It's Official: Twitter Goes Public

2000px-Twitter_logo.svg_The tech news world has been buzzing for the last couple of hours as it was announced that Twitter has officially filed for IPO. Twitter announced their move via what else, but Twitter, with a post stating "We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale." The seven year old company has become a premiere destination for news, entertainment, and social connections, and is now said to be valued at over $11 billion.Many people in the financial industry will be watching closely as the stock hits the market, and comparing the success of this stock with the rocky introduction Facebook made into the market last year. As The Verge states, "Twitter has invested hundreds of millions of dollars in building a next-generation advertising platform that executives argue is better at targeting users than Facebook." With a much lower user base then Facebook, will they be able to prove a more reliable revenue model to be a successfully traded company? Twitter believes its advertising model and user data will allow it to continue to grow their revenue and net worth.So what does this mean for the rest of us? With a heavy new cash flow coming in from their public stocks, Twitter can now spend the money to bring in more talent, update features of the platform, and focus on their ad revenue side of the business. –Kyle (Twitter|Instagram)