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Twitter files IPO

This is the latest tweet from Twitter which confirms that have filed for IPO:

And after a couple of moments they tweeted another tweet:

Of course this is massive news, for the company that just added MoPub, with its $100 million annual revenue run rate and supposedly to be the biggest tech IPO of the year, and it’s a big signal that either Twitter believes that now is a good time for going public, or that next year will be tougher, since it’s between six and twelve months earlier than widely expected.

Twitter is expected to IPO at about a $15-20 billion valuation, given that it last raised money at close to a $10 billion value. But the recent acquisition of MoPub may bump that even more than analysts previously predicted.

Current revenue, however, must be lowered than $1 billion, or Twitter would not be able to confidentially submit an S-1 to the Securities and Exchange Commission.  The company has been preparing for an IPO for a long time.