IPO Rumors Chirp for Twitter

Recent moves have analysts looking to public offering in 2014
By Mark Russell,  Newser Staff
Posted Jan 4, 2013 9:29 AM CST
IPO Rumors Chirp for Twitter
Twitter could be heading toward an IPO in 2014, with an estimated value of $11 billion.   (Twitter)

(Newser) – Twitter could finally be going public. Well, in 2014, according to a new report by IPO-watchers Greencrest Capital. With an estimated valuation of more than $11 billion and a recent spate of high profile management hires and reshuffles, "you can begin to see Twitter’s potential flightpath," writes Abram Brown for Forbes. More positive signs, per Greencrest Capital: Twitter is doing a better job of making money via promoted tweets, and has a healthy partnership with Pinterest. (Read more Twitter stories.)

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