Twitter Files to Go Public
This isn't the same thing as going public, which Facebook (FB) did in mid-2012. Twitter will likely file its documents in preparation for an initial public offering in 2014.
Last year I predicted that Google (GOOG) would acquire the micro-blogging site. I wouldn't be surprised if Google makes another run at Twitter, though I expect Twitter would prefer to remain independent.CEO Dick Costolo has been pretty adamant that the company doesn't need to raise funds soon, as it tries to maximize revenue, while maintaining the user experience and value that Twitter has become. In mid-2012, Twitter said it "expects to generate at least $1 billion in sales in 2014." I think we'll see Twitter file its documents around November, with an expected offering sometime around February.
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