Ipo

Did you know Twitter is going public? Of course you did – it’s all the mainstream media could seem to write about last week after the now infamous twitter tweet about it. 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. — Twitter (@twitter) September 12, 2013 After all the speculation about valuation, who owns what, what it’ll price at, how much money will be made, is Twitter growing or shrinking, what is a tweet after all, will their stock symbol be TWIT?, and all the other nonsense that seemed to consume the business press, I noticed a perplexing thread from some people expressing how indignant they are they Twitter is going public in secret. ...

My partner Jason has a longer post up on Senate Bill 1933, but I’m supporting S. 1933, otherwise known as “Re-opening American Capital Markets To Emerging Growth Companies Act.” In short, this act would allow for an IPO on-ramp that would minimize costly and burdensome regulation on smaller offerings. If you have contacts in the Senate, now is the time to let them know that you support it too.