It's official, Twitter formally announced that it's on the path to becoming a public company by filing for an initial public offering with the Securities and Exchange Commission on Thursday.
While insiders are most likely popping champagne corks, there's still the looming risks: What if Twitter fails to make money? What if its users dry up? What if it becomes a bigger breeding ground for spam?
One of the nifty things about filing for an IPO with the SEC is that companies have to outline just what could trip up their plans to make loads of money. … Read more