Twitter confidentially submitted an application with the U.S. Securities and Exchange Commission for a planned initial public offering. The fact that Twitter was able to apply confidentially means the company made less than $1 billion in revenue in the most recent fiscal year.
Twitter is just over 7 years old, so why an IPO now? Here is a brief timeline of some of the major milestones for Twitter that have led up to the decision from the San Francisco-based microblogging service to go public.
Originally from Northern California, Ryan W. Neal came to New York to earn his master's in journalism from Columbia University. He joined IB Times April 2013, and is a writer...