According to a report by the financial research firm Greencrest, Twitter is preparing for an initial public offering of shares next year, writes Bug.hr.
Twitter’s value is estimated at $11 billion, and the current relatively high value is a result of speculation that Apple is interested in acquiring the company. Greencrest believes that this year Twitter will begin preparations for an initial public offering of shares during 2014.
Twitter’s co-founder and chairman of the board, Jack Dorsey, has long emphasized that the company will proceed with an initial public offering of shares when they feel ready for it.
