Twitter Is Going Public, Files for IPO

The San Francisco-based company is one step closer to joining the ranks of Google and Facebook.
1:00 | 09/13/13

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Transcript for Twitter Is Going Public, Files for IPO
On Wall Street the big story this morning Twitter. Going public. And yes that should mean some big money ABC's Rebecca Jarvis here. With details on just how big Rebecca. Yes Josh and the question is how big and for whom well this morning Twitter is one step closer to joining the ranks of Google apple and FaceBook. It -- secret filing with regulators Twitter made its intentions to go public known. And then it tweeted it to the world that was some big news for its 140 characters -- now it's just a matter of time before. Anyone watching every one can own shares of Twitter while Wall Street expects the company is valued somewhere between. Fifteen and twenty billion dollars that's not quite as -- as -- hundred billion dollar IPO. But it's still a huge amount of money and it's especially huge when you consider that just a handful of years ago. No need even heard of a tweet now we're sending more than 500 million of them every single day to. Not all from the --

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