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- ABC News
- September 12, 2013
AC
"Real-time information network" Twitter files for a highly-anticipated IPO.
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Facebook CEO Mark Zuckerberg offered Twitter some advice on its offering at the Techcrunch Disrupt conference held in San Fransisco this week.
\"Having gone through what I think most people would characterize as an extremely turbulent first year as a public company, I can tell you it isn't that bad,\" Zuckerberg said. \"I was worried people would leave the company and people would get really demoralized when the stock price goes down, but people are really focused on the mission and really believe in the products they are working on. I think it has made our company a lot stronger.\"
So far this year, there have been 293 IPO filings with the SEC, up 61 percent, excluding confidential S-1 filings. In the same nine-month period last year, there were 182 filings, according to Thomson Reuters.
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