For Twitter, the ‘P’ in ‘IPO’ may not be so public yet

David Brancaccio Sep 13, 2013
HTML EMBED:
COPY

For Twitter, the ‘P’ in ‘IPO’ may not be so public yet

David Brancaccio Sep 13, 2013
HTML EMBED:
COPY

The short-message social media company Twitter wants to sell many little slices of itself to the public–it filed for an IPO yesterday. Naturally, the company announced the news in a tweet. Marketplace’s Mark Garrison joins Morning Report host David Brancaccio to discuss what it means to confidentially file for a public IPO and what the company will do with the money it raises. 

Click the audio player above to hear the interview. And to hear more about Twitter’s future plans and who the company is acquiring listen to David’s conversation with Ben Popper, business editor at The Verge.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.