The social media messaging service Twitter revealed on Thursday its plan to raise $1 billion in a public offering of stock. Much like the Facebook initial public offering, or IPO, of last year, this has become the most anticipated IPO of 2013.
However, Twitter officials would like the comparison between the two to end there.
“Facebook itself made some last-minute disclosures that rattled investors. There were problems on the first day of trading. What people close to Twitter’s IPO tell me is that if nothing else, they’re trying to have the 'anti-Facebook' IPO. To do this both quickly and quietly as they can,” said...
