Twitter's initial public offering filing went public today, detailing its plans to raise $1 billion and trade its shares under the symble TWTR. But it also laid out a bunch of details we hadn't come across previously—at least not in such, well, detail.
Twitter To Wall Street: Screw You
Twitter isn't currently profitable—it posted a $69.3 million net loss in the first six months of this year—and from the look of things, it plans to stay in the red for a while. Twitter forthrightly declares that it will continue to focus on innovation and ways to get users to stick around rather than on "rather than short-term operating results."
