Twitter will generate more than 500 million dollars in revenue this year. This represents a doubling of the firm’s estimated 245 million dollars of revenue in 2012. Other analysts estimate even higher sales figures.
Notoriously secret, Twitter has not published any figures. However, this is likely to change in the near future. Why? Twitter announced its IPO by Tweet on Thursday. Twitter filed 'Confidential' IPO S-1 Docs.
This year, 131 companies have filed for
IPOs — up 44% from last year.