• What are Twitter employees tweeting this morning?

    Twitter employees have some big news to share...

    FORTUNE -- Twitter (TWTR) this morning is going public after the second-largest Internet IPO in history. Not surprisingly, company employees are sharing the moment the way they know best: Via Twitter.

    Below is a selection of tweets from Twitterers (current and former):

    This picture of the NYSE all lit up in @twitter blue just totally gave me the chills.— Jessica Verrilli (@jess) November MORE

    - Nov 7, 2013 10:12 AM ET
    Posted in: ,
  • In Twitter IPO, Wall Street reserved best info for top clients

    Twitter's investment bankers are telling their clients one thing while Main Street hears a different story.

    FORTUNE -- Once again, Wall Street is telling its top-paying clients one thing, and the rest of us are getting a different story. This time it's the Twitter (TWTR) IPO.

    According to the Wall Street Journal, analysts who work for Goldman Sachs (GS) and other banks on the IPO, which raised $1.8 billion, have been privately MORE

    - Nov 7, 2013 5:00 AM ET
  • Twitter raises $1.82 billion in IPO

    Twitter prices 70 million shares at $26 each.

    FORTUNE -- Twitter this evening raised $1.82 billion in its initial public offering, and tomorrow morning is expected to begin trading its shares on the New York Stock Exchange under ticker symbol TWTR.

    The micro-messaging service price 70 million shares at $26 per share, which is higher than both its original $17-$20 price range and its recently-revised price range of $23-$25 per share. It MORE

    - Nov 6, 2013 6:41 PM ET
  • How Twitter's largest outside investor tricked me

    Twitter's largest outside investor used a brilliantly simple way to avoid detection.

    FORTUNE -- When Twitter (TWTR) unveiled its IPO registration last month, a lot of folks were stunned to learn that the company's two largest institutional owners weren't any of the venture capital firms known to have invested in the company. Instead, they were Michigan-based private equity firm Rizvi Traverse (17.9% stake) and entities affiliated with J.P. Morgan (10.3%). Both firms MORE

    - Nov 6, 2013 9:57 AM ET
  • 6 things we learned from 'Hatching Twitter'

    As Twitter prepares to go public, its messy founding is detailed in a new book.

    FORTUNE -- Nick Bilton has wonderful timing. Tomorrow the NY Times scribe's new book, "Hatching Twitter," will hit bookstores, just days before the company is planning to go public in one of the largest tech IPOs of all time.

    It is a compelling read, more like espionage than a corporate history. Bilton goes into deep detail on MORE

    - Nov 4, 2013 3:01 PM ET
  • Why Twitter shouldn't have kicked out Buzzfeed

    Twitter (and all other IPO candidates) should let media into their IPO roadshows.

    FORTUNE -- Earlier today a reporter from Buzzfeed attempted to crash Twitter's IPO roadshow presentation at New York's Mandarin Oriental hotel. And then a woman yelled at the reporter to get lost, which was followed by some more gentle persuasion by hotel security.

    It made for a fun little story, and a bunch of snarky tweets about the menu (for MORE

    - Oct 30, 2013 4:44 PM ET
  • Why is Twitter spending so much on R&D?

    The king of limited media has an unlimited budget for research.

    FORTUNE -- One of the long-time knocks on Twitter is that it doesn't do a very good job of innovating. Users came up with hashtags. TweetDeck was created by another company that Twitter had to buy. Twitter is reportedly considering shutting down a music site that it launched earlier this year. Go to and you will basically see the MORE

    - Oct 25, 2013 5:00 AM ET
  • Twitter discloses IPO terms

    Twitter plans to raise $1.4 billion.

    FORTUNE -- Twitter (TWTR)  this afternoon revealed that it expects to have an initial market cap of approximately $10 billion after it goes public next month.

    The San Francisco-based company said that it plans to raise upwards of $1.4 billion, by selling 70 million shares at between $17 and $20 per share. That would work out to an initial market cap of $10.08 billion (or a MORE

    - Oct 24, 2013 4:05 PM ET
  • Twitter: We pay our directors way more than Facebook does

    Twitter can shower riches on its outside board members.

    FORTUNE -- Twitter does not provide its outside directors with annual salaries, but it's unlikely that they're complaining.

    The micro-messaging service disclosed yesterday that its outside directors may earn upwards of $16 million in compensation this year, as first reported by Footnoted. It also seems to provide for up to $8 million per year going forward, or $16 million for a new director MORE

    - Oct 23, 2013 4:36 PM ET
  • Was Veeva a better VC deal than Twitter?

    Emergence Capital stands to generate 266x on its investment in Veeva.

    FORTUNE -- Yesterday I wrote about how Twitter's earliest investors would more than double their entire funds on that one deal, assuming that the company goes public at a valuation similar to where it's been trading on the private markets. But a company with much less sex appeal may actually have been the better venture capital investment.

    That would be Veeva Systems MORE

    - Oct 17, 2013 4:42 PM ET
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