Twitter ready for Initial Public Offer (IPO)..Are you buying?

Twitter announced on Thursday, in a tweet, that it has submitted papers for the most hotly anticipated stock offering in the tech sector since Facebook's last year.

"We've confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale," the company tweeted.

Moments later, in typically breezy style, the company tweeted a picture of its staffers, and said: "Now, back to work."

Twitter's market value has been estimated around $10-billion based on early venture capital investments, but the initial public offering (IPO) is likely to bring a higher amount.

"We expect @Twitter to price #IPO conservatively at 20-30x revenue, or $15-billion, with about $500-million in revenue," said a tweet from the private company research firm PrivCo.

The firm added in another tweet: "Unlike $FB (Facebook) which waited too long to IPO (growth rate decelerated) Twitter will IPO at just the right inflection point."

Lou Kerner at the Social Internet Fund, said he expects a big reaction from investors.

"Given Twitter's significant growth, and the market's love affair with social media, the Twitter IPO is posed to be a home run," he said in an email.

Twitter has become one of the fastest-growing and most influential social media services, used widely by celebrities, journalists, politicians and others.
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