Twitter confidentially files for IPO under JOBS Act

|By:, SA News Editor

Twitter discloses through its own service it has "confidentially submitted an S-1 to the SEC for a planned IPO."

The microblogging leader, forecast by eMarketer to pull in 2013 revenue of $580M, has been valued at ~$10B on private markets.

Sky News reports Twitter will list on the NYSE (NYX) rather than the Nasdaq (NDAQ); Facebook chose the latter. Bloomberg reports Goldman (GS) will act as the lead underwriter.

GSV Capital (GSVC), which estimated its Twitter stake was worth $37.6M at the end of Q2, is up 8.7% AH.