Yes, Twitter’s gone public, but think twice before investing in startups
Today Twitter will finally complete its much-chatted and – tweeted-about initial public offering, or IPO.
Market pundits and analysts have devoted an incredible number of hours to micro-analyzing the details of the microblogging site’s offering. But what matters a lot more to the rest of is not Twitter’s first day “pop” but another big deal: what happens to the SEC’s new crowdfunding proposals, aimed at giving us all the chance to get in on the ground floor of the next Twitter.
Twitter isn’t just an IPO, it’s a symbol. It’s yet another example of the spectacular returns that techie geniuses expect and that only make us drool. More than one of us will look at the coffers of riches from the Twitter IPO and think, "Why can't I make money like that?"