VENTURE CAPITAL POST

Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.

According to a report from Reuters, the memories of Facebook's IPO had cloud up Twitter's debut which had dampened enthusiasm for the shares of the social networking platform.

A 47 year-old reclusive financier and private equity firm founder Suhail Rizvi would stand to gain from Twitter Inc's upcoming initial public offering.

The most anticipated public listing of Twitter Inc would be led by Goldman Sachs Group Inc, said a Bloomberg report.

Twitter disclosed its financial information to potential investors after filing its IPO documents, said a Reuters report.

The Federal Trade Commission said that Twitter's acquisition of MoPub would not be challenged by antitrust regulators.

Redpoint Ventures announced on Tuesday that it had hired former Twitter Inc executive Ryan Sarver as a partner in the venture capital firm, according to a company press release.

According to news website Quartz, Twitter Inc. would make its IPO filing public this week and would probably start trading before the thanksgiving holiday on November 28.

According to a Bloomberg report, major shareholders like Twitter co-founder Evan Williams would stand to see a rise in the valuation of their shares in the microblogging service after Twitter's IPO.

The New York Post reported that Twitter had been talking to major banks to help set up a credit facility line in the range of USD500 million to USD1 billion prior to its initial public offering that may happen before Thanksgiving.

After making its IPO intentions public, the choice of the bourse to register takes centerstage for microblogging service Twitter.

Twitter Inc. had been in talks to add more banks to its upcoming IPO, said sources.

Thanks largely to Twitter Inc's IPO filing, publicly traded fund GSV Capital would be looking to receive bigger gains.

According to a Bloomberg report, Twitter Inc. was trying to avoid moves that got Facebook Inc. lost half of its value after it went public last 2012.

A source told Bloomberg that Goldman Sachs Group snatched a lead role in the upcoming IPO of Twitter.