Twitter Sends Different Message Than Facebook in Filing
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Twitter Inc. proved once again it’s not about to have another Facebook Inc. initial public offering.
The San Francisco-based company yesterday made its prospectus public, in a document that contrasted with Facebook’s S-1 last year. In its filing, Twitter showed more risk factors than its rival, published a much shorter letter to prospective shareholders, and dodged some of the issues that hampered Facebook -- such as a lack of mobile advertising -- when it went public.