San Francisco’s Twitter Bet Pays Off as IPO Boosts Millionaires

San Francisco’s Twitter Bet Pays Off as IPO Boosts Millionaires

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Twitter Inc., now with 2,000 workers, is seeking to raise $1 billion in an initial public offering of shares, people with knowledge of the matter have said. The move is likely to create more millionaires, jobs and technology investment in California’s fourth-largest city.