Before its IPO,Twitter was an example of a private firm.As a private firm,Twitter was

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As a private firm, Twitter was run by its founders: Evan Williams, Noah Glass, Jack Dorsey, and Biz Stone. Private companies are typically owned and operated by individuals, rather than being publicly traded and owned by multiple investors. While private firms are still subject to government regulations and taxation, they may have more flexibility in terms of fundraising and decision-making compared to public companies. It is unclear whether Twitter was legally allowed to raise funds through venture capital firms before its IPO.

Before Its IPO,Twitter Was an Example of a Private Firm