Twitter’s initial public offering (IPO) was, by all accounts, a huge success. The company sold millions of shares at its asking price of $26 dollar a piece and, at the time of writing, has a market capitalisation of $23.96 billion.
Of course, Twitter is still, relatively, a small company, and with that amount of cash being pumped into the firm, a lot of people did rather well. Indeed, by one estimate, some 1,600 Twitter employees are now millionaires or better. That’s the good news. The bad? Collectively, they owe more than two billion dollars in tax.