Photo: Dan Frommer, Business Insider
After last year’s flurry of IPOs, and the coming Facebook IPO, everyone wants to know if Twitter is taking a look at the public markets.CEO Dick Costolo says it’s not happening any time soon.
“The business is working so well and we financed the growth of the company the way we wanted to finance it last year that we don’t see the need to think about that stuff right now.”
That’s despite Facebook’s impending IPO, which could open a window that would send valuations of impending internet IPOs higher.
“There’s no window, that’s silly short-sighted thinking,” Costolo said. “Google went public on its own terms. If you have a great business, then you can be a public company whenever you want to be a public company. You’re not beholden to a window.”