Twitter: No IPO Plans Any Time Soon

Twitter has no plans to go public any time soon and does not need additional funds because it is making money, the co-founder of the popular microblogging site said. “We have so many other things before we even think about that,” Biz Stone told Reuters at a business forum in Seoul on Thursday when asked about the prospects of an IPO.

“We are not even discussing it internally. It’s too far off,” he said, adding that Twitter had no plans to raise funds over the next 4 quarters.

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