ASPEN, Colo. — Twitter CEO Dick Costolo is getting increasingly creative in his efforts to sidestep questions on when the social media company may go public.
In an interview with Katie Couric at the Aspen Ideas Festival Saturday, he refused to talk about any possible IPO plans, but insisted that making money is not his top priority.
“We think of revenue like oxygen,” he said. “It’s necessary for life, it’s vital to the health and success of the business, but it’s not the purpose of life. You don’t get up in the morning and say, ‘I’ve got to get enough oxygen.'”
Twitter is widely rumored to be planning a public offering in 2014. But Costolo has steadilyrefused to tip his hand on when such an IPO might happen. In the process, he’s come up with a variety of explanations for why he’s not talking about it. Continue reading
Nizamudheen Valliyattu 