Twitter Has No Plans to Go Public
Twitter co-founder Biz Stone speaks at the ''World Economy and Future Forum'' hosted by broadcaster MBN in Seoul March 3, 2011. Reuters/Jae-Won
Updated at 3:21 PM PST on Thursday, Mar 3, 2011
If anyone was really wondering about Twitter going public anytime soon, Biz Stone is letting folks know, they have no plans to do so, reports Reuters.
Stone who was in Seoul on Thursday, said, "We have so many other things before we even think about that."
"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 12 months.
The Financial Times reported on Sunday that JPMorgan was interested in 10 percent of Twitter, and there might be negotiations taking place.
In response, Stone says, "(The report is) made up."