Don't Expect An IPO Any Time Soon, Says Twitter CEO Dick Costolo

For those watching Twitter’s financials, CEO Dick Costolo’s answer to a media question yesterday about a possible IPO (initial public offering) of stock probably didn’t come as a surprise: don’t expect one in the near future.

Costolo sat down with a few dozen members of the San Francisco media on Thursday to discuss the state of Twitter – announcing a massive number of active users, billions of tweets sent every few days and other stats about the company.

But what was really interesting, especially to those following Twitter’s financial moves, was his response to a question posed by one of the journalists about whether Twitter would seek an IPO any time soon.

And

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