The founder also denied the multiple reports that JPMorgan Chase was looking to buy a massive 10 percent stake in the service for $450 million.
When asked about a possible IPO, Stone 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.
Twitter has over 200 million users.
Following its latest funding round in December, the microblogging company has a value of almost $4 billion.
Written by: Andre Yoskowitz @ 4 Mar 2011 13:34