Sign up FAST! Login

We think of revenue like oxygen. Essential to life but not the first thing you think about in the morning. ~Dick Costolo

Stashed in: Awesome, Monetization, @dickc, Valuation, SOCIAL, Twitter, Favorites

To save this post, select a stash from drop-down menu or type in a new one:

Holy smokes, Twitter is going to IPO soon:

As Twitter nears its IPO, CEO Dick Costolo seemingly refuses to focus on the money. “We think of revenue like oxygen. Essential to life but not the first thing you think about in the morning,” he told Katie Couric at The Atlantic’s Aspen Ideas Festival. “I don’t try to get caught up in short-term thinking about the company.”

Given the impending IPO, this is likely Costolo’s last interview, so these quotes will haunt them as the $10 billion IPO frenzy ramps up.

Hello, is this thing ON?  August and it's going to be H U G E! 

Wait, wait. They're going public in August?

Who goes public in August? I thought that's a dead month on Wall Street.

Or is that the point?

And this:

There were rumors months ago that it would be August.

I had heard 2014. August would be surprisingly fast!

Have they even filed their S-1 with the SEC?

Twitter and Yahoo tried to resist the NSA:

The goal, Costolo said in true buzzword-happy fashion, is to become a “global town square.”

Costolo completely bypassed questions about the National Security Agency’s internet snooping program. “We have to obey the rule of law,” he said, noting that Twitter was not one of the 9 companies named as part of the PRISM program.

It should be noted that Twitter isn’t the only company who claimed to fight the NSA. Yahoo reportedly tried to block the NSA’s spying, but lost. So, while it’s laudable that Twitter isn’t part of PRISM, it may be because Twitter doesn’t collect the kinds of user identification data most valuable to spy agencies (you can sign up for twitter with a pseudonym).

Twitter has become the American town square.  It's where we go when "something goes down."

I usually go to Reddit, actually.

You May Also Like: