FORTUNE -- Twitter is not for sale. Jack Dorsey, the cofounder-turned-prodigal son made this clear in an interview Wednesday with All Things D columnist Kara Swisher at the D9 tech conference in Rancho Palos Verdes, Calif.
Instead, it's more likely an IPO is in the compay's future. While Dorsey won't specify when, he echoed Twitter CEO Dick Costolo's statements from earlier in the day, saying "We're focused on building a product and a business. Going public is an instrument and tool to help sustain the company. In the future, there may be an IPO, but I don't know what the timing is."
Dorsey holds not one but two of the most high-profile jobs in Silicon Valley -- at the same time. Each day, he spends 8-10 hours at Twitter where, as cofounder and chairman, he guides decisions on product development and helps think through how to build out the business. Then he walks a few blocks over to the mobile payments company Square where, as cofounder and CEO, he spends another 8-10 hours working with his team to design and build a next-generation payments system. Do the math, and you'll see that leaves only four to six hours for sleep. No problem, says Dorsey: "Most people have major positions at companies and they're also raising families. They have two-year-olds. I have it easy," he says, noting as he often does that he is single and lives just a few blocks from the office.
Notes from from an Apple watcher stuck on the wrong coast
Apple's (AAPL) CEO was scheduled to give the 6 p.m. PDT keynote at All Things Digital Tuesday night, but the show is running late and rumor has it that he's been pre-empted, at least temporarily, by Rupert Murdoch. Makes sense. Walt Mossberg and Kara Swisher may think this is their show, but Murdoch -- as CEO of the News Corp. MOREPhilip Elmer-DeWitt - Jun 1, 2010 10:03 PM ET
Cornered by a reporter, he lets slip a few more details about the iPad
All Things Digital's Kara Swisher, who carried a digital camcorder to Apple's (AAPL) iPad event for her BoomTown blog, has posted some rare footage of Steve Jobs in the crush of reporters at the foot of the stage after his presentation Wednesday.
It's framed as a kind of Walt Mossberg sandwich, with slices of the Wall Street Journal's MOREPhilip Elmer-DeWitt - Jan 29, 2010 12:07 PM ET
By Yi-Wyn Yen
HALF MOON BAY, Calif. - Fortune's Brainstorm Tech conference kicked off Monday night with sharp-tongued bloggers ripping into each other and the companies they cover.
Moderator and Fortune senior writer Adam Lashinsky discussed the competitiveness of the blogosphere with Om Malik of Gigaom.com, Kara Swisher of the Wall Street Journal's (NWS) AllThingsD.com, and Robert Scoble of Scobleizer.com. He asked the trio what made their sites unique, which quickly devolved into MOREyiwyn - Jul 22, 2008 1:51 AM ET
|Microsoft unveils new Xbox One game console|
|Stocks end at record highs ahead of Bernanke|
|Apple grilled about tax havens|
|Army plans to launch a reality TV show|
|The market doesn't lie: Housing recovery is real|