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Twitter Calls on Veteran Tech M&A, IPO Exec to Lead Key Group

May 2, 2013 2:15 PM EDT
Coincidentally, or maybe not, investment sage Warren Buffett is said to have joined Twitter on the same day more rumors are out that the company might be planning an IPO sometime soon.

Reuters reports today that Twitter has tapped Morgan Stanely's (NYSE: MS) Cynthia Gaylor to run its corporate development team. Gaylor is said to have experience in both acquisitions and initial public offerings (IPOs).

Gaylor's LinkedIn profile has her leading technology execution efforts at Morgan Stanley, being managing director of M&A at the firm's global technology group. She led on such deals as Google's (Nasdaq: GOOG) acquisition of AdMob and Amazon.com's (Nasdaq: AMZN) purchase of Zappos.

Twitter has been mum on plans for an IPO, possibly watching to see how peers like Facebook and LinkedIn play out. Save for a rough first few weeks at Facebook, which saw the stock drop by about half from its IPO price following a bungled effort, the social media giant has performed relatively well. LinkedIn is up over 140 percent from its IPO price of $83.

Given that both Facebook and LinkedIn went public during the middle of May and just one year apart to boot, should potential investors be expecting something similar from Twitter?

On Buffett, the Oracle had 1,747 new followers at 12:21pm EDT, moving to about 96,000 as of 2:15pm.


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