SAN FRANCISCO -- Even as it denies it has plans to go public, Twitter has reportedly hired a stock administration analyst whose former job at Zynga was to help crank up an IPO for the social gaming site.
The report, originally published by USA Today, did not name the new hire, only identifying her as a woman. Nor did Twitter offer any confirmation when asked about it Thursday. But if it's true, the news could suggest that Twitter may in fact have an initial public stock offering up its microblogging sleeve.
According to USA Today, which referred to the woman's LinkedIn profile, the person supposedly hired for the job did similar work for Zynga as the now-troubled online game-maker prepared to go public in late 2011.
In a somewhat cryptic answer to a request for comment, Twitter spokesman Jim Prosser told this newspaper in an email that "it's typical for private companies with large numbers of employees and stockholders to have stock/equity teams, and we have had one for a couple years."
It's not as if this IPO rumor came out of the blue. The company's IPO prospects have been the subject of widespread speculation in the blogosphere for several years, with some reports suggesting it will go public in early 2014.
Twitter executives have been stomping out the IPO-rumor flames every chance they get. CEO Dick Costolo has publicly declared that Twitter is not planning an IPO. And co-founder and board member Jack Dorsey told Bloomberg that Twitter is "not even thinking" of such a move.
The USA Today report said the job posting it found on LinkedIn last week was for a financial reporting manager who conceivably could help the company prepare its quarterly earnings reports. Twitter quickly had the job posting removed, the report said.
Twitter's been hiring elsewhere. The company recently confirmed that it had started hiring for its first-ever Silicon Valley outpost in Sunnyvale. The 8,000-square-foot office, which was first reported in May, can accommodate 40 to 50 employees. The San Francisco firm agreed in May to lease the space at Sunnyvale Business Park at 400 W. California Ave. near the Caltrain station in downtown Sunnyvale, according to brokers with Colliers International and Jones Lang LaSalle, the commercial realty firms that arranged the lease.