YOU ARE HERE: LAT HomeCollections

Twitter goes to Wall Street; CEO Dick Costolo wears blazer but no tie

October 25, 2013|By Jessica Guynn
  • Mike Gupta, Twitter's finance chief, left, and Chief Executive Dick Costolo, center, exit JPMorgan Chase headquarters in New York on Friday.
Mike Gupta, Twitter's finance chief, left, and Chief Executive Dick… (Scott Eells/Bloomberg )

SAN FRANCISCO -- Twitter executives made an appearance Friday on Wall Street as they prepared to kick off a road show to pitch the company’s initial public offering to investors.

As is traditional, Chief Executive Dick Costolo and finance chief Mike Gupta made the rounds of some of the banks leading the IPO.

They began the morning by paying a visit to Morgan Stanley, where they were greeted by a ticker that said “WELCOME @TWITTER TO @MORGAN STANLEY.” They also visited JPMorgan Chase and Goldman Sachs Group.

CNBC reporter Julia Boorstin noted Costolo’s wardrobe. Costolo donned a blue blazer and no tie, not the hoodie controversially worn by Facebook Chief Executive Mark Zuckerberg on his Wall Street rounds in 2012, but still a bit casual even for a Friday on Wall Street.

"Twitter CEO Dick Costolo arrives at Morgan Stanley - wearing a blazer - not a hoodie - but no tie? @dickc?" Boorstin tweeted.

Dan Primack, senior editor at, fired back: "Which do I care about less? What @dickc is wearing today at Morgan Stanley, or that Apple execs were wearing untucked shirts. It's a tie."

Costolo, a former improv comedian known for his dry wit and off-the-cuff retorts, kept his sense of humor in the media maelstrom.

He replied: "you know, I try to spend a few extra minutes each morning asking myself which shirt you'll like best, and YOU DONT EVEN CARE!"

Twitter plans to begin its road show Monday. We'll see if Costolo wears a tie.


Twitter unveils low-key video pitch to investors

Twitter prices IPO below expectations, moves date to Nov. 6

Twitter IPO hurdle: The service is well known but not widely used

Los Angeles Times Articles