If they get their first female board member, it won’t be in order to bolster the IPO. That doesn’t mean they’re not letting this information out in an effort to bolster their IPO.
According to sources close to the situation, Twitter is planning on waiting until after its IPO — which is set to take place next week — to name its first woman to its board.
The move makes some level of sense, mostly because it would be difficult to have any new board member join the San Francisco-based social microblogging company now, given that that person would have to sign off on the public offering with little knowledge of its details.