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It's gotta be a weird feeling when getting fired causes your company to gain 1.7B in value.
I'm sure he's getting a nice golden parachute in Twitter stock.
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Keep in mind Jack Dorsey the interim CEO, so it's only temporary until they find a permanent CEO.
Jack is a wild card. They'll give him a shot and see how it goes. If it goes well they can pull an Apple and say, "The founder is finally coming back!" If not they can quietly find a replacement and say, "Now Jack is going back to Square, just like they said he always would." It's PR insurance, basically, which Twitter desperately needs considering they go through CEOs faster than I go through freelancers.
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It's gotta be a weird feeling when getting fired causes your company to gain 1.7B in value.
Where is that value coming from? Are they even profitable? Stock value means jack shit.
From the $2 Billion in revenue and the 74% YOY increase in revenue, mostly https://investor.twitterinc.com/releasedetail.cfm?releaseid=...
Is there a link to an explanation...or a set of words...somewhere...that explains what's going on with Twitter or why this happened?
Having a founder and product visionary (Jack) in the driver's seat at Twitter is absolutely the right move. Sure, Jack has his quirks, and seems a little bit crazy and minimalistic, but that's exactly what makes him the right person for the job. Twitter is executing on its vision now just fine, but that's just the problem: There hasn't been any vision left in the company. No truly big moves have been made, and the pr…
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I'm sure he's getting a nice golden parachute in Twitter stock.
He's still be on the board as well. He probably stepped down mostly of his own accord; he didn't fight to become the CEO in the first place (even tried to turn it down multiple times). He was kind of thrown in there by the board when they fired Ev
Twitter really needs a strong product person running it.
I think Dorsey is too minimalistic. It was the reason why Twitter is losing traffic to IG and Medium (ironic). Vine lost to IG video because you couldn't follow Vine accounts via the Twitter website at the beginning. Take Square for example, it had a huge head start, but no business other than small coffee shops and food trucks can use it. https://medium.com/@hungrycharles/3-things-twitter-can-do-to...
Uniqlo? Whole Foods?