High-level Twitter executives leaving

Discussion in 'Stock Market Forum' started by baudwalk, Jan 24, 2016.

  1. baudwalk

    baudwalk Senior Investor

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    http://recode.net/2016/01/24/big-ex...a-head-stanton-and-product-head-weil-leaving/
    As a frustrated shareholder, I have to say about time there is a shakeup here. Clearly there is more to the story of events as discussed in this article. I suspect the story leaked out ahead of the intended announcement at the forthcoming company retreat this week. Giddyup.
     
    Last edited by a moderator: Jul 8, 2016
  2. eddiemoneys

    eddiemoneys Well-Known Member

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    When the integrity and mission goal starts to dissolve and the profits aren't there, you're going to see the key members start to leave and go their own way, while the investors do the same. It's possible to turn it around, but it's a little like turning the Titanic around once it goes too far. Somebody might have something to gain from the early release of it even if it's not good for the company to be released at this time.
     
  3. Corzhens

    Corzhens Senior Investor

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    Oh, something critical had happened and those 2 executives may have received their walking papers after a disagreement with the board of directors of Twitter. The most common issue is profit and profitability but sometimes there other reasons behind the issue. Let's just wait for further announcements on the subject matter. It's funny thought that Twitter is a social media but the issue leaves the public at a loss.
     
  4. Scooby Snack

    Scooby Snack Well-Known Member

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    Sigh. There's just too many of these things to keep up with now. I'm not old, but I feel old.
     
  5. Penny

    Penny Well-Known Member

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    The goss is that there will be some kind of impressive business-celebrity new guy coming in at the top of Twitter. That can mean some new blood and new ideas. But I can't say that I am optimistic. Twitter is pretty famous now for having a non-diverse delusional workplace culture where any innovation is beaten to death as soon as it sticks its head up. Twitter is going to continue to do that one thing that it does until that thing becomes obsolete. Then that will be the end of that.
     
  6. baudwalk

    baudwalk Senior Investor

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    Source, please?
     
  7. Rainman

    Rainman Senior Investor

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    Last year Jack Dorsey said Twitter needed to hire and invest in talent. Maybe a change in leadership/"new talent" is what Twitter needs to make a comeback.
     
  8. Troponin

    Troponin Guest

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    I currently have twtr stocks (Not much), but I too was happy to see this. FB will be implementing stream and play by play game information, as well as doing the same for the upcoming Olympics. This could hurt twtr if they dont step up their game. Oddly enough, I have stocks in FB as well, because the man who is setting FB up with this programming and tech is the one who told me all about it and suggested I grab some stocks in preparation of the Superbowl and the Olympics. I just threw a litle in to it at first, but will be watching it closely. We might see a final jump in FB this year before it starts to peter out.

    Regardless, this is a good sign for twtr. I would be excited to see both do well
     
  9. Onionman

    Onionman Senior Investor

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    It's pretty crazy what's gone on at Twitter over the last year and I'm very glad that I chose not to buy any when I thought about it. Dorsey's got to get to grips again with the company. Costolo did a bad job of it and what looks like a great platform is simply not monetizing. Too many execs leaving and strategies that didn't work out. Time for some stability.
     
  10. JulianWilliams

    JulianWilliams Well-Known Member

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    Twitter is always going to have issues generating enough revenues. Facebook's model of selling increased exposure would probably kill of Twitter because its users are already difficult to entice to the advertisers' websites. I probably get abut 0.2% of my twitter followers to visit my website whenever I post an update.
     

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