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Tweet T’woe

 1 min read / 

Impact_Of_Costolo's_Resignation_On_Twitter_Shareprice_TMMChart.png

Trader’s remarks:

Mr. Costolo the ex-CEO of Twitter has been credited with helping the company formulate its business plan in its early days and rallying the troops after a contentious fight between co-founders. However, Costolo or co-founder and Chairman Jack Dorsey have been able to live up to investor expectations. Twitter has 300 million monthly active users – around the same number as Instagram, but both are dwarfed by Facebook, which has 1.4 billion active users. With other companies like Snapchat competing for the same social media advertising revenue, the pressure is on for Twitter to build products that will improve the number of new sign-ups.

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