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This is why I think the 6 years of Jack's tenure as CEO was mostly a wasted time for Twitter and I think it shows that it's extremely hard to run 2 large compan
by arnvald 5y ago
This is why I think the 6 years of Jack's tenure as CEO was mostly a wasted time for Twitter and I think it shows that it's extremely hard to run 2 large companies at the same time.
I am a regular user of Twitter and I can't really tell you what the've added over the last 6 years. Some safety-related features, a new layout, 280-character limit, Twitter Spaces - is that it?
I know that opening Twitter might have meant a temporary hit for the stock price, but it's not like the stock was doing well in the first place:
Square went from $12 in 2015 to $83 before COVID to $170 today with a peak around $250.
Twitter went through ups and downs and today it stands at $45, around the same price as in 2013.
I realize it's all way more complicated, but I hope the new CEO turns it into a better product.