1. He thought they had a lot of extra fat - Judging by the fact that he basically kicked off the silicon valley firing trend, he might have been right. 2. He t

1. He thought they had a lot of extra fat - Judging by the fact that he basically kicked off the silicon valley firing trend, he might have been right. 2. He thought advertisers/power users were locked into the platform but didn't pay enough - Judging by the fact that he had to hire a new executive from traditional media whose job is to likely negotiate with advertisers he was likely very wrong on what he though the power balance between twitter and ads was. 3. He thought the platform lacked core products - Since there are still no tangible new products at Twitter not sure how to grade him. Overall, this is basically what a PE buyout of a shit company looks like. Except this company's product is used by basically everyone(on the free tier) and we get to watch the turnaround/last breath from the first row.