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>The line about 'no severance package' seems highly unusual and would lead me to assume that this was a forceful 'push' to step down. It's rather normal for pe

>The line about 'no severance package' seems highly unusual and would lead me to assume that this was a forceful 'push' to step down. It's rather normal for people to not get severance packages when they quit. Costolo is remaining on the board, and got a ton of stock when he became CEO. Considering that he grew the company's valuation from $3 Billion to $23 Billion (7.6x for those doing the math), I can assure you he doesn't really need a severance package anyway.

anon808 11y ago
and he's also getting a nice return on his angel investment in tellapart . . . which twitter acquired a month ago for $.5 Billion.
- Mahn 11y ago
  That sounds a bit sketchy, did no one call him out for that?
  - kyllo 11y ago
    "Conflict of interest" is not a phrase found in the Silicon Valley dialect of English
  - truthsayer1980 11y ago
    Usually this is structured in a way that it's 100% legally safe like in: "I was not part of the decision (but people who highly depend on me were)"