Tuesday, December 23, 2014

Dick Costolo, CEO of Twitter, could resign soon – Techno Ninja

 


 
 

 

Robert Peck , an analyst at SunTrust , recently in a conversation he had with CNBC , predicted the possible abandonment of Dick Costolo as CEO of the famous social network Twitter , then declare that there are many strong points which indicates that separation, although not specifically told that relies for his claim.



If you look good, one of the main reasons Costolo would leave the post could not be able to increase significantly the number of active users on Twitter, just as the value of its shares has changed, since even before that news were falling uncontrollably.

Peck determines if this be true, one of the great Google could take place, and serious indicated Neal Mohan , as it is one of the scholars of the famous DoubleClick , a company acquired Google in 2007 that manages advertising in general.

It is also assumed that the CEO of Twitter go a few days ago it sold more than 500,000 shares in the company, equivalent to 5.32 million dollars, this action has caused the respect he had lost his workers as respect for the market. This amount of shares sold is the equivalent of only 10% of the shares having in his possession Costolo

One of the investors of Twitter made the following points within the scandalous sale of shares.

“As the CEO, how can you look into the eyes of your employees when you’re busy taking a lifeboat? People working in Twitter knows the potential (of the company) and know that he is an obstacle to achieve. Should not continue to run the company. “

This rumor increased 4% the price of the shares of the company placing them at a cost of 38.66 dollars per share but the reality is that they are too far away to reach the value of $ 69 which had earlier this year.

The reality is that Twitter has not denied or accepted the rumor, although we will not be long time to receive company news

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