Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Drama at Twitter Inc (TWTR) Has Subsided Under The New Management: Nick Bilton

There are two things that have frequently come under the gun for Twitter Inc (NYSE:TWTR), its low monthly active users and its management. Nick Bilton, author of the book, Hatching Twitter, placated both these concerns on an interview with CNBC.

twitter twtr facebook fb

First off, let’s have a look at Twitter Inc (NYSE:TWTR)’s management problem. In his interview, Bilton shed light on the turmoil and chaos that the present Twitter was born out of and which prevailed for a considerable time even after the inception of the social media platform.

Bilton mentioned the power struggles that were a norm at Twitter Inc (NYSE:TWTR). He cited the example of Ali Rowghani, the ex CFO and COO who wanted a higher role and then ended up leaving the company. However, he believed that calm has been restored under the current CEO, Dick Costolo.

“[…] There was a lot of tension, but I feel that over the past few months Dick Costolo has really taken the reins of the company and he has gone to the company board and said look this is my company, let me take it in the direction that I want, and I think that’s what we are seeing now […],” said Bilton.

While discussing Twitter Inc (NYSE:TWTR)’s user growth, Bilton rightly pointed out that most analysts compare it to Facebook Inc (NASDAQ:FB) in terms of Monthly Average Users (MAUs), but both of them are very different companies, he said. In his view, Twitter Inc (NYSE:TWTR) is a platform used for breaking news and headlines, and also a channel that is used by politicians.

This unique take on social media makes Twitter Inc (NYSE:TWTR)’s 271 million MAUs incomparable to Facebook’s 1.3 billion MAUs. Moreover, considering the unique purpose that Twitter Inc (NYSE:TWTR) serves, as a form of real-time news and awareness channel, the company is always going to be around.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!