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.

Why Twitter Inc. (TWTR)’s latest Re-shuffle Raises More Questions than Answers?

Twitter Inc. (NYSE:TWTR)‘s move to push its consumer product head, Daniel Graf, into a ‘Special project role’ is raising concerns, considering he has held the position for only 6 months. Kevin Weil will reportedly take over as the company’s next consumer product head.  Former Twitter director of platform, Ryan Sarver, during an interview on Bloomberg, reiterated that Weil was taking over to align both revenue and consumer products having been with the company for many years.

Twitter, is TWTR a good stock to buy, 4Q2014, Tony Wible

Sarver believes Weil’s experience and years with the company might have played a big role on him being considered for the top post.

“Kevin has a great track record within Twitter Inc. (NYSE:TWTR) of continuing to like build great products. Started as a data scientist within the company, built the entire revenue product organization from scratch. Took over Platform and launched what we saw last week at Fabric. I think they just look at him as a great kind of leader with a great background, “said Mr. Weil.

Twitter Inc. (NYSE:TWTR) has not had the smoothest of rides in terms of its management team. Former CFO, Ali Rowghani, was forced to resign after a leadership tussle with Costolo, as well as a number of engineers. Costolo has now moved to instill investors’ confidence reiterating that Twitters focus now shifts to improving the messaging product as well as user’s experience.

Weil has already reiterated that Twitter Inc. (NYSE:TWTR) is looking to expand into the mobile ecosystem but with greater emphasis on the consumer application ecosystem.

Sarver argues that investors should not be concerned about the reshuffles as it only goes to better the company in terms of operations efficiencies going forward.

“I think what is important is making sure you get the team right. You get your go-for team right, to build the best team you can and not react to kind of what the market things you should be doing. I think in the end that is what they are focused on, and that is what they think is the right move. They are not trying to react to what the market is expecting of them, “said Mr. Sarver.


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

Loading...