Around the Net

Peter Thiel: Twitter Remains "Horribly Mismanaged"

  • CNBC, Wednesday, September 17, 2014 11:53 AM
Accusations of pot smoking executives aside, Peter Thiel considers Twitter to be “a horribly mismanaged company.” That said, “It's such a solid franchise it may even work with all that," the venture capitalist and early Facebook investor said during a “Squawk Box” interview, this week. Meanwhile, regarding Twitter CEO Dick Costolo, Thiel said: “I’m not sure they could do that much better .. The CEO can't really change things that much in these companies … You'd have to fire everybody and start over.”
 

Read the whole story at CNBC »

Next story loading loading..