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Peter Thiel Having Trouble Forming An Opinion On Twitter

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Just kidding, he actually thinks the entire operation is a joke and went on CNBC to say as much, where he noted that the only conceivable way he could see the company turning things around would be if literally everyone working for it was fired.

Twitter is “horribly mismanaged,” and replacing Chief Executive Officer Dick Costolo won’t help, according to Peter Thiel, an early investor in Facebook Inc. (Still, Twitter has potential and may succeed even though it’s dysfunctional, Thiel, a co-founder of PayPal Inc. and Palantir Technologies Inc., said on CNBC. The culture of the company was set by its founders and probably won’t change. “You’d have to fire everybody and start over,” Thiel said. “It feels like it’s vastly underperforming its potential.”

Peter Thiel Says Twitter ‘Horribly Mismanaged’ [Bloomberg]


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