However, he has denied claims that his promotion from chief operating officer to chief executive, taking over the role from Evan Williams, means that the company is being prepped for a sale.
In his first interview with The Telegraph, since being appointed chief executive, Costolo, said: “No, I am not prepping Twitter for a sale…there really is no distinction between the way Ev [Williams] and I think about the company. We both want Twitter to be a successful independent company. We’ve both done that selling a start-up thing to big companies like Google, and don’t want to do it with Twitter…[Williams sold Blogger to Google in 2000]. Both Ev and I are Twitter board directors and Ev remains Twitter’s largest shareholder.”
7:29 pm on Oct 6, 2010 (gmt 0)
Deny Deny Deny, then cash in, LOL. For the right price he would sell in an instant.
7:59 pm on Oct 6, 2010 (gmt 0)
doesn't it have to be worth something in order to sell it?
oh yea, dot com bubble.
8:29 pm on Oct 6, 2010 (gmt 0)
Yep, @Strapworks. I think many senators and representatives have denied they were for sale, too.
Though as @J_Rad says, one may wonder whether they had anything worth selling.
10:05 pm on Oct 6, 2010 (gmt 0)
If he wanted to sell it, he would not say he wanted to sell it, otherwise the price of the sale would drop. Besides, any company would sell for the right price.
Why do they even write these dumb articles?
12:49 am on Oct 7, 2010 (gmt 0)
What's that saying, never believe anything until it's officially denied?
3:15 pm on Oct 7, 2010 (gmt 0)
Sell it while the price is high and build a copy when the new owners can't keep up with the loan payments they created for themselves.
Life is about cashing in, it has to be done before you're cashed out.