Dick Costolo: Read more: Twitter CEO Dick Costolo resigns They’re looking for the next Facebook – but up to now, it not been clear that Twitter will take that mantle, according to The Independent. The pressure is on for Twitter to build products that will snag more sign-ups. Ever since Twitter went public in November 2013, investors want reassurance that Twitter can grow its $23.5 billion market cap. Twitter has 300 million monthly active users – around the same number as Instagram, but both are dwarfed by Facebook, which has 1.4 billion active users. Investors also want users that are engaged. It still has more active users than Google+, Instagram and Linked In – but only just.
(news.financializer.com). As
reported in the news.
Tagged under Dick Costolo, topics.