The hedge fund that wants to get rid of Jack Dorsey as CEO of Twitter should look at the data about what happens to tech companies when their founders are replaced by the sort of people hedge funds choose to run companies.
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My bet is they see how much money can be made on political ads and figure that's a quick way to a billion plus more in revenue
Thanks. Twitter will use this to make your timeline better. UndoUndo
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The latter, if true, sounds like it would be a pretty blatant violation of the fund manager's fiduciary duty to investors.
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Depends on the long term effect that move may have on his other holdings.
End of conversation
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