If you’re a Twitter shareholder wondering if a association is about to get acquired, co-founder and CEO Jack Dorsey doesn’t wish we to get that impression.
“There’s a lot of strength to a independence,” he said, during a Goldman Sachs Technology and Internet Conference in San Francisco on Tuesday. Dorsey believes that it’s critical for Twitter’s business that they’re “not constrained.”
He also uttered joining to building a “sustainable” business and providing “return to a shareholders.” He combined that Twitter has “a lot left to infer though we’re proof it small by small each day.”
Twitter’s batch is down from a high of $69 in early 2014, though a association has had an considerable run in a past year, with shares going from $16.52 to $33.44 in a past 12 months.
During a many uneasy times, a company weighed offered to intensity buyers like Salesforce, Microsoft or Disney. Since then, investors have continued to consternation if an merger is still in a cards.
The association was recently dealt a blow when Twitter COO Anthony Noto left to join SoFi as CEO. Some have wondered how Dorsey can continue to run both Twitter and Square, though Square’s batch has also finished well, tripling in a past year.
At a conference, Dorsey spoke of his long-term prophesy for Twitter, and even downplayed a tag “social network.” He views a height as a “zeitgeist of what a universe is thinking.”
He believes that video will continue to be a large income driver. “Video is a fastest flourishing in terms of monetization,” pronounced Dorsey. He pronounced that Twitter will be investing in “self-serve technologies” to make it easier for producers to use a service.
Dorsey also hopes to enhance on a “moments” section, that allows users to see a collection of tweets around a sold topic. “There’s a lot of value in a what happened in a summation inlet of a service,” he said, adding that “we’ve hardly scratched a aspect of it with a product like ‘moments.’ ”
He also spoke of regulating appurtenance training and low training to tailor a use to individual’s preferences. “We are unwell currently since we don’t have a lot of a personalizations we need,” he said. “If they have to hunt navigation to find it, we have failed.”
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