Chris Sacca, Early Twitter Investor, Wants The Company To Sell Itself | Investment News | Trusted Insight

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The "Shark Tank" star told Bloomberg TV's Emily Chang on Tuesday that he is "disappointed" with CEO Jack Dorsey and has sold many of his shares.

"It's just an incredible story of underachievement — of potential that was never realized," he said. "I'd be really excited for someone with some product vision to go in there and take some chances."

Sacca has been especially vocal about his hopes and fears for Twitter for over the past year and a half. In June 2015 he published a lengthy, scathing critique of the company in which he said Twitter had "failed to tell its own story to investors and users" and was consequently "suffering through a seemingly endless negative press cycle."

After Twitter CEO Dick Costolo was ousted last summer, Sacca publicly called for Dorsey, one of Twitter's cofounders and the interim CEO, to be appointed permanent CEO.

"Ask anyone who works at Twitter and they ... Full investment news article is here.


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