Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

Investor Chris Sacca Is Ready to Show Twitter Some Tough Love

Chris Sacca may “bleed aqua,” but he’s about to make Twitter’s CEO sweat bullets.

Twitter

Big-time Twitter investor Chris Sacca has a few suggestions for how the struggling company can turn things around — and it doesn’t sound like he’ll be pulling any punches.

Sacca, who founded Lowercase Capital and owned the largest outside position in Twitter when the company went public in 2013, penned a blog post Thursday that first gushed about his love for the company, and then ended with a warning that he’s about to start making a few suggestions for the team.

“I write all this because I am soon going to post a few things that I personally hope the Twitter team will accomplish,” he wrote, noting how a recent conversation with CNBC’s Jim Cramer, a well-known Twitter critic, changed his mind. “I want to make clear that my feedback comes from a place of loyalty and persistent gratitude. I love Twitter.”

There’s no denying that Twitter management, especially CEO Dick Costolo, is on the hot seat. Twitter’s board has been supportive of the CEO publicly, but this post is a clear sign that Sacca, an influential and usually staunch supporter of the company, is concerned with where Twitter’s headed. He’s often vocal about Twitter, but almost always as its public defender. He even ended the post by saying “I bleed aqua.”

The blog included some lofty growth goals for the company, which has had difficulty growing its user base.

“I believe without reservation that Twitter can soon evolve to be used by over 500 million people a month,” he wrote. “I believe there is no natural ceiling on the revenue Twitter can generate. I also believe that Twitter’s reach can become more pervasive and its impact on the world more meaningful.”

This article originally appeared on Recode.net.

More in Technology

Politics
The Supreme Court will decide when the police can use your phone to track youThe Supreme Court will decide when the police can use your phone to track you
Politics

Chatrie v. United States asks what limits the Constitution places on the surveillance state in an age of cellphones.

By Ian Millhiser
Future Perfect
The simple question that could change your careerThe simple question that could change your career
Future Perfect

Making a difference in the world doesn’t require changing your job.

By Bryan Walsh
Technology
The case for AI realismThe case for AI realism
Technology

AI isn’t going to be the end of the world — no matter what this documentary sometimes argues.

By Shayna Korol
Politics
OpenAI’s oddly socialist, wildly hypocritical new economic agendaOpenAI’s oddly socialist, wildly hypocritical new economic agenda
Politics

The AI company released a set of highly progressive policy ideas. There’s just one small problem.

By Eric Levitz
Future Perfect
Human bodies aren’t ready to travel to Mars. Space medicine can help.Human bodies aren’t ready to travel to Mars. Space medicine can help.
Future Perfect

Protecting astronauts in space — and maybe even Mars — will help transform health on Earth.

By Shayna Korol
Podcasts
The importance of space toilets, explainedThe importance of space toilets, explained
Podcast
Podcasts

Houston, we have a plumbing problem.

By Peter Balonon-Rosen and Sean Rameswaram