”s a very bad thing
There is something very unsettling about this market. Perhaps there is no better example than the news of Twitter appointing a new CFO today. Twitter is up over 4% at the time of writing on their appointment of Goldman Sach’s reknown technology banker, Anthony Noto. Is that a good thing, really? When a $20 billion company that just went public announces a new CFO, that is never a sign of outstanding current financial performance. Just the opposite actually. You don’t need a new CFO if the business is unfolding as planned or even tolerably well. Instead you make this gut wrenching … Read more