What’s interesting about this week’s stock transaction is that these shares could have once been Dorsey’s. Jack Dorsey, co-founder and chief executive of Twitter, has shown his faith in the company by purchasing 425,000 more shares for nearly $7m. The move is a sign that he believes Twitter can continue to grow despite its recent setbacks. Dorsey now owns more than 30.5 million shares in Twitter, according to the Securities and Exchange Commission.
Jack Dorsey, co-founder and chief executive of Twitter, has shown his faith in the company by purchasing 425,000 more shares for nearly $7m. The move is a sign that he believes Twitter can continue to grow despite its recent setbacks. Dorsey now owns more than 30.5 million shares in Twitter, according to the Securities and Exchange Commission.