Anthony Noto is leaving his post as COO of Twitter to become the CEO of financial technology company, SoFi. BTIG's Managing Director and Analyst Rich Greenfield, and Cheddar Senior Reporter Alex Heath discuss what this means for the future of Twitter.
"What people are missing with the stock drop today is that Noto has really set the company up for the next couple of years," says Greenfield. "He's done a lot of legwork over the last 18 months that really positions Twitter."
Twitter co-founder and CEO Jack Dorsey tweeted on Tuesday, "I'm really sad to see @anthonynoto leave us, but I'm happy for him and really proud of everything he's accomplished at Twitter."