Costolo: Twitter stock dropped on MAU misses despite beating revenue and EBITDA
Dick Costolo · Predicting the SpaceX, OpenAI, and Anthropic IPOs — With Dick Costolo · May 27, 2026 · at 5:38
Former Twitter CEO Dick Costolo explains how public equity analysts prioritized monthly active user growth over financial performance during Twitter's early public company days.
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“We could even have beat top line And EBITDA. And grown, you know, bottom line more than we said we were going to grow it. But if we missed an MAU number, the stock would be down.”
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