Stone says the company has a fiduciary responsibility to consider all bids that come its way. But, Twitter is just getting started, and it wants to become a huge company on its own.
Three months ago Twitter turned down a $4 billion offer.
It’s admirable that Twitter doesn’t just want to sell out. It’s also a little crazy.
But, Ev Williams and Dick Costolo both sold their startups to Google, so they know what it’s like to cash out. They probably want to try and build a lasting independent business.