Cathie Wood Says Twitter’s Advertising Model May Not Be Right

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“Maybe the model isn’t right around advertising, maybe it is subscription,” Wood said, according to a transcript. “I don’t know what is exactly in his mind, but the one thing for sure is in his mind is it should not include censorship. And I think he feels very strongly about that.”
“We had been cutting back on Twitter after Jack Dorsey handed over the reins,” she said of Twitter’s co-founder who stepped down as chief executive officer in November. “We know that there is now going to be a lot of management distraction, maybe board distraction, with or without Elon.”