This won’t take a hundred and forty characters: ev Williams is commerce a bunch of his Twitter stock.
The Twitter co-founder and member aforesaid during a post Thursday that he’d filed work with the Securities and Exchange Commission to sell shares on an everyday schedule. The arrange took impact Mon.
Williams indicated he was commerce the shares thus he might invest in different firms.
“Here’s the short story: i prefer to speculate plenty in things I care concerning,” he wrote. “For example, i am the most important record at Obvious Ventures, that is currently on its second fund and has invested with in over thirty five world-positive firms.”
Obvious Ventures may be a capital firm Williams co-founded.
The commerce of Twitter shares comes amid broad skepticism over the company’s future. Twitter reportedly tried and did not sell itself last Gregorian calendar month, and a few outstanding investors have sold-out shares.
In late commercialism Thursday, Twitter shares were off nearly 1.5 % at $14.32. They reached a high of $73.31 in late Dec 2013.
Twitter did not reply to a call for participation for comment.