Sorry, but this explanation makes no sense. $TWTR has been a public company since 2013, with investors who emphatically do care about things other than vanity metrics.
A list of the largest Twitter shareholders[1] includes Blackrock, Vanguard, Fidelity, Morgan Stanley etc. These folks really don't care about "engagement metrics", except as proxies for revenue.
This argument can hold for earlier-stage companies with investors hoping to sell at inflated valuations to a greater fool later in line, but once you've been publicly held for several years, it's quite a stretch. Whatever's hurting Twitter's ability to fix its problems, it isn't "investor pressure".
A list of the largest Twitter shareholders[1] includes Blackrock, Vanguard, Fidelity, Morgan Stanley etc. These folks really don't care about "engagement metrics", except as proxies for revenue.
This argument can hold for earlier-stage companies with investors hoping to sell at inflated valuations to a greater fool later in line, but once you've been publicly held for several years, it's quite a stretch. Whatever's hurting Twitter's ability to fix its problems, it isn't "investor pressure".
[1] http://investors.morningstar.com/ownership/shareholders-majo...