Investor Peter Thiel was actually totally right about there being a lot of pot smoking over at Twitter.
“Twitter is hard to evaluate. They have a lot of potential. It’s a horribly mismanaged company—probably a lot of pot-smoking going on there. But it’s such a solid franchise it may even work with all that,” the co-founder of PayPal and early Facebook investor told CNBC’s Squawk Box in an interview.
A Twitter investor attacked Thiel and called him a liar.
I've never met Peter but his is so nasty, silly and wrong https://t.co/Fkr8kdsveg
— Bijan Sabet (@bijan) September 17, 2014
Turns out Thiel’s right.
On page 279 of Nick Bilton’s book on the history of Twitter there’s this paragraph about a Snoop Dogg party where Twitter staff smoking a lot of weed:
A note was sent around to employees by the lawyer reminding people that they were not allowed to use drugs at work. People were asked to delete tweets. Photos were removed from the Web. The only incriminating videos left online belonged to Snoop Dogg.
Dick [Costolo, CEO of Twitter] was furious when he found out about the weed, the dancing, the partying employees. He vowed that this was the last time anything like that would happen. It was time for Twitter to grow up, he said.
Even Snoop Dogg weighed in.
— Snoop Dogg (@SnoopDogg) November 11, 2013