Dick Costolo resigns: Here's how Twitter reacted to the news

Twitter’s Dick Costolo announced **his resignation from the post of CEO** and has named Twitter co-founder Jack Dorsey as his replacement as interim CEO. Costolo had been Twitter’s CEO for five years and led the company through a successful stock market debut in 2013. In the mean time he also increased the employee count as well as subscribers on the micro-blogging site in addition to overseeing lots of UI changes on both the web as well as mobile platforms. While this move got a lot of love from investors, pushing Twitter’s share price up by 6 percent, the reactions on Twitter itself are mixed. Here is a selection of some good and some not so good reactions on Dick Costolo’s resignation. This is the tweet that got the ball rolling

Dick Costolo was praised by a lot of people for his tenure at Twitter as CEO has seen the company reach a $24 billion valuation.

Thank you for everything @dickc! You're a selfless leader who's built an amazing team and company #proud https://t.co/52z4TIYIUh

— jack (@jack) June 11, 2015

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Standing ovation for @dickc. Thank you. pic.twitter.com/5V6lraFuHT

— Stammy (@Stammy) June 11, 2015

As it is with every major news item, the funny people of Twitter always have a thing or two to say.

Twitter's new error screen today http://t.co/Fs5e1pDPbm

(Image via: @JoyofTech) pic.twitter.com/QA26Qt8BJP

— Matt Navarra (@MattNavarra) June 12, 2015

TWITTER CEO QUITS: Dick heads for the door, Jack's off to big chair http://t.co/8xPs6kYCHw

— The Register (@TheRegister) June 11, 2015

Twitter's CEO Dick Costolo resigns today. I'm eager to see how they'll shake things up now. Please start with an edit option on tweets.

— Lakeisha Sinclair (@lakeishasinclai) June 11, 2015

There were some criticisms as well

#Twitter boss Dick Costolo resigns. Always thought he was on borrowed time - not enough user growth, engagement or money making for Wall St

— Richard Taylor (@SuperRichMedia) June 11, 2015

Hip hop superstar Snoop Dogg has also offered to lead Twitter.

Im ready to lead @twitter !! #SnoopforCEO

— Snoop Dogg (@SnoopDogg) June 11, 2015

A parting tweet from Dick Costolo stressing on the fact that Twitter’s mission statement still remains the same.