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Articles Recently Tagged: Twitter

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Twitter Co-Founder’s Former Noe Home Fetches $4.5 Million

Twitter Co-Founder’s Former Noe Home Fetches $4.5 Million

As we outlined earlier this year: Purchased by the former CEO and co-founder of Twitter for $2.4 million in early 2009, the finishes of the Owen Kennerly designed home at 313 Duncan Street were then further refined. And the upgraded Noe Valley pad was sold to an employee at... Read More »

313 Duncan Returns

313 Duncan Returns

Purchased by the former CEO and co-founder of Twitter for $2.4 million in early 2009, the finishes of the Owen Kennerly designed home at 313 Duncan Street were then further refined. And the upgraded Noe Valley pad was sold to an employee at Genetech for $3.2 million in August... Read More »

Twitter Shedding Space for 1,400 Employees

Twitter Shedding Space for 1,400 Employees

Twitter is seeking to “immediately” sublease the entire seventh floor of its Mid-Market headquarters at 1355 Market Street, along with the entire fourth, fifth and sixth floors in the adjacent One 10th Street building. The four Market Square floors total over 180,000 square feet of space and represent nearly... Read More »

LinkedIn’s Tumble Could Roil the Market in San Francisco

Back in 2014, when LinkedIn pre-leased the entire 450,000-square-foot building at 222 Second Street that’s slated to open its doors later this year with room for up to 2,500 employees, its stock was trading around $175 per share. As a plugged-in reader wrote at the time: “For tech companies... Read More »

Square Trading within Pennies of IPO Price, Twitter near All-Time Low

Square is currently trading at $9.16 per share, which is 16 cents (2 percent) above the deeply discounted price at which it went public and $3.91 (30 percent) below the $13.07 per share price at which it closed its first day of trading with underwriter support in place for... Read More »

Art Deco Warehouse near Twitter on the Market with Plans

Art Deco Warehouse near Twitter on the Market with Plans

Plans to raze the Art Deco warehouse and body shop at 255-265 10th Street and build 50 residential units over parking for 50 cars and 1,000 square feet of new retail space upon the SoMa parcel which is zoned for development up to 55-feet in height were floated nine... Read More »

Square Prices at 42 Percent Below Last Private Round

In an attempt to engineer a big post-offering pop, and avoid an infectious fizzle, Square (SQ) priced its shares, which will start trading Thursday, at $9 apiece. The $9 price is 18 percent below the low-end of the expected range and 42 percent below the $15.46 price at which... Read More »

Twitter Cutting Up To 336 Employees, Average Severance Revealed

As expected, Twitter’s Board of Directors has approved cutting up to 336 employees, or roughly 8 percent of its global workforce. It’s unclear whether this is tactical for the companies wellbeing or due to financial pressures. Other competitors like Instagram are favoured more than Twitter currently, with more opportunity... Read More »

Twitter Reportedly Planning Company-Wide Layoffs Next Week

While the number of employees to be let go has yet to be released, Twitter is reportedly planning a round of company-wide layoffs next week.  And according to Re/code, “insiders say it will likely affect most, if not all, departments” (i.e., engineering won’t be spared). Twitter had around 4,200... Read More »

A Peek At The Sky-Bridge To Connect Twitter’s Staff

A Peek At The Sky-Bridge To Connect Twitter’s Staff

While Twitter is grabbing headlines for the pending departure of CEO Dick Costolo, and Shorenstein is quietly shopping the two Mid-Market buildings in which Twitter is headquartered, we gaze upward at the first renderings for the proposed sky-bridge which would physically connect the Market Square buildings and Twitter’s staff.... Read More »