Why Twitter Investor Chris Sacca Is Changing His Stance on the Social Network

NEW YORK (TheStreet) -- Twitter (TWTR) has had its share of critics since going public in November 2013, as the micro-blogging social network has had several major stumbles.

Throughout that time, a longtime Twitter investor and one of the most influential people on the medium, Chris Sacca, has stood by the company.

Long an adviser to the company (despite not having an official role), Sacca has defended it at nearly every turn -- when CFO Anthony Noto made a private message public (known as a DM fail), when the company had an earnings leak, and when many on Wall Street were calling for CEO Dick Costolo's head.

Now, Sacca is going to be a lot more candid about the company.

In a blog post on his Web site, Sacca, who runs the venture capital firm Lowercase Capital, has come out (some might say guns blazing) announcing that he no longer is going to coddle the San Francisco-based Twitter publicly.

All thanks to TheStreet's and CNBC's Jim Cramer.

A key passage from the post:

"During all of these years, I haven't been as candid as I could be in public discussions about Twitter. I have made dozens of television appearances in support of Twitter and thousands of emails and calls with analysts, investors, reporters, potential hires, partners, you name it. I always felt like the birdie was one of my children and I needed to defend it at all costs. I never expressed any frustration or disappointment at missed opportunities or any exasperation at what wasn't happening. However, a recent Periscope I did with Jim Cramer at CNBC changed my stance on that.

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