Despite becoming the first person to hit 1 million followers on Twitter, actor and tech investor Ashton Kutcher isn't investing in the social media giant.
Although, he says, in Twitter's early days, "I most definitely wanted to invest, I just didn't have an opportunity to do so," he told CNBC's "Closing Bell" Monday.
Now the company has changed, he said.
"I think what's happened over time is the platform went from being a one-to-one, one-to-many, one-to-few communication platform and sort of turned into more of a media platform that was like a headline dictator or just a place where people are sort of pushing whatever product they're trying to sell," Kutcher said.
He also noted that there has been a lot of corporate turnover in the last several years, and that it takes time for a large company to roll out new products.
"I think [CEO Jack Dorsey] is up against it a little bit," Kutcher said.