Dorsey resigned from Twitter in November 2021, after months of tension with some of the big investors. Photo: AFP
the founder of TwitterJack Dorsey, publicly supported Elon Musk for buying the social network, by ensuring the descent of the richest man in the world “The only way” for the future of the company, which now follows “the right way”.
”Elon aims to create a platform that ‘highly trusted and broadly inclusive’ this is right, ”Dorsey said in a thread posted on his personal account on the platform.
Dorsey, who resigned from his position as Twitter CEO in November 2021 after months of tension with some of the big investors, also shared a Radiohead song titled “Everything is in the right place”indicating his position regarding the operation.
The North American businessman took the opportunity to highlight what he believes is the social network’s greatest virtue: “This is the closest thing we have to a global consciousness. “.
Jack Dorsey’s message thread. Photo: Twitter
On the other hand, Dorsey expressed his commitment to keep the “idea and service” of the social network, making sure it was his main concern. “This is all that matters to me and I will do everything to protect the two of us,” he added.
And he said: “Twitter as a company has always been my only problem and my biggest regret. It’s owned by Wall Street and the advertising model. Give him back Wall Street is the right first step”, He assured.
Dorsey, however, insisted he was considering that “no one should own or operate twitter”but should be “a public good at the protocol level, not a company”.
“To solve the problem of being a company, Elon is the only solution I trust,” he said in this message thread, and said he believes the current owner of the social network has “mission to spread the light of consciousness”.
“(Selling Musk) is the right way … I believe it with all my heart“, hill.
How much will Jack Dorsey earn from selling Twitter to Elon Musk?
Dorsey created the platform in 2006 and still owns 2% of the shares. Photo: AFP
Dorsey created the platform in 2006 with his partners Noah Glass, Biz Stone and Evan Williams, with the idea that it would be a communication tool between friends and acquaintances, but over the years, it has become a topical forum characterized on the ease of information.
Millionaire since 2013 Following Twitter’s IPO, Dorsey still owns nearly 2% of the company subject to Musk’s bid.
If the deal closes on numbers that happened in the last hours, the founder will pocket approximately 860 million for his participation in the company.
The landing of Elon Musk on Twitter. Photo: Reuters
The mysterious executive, known for his bohemian lifestyle and his advocacy of cryptocurrencies, he was removed from the position of top responsibility at the request of the board of directors in 2008 for dividing his time between too much activity, and he did not regain command until 2015.
Ever since he returned to the head of the company in October of that year, the businessman has been criticized for not departing from the command of another of his companies, the digital payment company Squareto focus only on microblogging social networks.
Dorsey was fired in 2020 when Twitter shareholder Elliott Management tried to replace him as CEO. The founder of Elliott Management and billionaire investor, Paul Singerwondered if Dorsey should run the two public companies and asked him to step down as chief executive of one of them, before a deal was reached.
These tensions resulted in his resignation as CEO in November 2021. His replacement is the former CTO (Chief Technology Officer) Parag Agrawalperson you trust.
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Source: Clarin
