Posted on 04/26/2022 7:46:30 AM PDT by marktwain
Jack Dorsey, the co-founder and former CEO of Twitter, threw his support behind Elon Musk’s deal to take the social media platform private, with a Twitter thread that begins with a link to Radiohead’s “Everything In Its Right Place.”
The Twitter board had unanimously approved the Tesla and SpaceX CEO’s unsolicited offer amidst polarizing reactions and a shift in content moderation policies that some users claim has already begun. As the drama unfolds, Dorsey weighed in with his opinion regarding the takeover and Twitter’s future with Musk at the helm.
“In principle, I don’t believe anyone should own or run Twitter,” Dorsey said late Monday. “It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company, however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.”
Dorsey said in the thread that Twitter has always been “my biggest regret,” and taking it back from “Wall Street” was the “correct first step” for the popular platform.
Musk said on Saturday that Twitter’s board was not acting in the interests of its shareholders and that board members would be paid nothing if he takes over. Although Dorsey said that the executive board has “consistently been the dysfunction of the company,” his recent posts suggest he has some hopes that Musk can build a working team.
“Elon’s goal of creating a platform that is ‘maximally trusted and broadly inclusive’ is the right one. This is also @paraga’s goal, and why I chose him. Thank you both for getting the company out of an impossible situation. This is the right path … I believe it with all my heart,” Dorsey posted, referring to Parag Agarwal, the current CEO
(Excerpt) Read more at theepochtimes.com ...
The Dormouse wakes up.....................
Looks to me like Dorsey wants to sell his remaining shares at a higher price than what he would have received had Musk not offered 54 bucks.
Mega payday for those two, why wouldn’t they? Now he can buy all the beard oil on Amazon.
NOT the babylon Bee? Still think Trump should be brought in to be the ‘terminator’.
No chance the CEO actually approves of Musk’s takeover, but it’s what he has to say anyway.
Anyone that makes this comment should immediately be discounted: “I trust his mission to extend the light of consciousness.” Dorsey ain’t the maharishi. :>}
Dorset just bought more stocks.
He isn’t good, and doesn’t want to be. He is rich and wants to be richer.
“And with that I now have reason NOT to trust him.”
Exactly!
Given all the deplatforming/banning/censorship over the last decade (arguably), with signs of Deep State involvement, along with the rise of a parallel economy and infrastructure, there might be an aspect to this where they're (Deep State et al) are trying to lure back those who have left/are leaving. Maybe, to paraphrase GHW Bush, trying to get people to go back to sleep with promises of a kindler, gentler fascism.
Why do you say that?
He has only been CEO a few months.
I have read Dorsey was forced out.
That says a lot about Dorsey's thoughts on capitalism. Businesses are owned and operated by people. Perhaps Twitter was never meant to be a business, but just a mechanism to control speech.
No he didn’t, Elon owns Twitter 100% now. He’s taking it private.
Take that, lefties.
Dorsey saw and had a hand in what was coming and is positioning to save his hide.
I think that’s foolish. You take Dorsey at his word?
Dorsey just wants more money.
Now we are supposed to like Jack? lol.
My only source of concern regarding Musk’s buyout: The timing is just as Trumps site is taking off. I would assume that Twitter “appearing” to end their cancelling MO would take the wind out of Trump’s site’s sails. And if it then fades, Twitter can return to its “evil ways.”
But I’ve just become such a skeptic the last 20 years...
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