While the article doesn't mention whether he's selling his shares as a part of the exit from the board, wouldn't this be just the best time to sell his shares without significantly underming other investors? Charitably, when you are the largest individual shareholder you're kind of stuck, and this is a great time to extricate himself from risking the stock tanking everytime he needs liquidity as leverage for something else.
Not to diminish the other shenanigans afoot in this whole transition, but Dorsey leaving the board seems like the least suspicious of everything else flying around. Having founders around at this late stage is also disruptive to any new regime. It's like a royal family whose existence acts as a percieved limit on the absolute sovereignty of a government, since if there's a slim chance to appeal to them, people will act like they can at critical moments. Twitter is a thing, it's not a person or a community, and his exit hopefully will let people look at the business more objectively.
At CEO/founder level I'd imagine one could only attend so many board meetings. Consider how many boards he is a part of, it would be hard to attend each and every one, especially for public companies.
No surprise there - he has been trying to distance himself for some time. Not surprising they agreed to sell so fast. Now it will Musk's headache (seriously doubt the deal will go through). Musk's twitter obsession is ruining his reputation. Owning this turd will likely accelerate that.
Everyone has their own ideas of what would save twitter or make it stop sucking.
For me:
* Let me opt out of all recommendations. I only want to see tweets of people I follow or tags I follow. Nothing else. I'll find more people to follow via the people I follow. Do not post random popular news, people, related stuff in my feed, period.
* Let me choose the types of tweets I see. Personally I want to see zero of (@person liked, @person replied to, ...)
* Remove the 280 character limit (but possibly only show the first N characters in the feed). I don't personally believe the 280 character limit is important to twitter's success. Twitter's difference from most other places is that people are talking from their account, in public. It's one giant flat public forum. It is not FB (friends and family) and it is not Reddit (moderated sub forums). That alone is it's strength. All the 280 character thing does is amplify hyperbole as there is on room for nuance.
I'm sure Musk has his own ideas (no censorship?) but as for me, I won't personally use twitter without the changes above. I have an account, I check about once a month or less. I see lots of the stuff above and quit. It's like having a pushy salesperson following you around and constantly recommending stuff. Rather than more sales I'd just leave for another store.
People shit on Musk, but that only makes the potential for massive gains to his reputation even greater if he actually is able to turn Twitter around and make it into a respectable social network again. People like you, will eat crow.
Kind of crazy how fast this guys' reputation has been cleaned up despite being the main cause for the mess that twitter has been up until when paraga took over only a few months ago.
Maybe he can do for Bitcoin what he did for the Public Square - turn it into a bunch of loud mouthed anonymous trolls that shutdown anyone that disagree with them. Wait Bitcoin already is that.
Do founders ever feel regret when they walk away from what they became known for? If you still have drive after you leave, I imagine there is a lot of pressure to reproduce your first success.
EDIT>>Removing reference to Dorsey only having one major success.
One example is Pavel Durov. He created VK, which became the most popular social network in Russia. It was taken over by government-aligned oligarchs. Pavel left Russia and started Telegram which became even more successful.
When you leave something you have put so much effort in, and the future doesn't look good then you feel regret. When the future looks good you are usually proud.
But no, you don't feel pressure to build it again. Because first this is a lot of work and second it is not even likely that you will succeed again at it. Especially in b2c
[+] [-] motohagiography|3 years ago|reply
Not to diminish the other shenanigans afoot in this whole transition, but Dorsey leaving the board seems like the least suspicious of everything else flying around. Having founders around at this late stage is also disruptive to any new regime. It's like a royal family whose existence acts as a percieved limit on the absolute sovereignty of a government, since if there's a slim chance to appeal to them, people will act like they can at critical moments. Twitter is a thing, it's not a person or a community, and his exit hopefully will let people look at the business more objectively.
[+] [-] r721|3 years ago|reply
>Twitter CEO Jack Dorsey first announced the Bluesky initiative in 2019 on Twitter.
https://en.wikipedia.org/wiki/Bluesky_(protocol)
[+] [-] mise_en_place|3 years ago|reply
[+] [-] unknown|3 years ago|reply
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[+] [-] strangattractor|3 years ago|reply
[+] [-] gernb|3 years ago|reply
For me:
* Let me opt out of all recommendations. I only want to see tweets of people I follow or tags I follow. Nothing else. I'll find more people to follow via the people I follow. Do not post random popular news, people, related stuff in my feed, period.
* Let me choose the types of tweets I see. Personally I want to see zero of (@person liked, @person replied to, ...)
* Remove the 280 character limit (but possibly only show the first N characters in the feed). I don't personally believe the 280 character limit is important to twitter's success. Twitter's difference from most other places is that people are talking from their account, in public. It's one giant flat public forum. It is not FB (friends and family) and it is not Reddit (moderated sub forums). That alone is it's strength. All the 280 character thing does is amplify hyperbole as there is on room for nuance.
I'm sure Musk has his own ideas (no censorship?) but as for me, I won't personally use twitter without the changes above. I have an account, I check about once a month or less. I see lots of the stuff above and quit. It's like having a pushy salesperson following you around and constantly recommending stuff. Rather than more sales I'd just leave for another store.
[+] [-] 2muchcoffeeman|3 years ago|reply
[+] [-] vkou|3 years ago|reply
[+] [-] HWR_14|3 years ago|reply
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[+] [-] strangattractor|3 years ago|reply
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[+] [-] strangattractor|3 years ago|reply
[+] [-] boomskats|3 years ago|reply
[+] [-] daenz|3 years ago|reply
Do founders ever feel regret when they walk away from what they became known for? If you still have drive after you leave, I imagine there is a lot of pressure to reproduce your first success.
EDIT>>Removing reference to Dorsey only having one major success.
[+] [-] eterevsky|3 years ago|reply
[+] [-] radicaldreamer|3 years ago|reply
[+] [-] polote|3 years ago|reply
But no, you don't feel pressure to build it again. Because first this is a lot of work and second it is not even likely that you will succeed again at it. Especially in b2c
[+] [-] bobsmooth|3 years ago|reply
[+] [-] pbreit|3 years ago|reply
[+] [-] pfisherman|3 years ago|reply
[+] [-] hunterb123|3 years ago|reply
If you're making a SV reference, Jack Barker (Action Jack) is largely based on Jack Welch (Neutron Jack)
[+] [-] bluejekyll|3 years ago|reply
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