Twitter creator and former CEO, Jack Dorsey, hasn’t been America’s favorite person, nor should he be. He is one of the architects of Twitter’s hard-left, speech-silencing ways, after all. What many might consider an odd turn of events is that Dorsey appears to have finally found his voice on the Twitter problems.
Recently, Twitter pulled out a nuclear option called a “poison pill” that would flood the market with new shares of Twitter should any one person acquire more than 15 percent of the company, effectively making the current stocks worth far less and stopping a hostile takeover from happening. To stop Elon Musk, Tesla/SpaceX CEO and multibillionaire, from purchasing Twitter to make it more free-speech platform, this was done.
The attacks on Twitter’s board began, with many people pointing out that Twitter’s board doesn’t even seem to actually care about Twitter or take part in the platform themselves. The overall theme seems to be that people who aren’t even a part of the Twitter community are rigging the game.
Jack appears to be among them.
In response to someone pointing out that Twitter’s board is one “mired in plots and coups” since the beginning. Jack confirmed this.
“It’s consistently been the dysfunction of the company,” he responded.
it’s consistently been the dysfunction of the company
— jack⚡️ (@jack) April 17, 2022
When asked if he was allowed to say these things as a sitting member of Twitter’s board, Dorsey didn’t mince words.
“No,” he responded.
No
— jack⚡️ (@jack) April 17, 2022
By the way Dorsey has been acting, it would appear that he’s all for Musk purchasing Twitter and taking the company private, eliminating the board completely, and running Twitter in the way it should be. While it’s highly unlikely Dorsey would fully endorse the free speech-centric site that Musk is after, Dorsey’s dislike of Twitter’s board appears to overshadow his preferences.
Given what we’re learning about the board, I wouldn’t particularly blame him. They don’t seem to love Twitter and they do not have any plans for it. Their interests seem to be elsewhere.
They definitely don’t concern themselves about what’s best for the company as they’re willing to tank Twitter’s stock price just to keep it out of the hands of a man who wants to give people the ability to say what they want without fear of being censored by ideological zealots. In effect they are acting against the stockholder’s best interests.
It seems like the board will have some difficulties in the next few weeks. Dorsey, who actually uses Twitter, likely sees this trouble coming and doesn’t want to be a part of it.
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