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Friday, January 27, 2023
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Ex Twitter CEO Jack Dorsey Lashes Out at Company’s Disfunction

'Good boards don’t create good companies, but a bad board will kill a company every time... '

(Alex Tien, Headline USA) The founder and former CEO of Twitter, Jack Dorsey, has publicly expressed disappointment and dissatisfaction with the company’s board, the Daily Wire reported.

Dorsey’s remarks on Twitter come in the wake of the news that Tesla CEO Elon Musk is attempting to purchase the company.

The tech world has been completely rattled in the past few weeks by Musk’s involvement with Twitter. Last week, Musk, who previously purchased more than 9% of Twitter’s stock and is the company’s biggest shareholder, provided a letter to the company that contained a proposal to buy the remaining shares of Twitter. Musk offered $54.20 per share of Twitter’s stock.

Unsurprisingly, many on the Left began to become worried that if successful, Musk might allow President Trump back on Twitter. Many opponents have emerged against Musk’s attempt, including Saudi princes.

The company’s founder Jack Dorsey has not been impressed with what has happened in the aftermath of Musk’s attempt to purchase the social media platform. When asked about the board’s many coups and history of trouble, Dorsey responded on Twitter that “it’s consistently been the dysfunction of the company.”

Additionally, when responding to venture capitalist Fred Destin, who stated “What I do know for sure is that this old Silicon Valley proverb is grounded in age-old wisdom that still applies today: Good boards don’t create good companies, but a bad board will kill a company every time,” Dorsey simply said “Big facts” in a nod of approval.

Some of Twitter users were surprised that Dorsey was publicly speaking out against the board, albeit in a vague way. One user pointedly asked the founder if he should be speaking this way, asking “Are you allowed to say this?” Dorsey simply replied, “No.”

In what’s sure to be an interesting and exciting few weeks ahead for Big Tech and the future of free speech, it may be a good sign that Twitter’s most influential user, Dorsey, appears to be in support of Elon Musk’s attempt to buy the company.

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