Jack Dorsey On Elon Musk's Twitter Takeover: "He Should Have Walked Away"

Jack Dorsey says that Elon Musk should've walked away from the deal to purchase Twitter, last year. The co-founder and former CEO of the social media site discussed Musk's job running Twitter while replying to a user on his new platform, Bluesky.

“No. Nor do I think he acted right after realizing his timing was bad,” Dorsey wrote in response, as noted by Insider. “Nor do I think the board should have forced the sale. It all went south.”

Dorsey added: “If Elon or anyone wanted to buy the company, all they had to do was name a price that the board felt was better than what the company could do independently. This is true for every public company. Was I optimistic? Yes. Did I have final say? No. I think he should have walked away and paid the $1b.”

The new comments go against Dorsey's original opinion on Musk's acquisition from last year. At the time, he argued that Musk is the "singular solution" to furthering the success of Twitter. “In principle, I don’t believe anyone should own or run Twitter. It wants to be a public good at a protocol level, not a company,” Dorsey wrote back then. “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.”

In his time since taking over Twitter, Musk has been the center of numerous controversies regarding decisions made for the platform. Most recently, he stripped verification from almost all accounts and replaced the blue check mark as a feature for users who purchase Twitter Blue. This has led to confusion as to which accounts for public figures are legitimate. Musk later gifted many celebrities Twitter Blue who previously refused to participate in the service.

[Via]