Jack Dorsey, the co-founder and former CEO of Twitter, has been using Bluesky, a social networking app he partially funded, to express his concerns about the current state of Twitter under the leadership of Elon Musk. Dorsey blames not only Musk, but also the board for forcing the sale, and argues that Twitter had few options as a public company that would have ended well.
Responding to a question from a Bluesky user, Dorsey expressed his opinion that Musk was not the “best possible steward” for Twitter and that he did not act appropriately after realizing his timing was bad. However, Dorsey also acknowledges that Twitter’s fate was out of his control and that all he can do now is help build something to avoid similar outcomes in the future.
In addition to his thoughts on Musk, Dorsey believes that Twitter “never would’ve survived as a public company,” and that the company was destined for manipulation by activist investors and private equity firms. He also clarified his infamous tweet claiming that “Elon is the singular solution I trust,” saying that he meant specifically for the outcome of taking Twitter private.
Dorsey strongly objected to accusations that he “sold out” in selling Twitter to Musk, pointing out that public companies are subject to sale and acquisition given the right market conditions. He also refuted claims that he was avoiding blame for Twitter’s current situation, noting that he has previously apologized for his role in the company’s fate.
It remains to be seen how Twitter will fare under Musk’s leadership, but Dorsey’s candid remarks suggest that he has serious reservations about the current trajectory of the company.