The co-founder of Twitter Jack Dorsey considers that the platform should be a “public good”, but was satisfied with its sale to the billionaire businessman Elon Muskwhom he considered the “solution” to his problems.
Dorsey, who was CEO of Twitter until the end of last year and is now focused on his other tech company, Block, reacted via message thread Monday night to the news that Musk was acquiring the company for about $44 billion.
“In principle, I don’t think anyone should own or run Twitter. It wants to be a public good at the protocol level, not a company. But as far as solving the problem of being a company nonetheless, Elon is the only solution I trust,” he tweeted.
Dorsey described the social network as “the closest thing we have to a global conscience” and said he trusted Musk’s “mission” to “expand the light of conscience” and his goal of creating a platform “of maximum trust and broadly inclusive.
In that sense, he added that those objectives are shared by his successor in the executive position of TwitterParag Agrawal, for which he thanked both of them in advance for “getting the company out of an impossible situation” and pointed out that it is now on the “right path”.
The co-founder of Twitteran atypical computer programmer and businessman known for his bohemian lifestyle and his defense of cryptocurrencies, further added that what matters most to him and will protect at all costs is the “idea and service” of the social network.
“Twitter as a company it has always been my only concern and my biggest regret. It has been owned by Wall Street and the advertising model. Getting it back from Wall Street is the right first step,” she revealed, referring to Musk’s promised IPO.
Agrawal yesterday showed uncertainty about the future of the company once the purchase of the social network is completed, something that will happen sometime this year after the green light from regulators and shareholders, according to the agreement note.
For his part, Musk has presented himself as a defender of “free speech” on the platform, which he compares to the “digital town square”, and has said that he wants to make his algorithm open source and combat ” bots”, among other things.
