Jack Dorsey Steps Down From Twitter's Board

Former Twitter CEO Jack Dorsey stepped down from Twitter's board of directors Wednesday. TechCrunch reports: Dorsey had already begun to distance himself from the social media platform he co-founded, leaving Twitter's chief executive role late last year to focus on Block, formerly known as Square. The plan for Dorsey to leave the board has been in place since he stepped down as CEO. At the time, the company noted that Dorsey would stay on the board "until his term expires at the 2022 meeting of stockholders."

Dorsey's exit from the board marks the end of an era, as Dorsey has been involved with the company in an official capacity since its founding. With SpaceX and Tesla billionaire Elon Musk still poised to buy Twitter, cold feet notwithstanding, the world's most prominent real-time social network is on the cusp of a lot of change.

Jack Dorsey stepped down from Twitter's board.

[mmell]

Who could blame him? Providing banking services is probably a lot easier and more profitable than social media. The rules are very clearly spelled out and absolutely unambiguous; and the clientele tend to be more considerate and thoughtful about what they're doing.

Jack Dorsey, maybe the best pirate ever

[rmdingler]

Jacked.

"Dorsey said that “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. 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.”

When we were younger, we'd have called Mr. Dorsey, and anyone who talked like him, crunchy.

I said it fifteen years ago

[Caro Cogitatus]

and I stand by my prediction. Twitter is a six-month fad.

The bigger deal

[stabiesoft]

Dorsey was scheduled to depart. I think more of a slap is "Shareholders of Twitter ( (TWTR) - Get Twitter, Inc. Report) voted against re-electing Egon Durban, an ally to Elon Musk, as a director to the board at its annual shareholder meeting on May 25." from https://www.thestreet.com/tech... [thestreet.com]. Not electing an existing board member that was on the slate again is a much bigger deal. Quite unusual.

Re:

[youngone]

I'm hoping Musk destroys Twitter and loses his shirt doing it.

In an ideal world Musk would wind up living under a bridge cleaning people's windscreens at traffic lights.

Re:

[mmell]

Twitter doesn't need Musk to destroy it - it's been losing relevance for some time now, all Musk can do is slow/hasten the inevitable. I'd hate to see him drag SpaceX down along the way.

Re:

[Motard]

What's the alternative to Twitter? I'd like to see one, but I don't see anything on the radar.

Re:

[deKernel]

Here's a thought, don't use social media like that at all because it is just a pure waste of time. How people have become so narcissistic is one of the biggest issues today. If you are looking for information on a subject, do proper research like people have done for hundreds and hundreds of year, and for the love of Pete, don't use ANY social media sites as points of facts.

Re:

[mmell]

There is no alternative to Twitter. Once it's gone, things will get better.

Or is there a point to being able to post to a weblog using SMS?

Re:

[feedayeen]

Twitter's biggest target point is 'broadcast' style social media as opposed to normal sites which are either directed at a specific group of friends/followers or cases like here where it's intended for a very narrow audience of you and some lurkers.

Broadcast style social media works well for celebrities and public service statements. But if the only people who are actually going to read your Tweet are your close acquaintances most other social media platforms do that. Public service statements would be best

Re:

[rmdingler]

The Elon will more likely be destroying your insect-diverting windscreen with his Illudium Q-36 explosive space modulator.

Re:

[youngone]

The Elon met Lindsay Wagner at a party where witty banter was shared and she was totally into him, but he did not "seal the deal" because he was tired--only because of this!

Re:The bigger deal

[stabiesoft]

From what I've heard, he may have to buy twitter at 54.20 a share. He made a bona fide unsolicited offer with no due diligence clause. The only escape clause I've heard is financing. And he has the money. So yeah, I'd love to see him forced to purchase it at 54.20 a share, and it craters like a meteor. He was probably high or something when he made the offer. He seems fixated on that 420 thing.

Re:

[account_deleted]

Comment removed based on user account deletion

Re:

[tomhath]

For all its faults, Twitter is one of the few, maybe the only, outlets where anyone can post, and everyone gets listened to.

If that was true, Musk wouldn't be buying it.

They're onto us...

[Otis B. Dilroy III]

Better git while the gittin's good
Gates, Bezos, Dorsey, who's next.

Don't be surprised...

[erp_consultant]

if Dorsey reappears after the Twitter deal is complete. Assuming of course that Musk follows through with the deal. I have a feeling that he and Musk are working together behind the scenes.

Just take this whole kerfuffle about the bot accounts. Current management says it's 5% and Musk seems convinced the count is much higher than that. He seems quite convinced he is right but how do you suppose he arrived at that? A little inside info maybe? With Dorsey off the board it puts him at arms length and gives him

Retweeted

[slazzy]

Retweeted by 2 million bot accounts and one real person.

Well I guess he doesn't a job anymore

[Rosco P. Coltrane]

Now that he's conned someone into giving him a shitload of money for that first Tweet NFT, he can retire.