Jack Dorsey says his biggest regret is Twitter became a company
Twitter founder and former chief executive Jack Dorsey on Thursday said that his biggest regret is Twitter becoming a company.
Twitter founder and former chief executive Jack Dorsey on Thursday said that his biggest regret is Twitter becoming a company. Dorsey was responding to a Netizen's question about whether Twitter turned out the way he had envisioned.
“@Jack wondering what was your intent on Twitter and has it turned out the way you wanted? It feels a bit skewed leftward right now. How do we straighten it? It seems an inordinate amount of rightward-leaning Twitter users are being banned or kicked off. It can't be good for MDAU,” a netizen question.
To this, the founder of the social media platform replied: “The biggest issue and my biggest regret is that it became a company.”
On May 26, Jack Dorsey stepped down from the Twitter board of directors. Dorsey had been a director since 2007 and was most recently Twitter CEO from mid-2015 until his resignation last year. Parag Agrawal had taken over his role after the resignation. During that time, the social media company had said that Dorsey would stay on the board "until his term expires at the 2022 meeting of stockholders."
Meanwhile, Tesla CEO Elon Musk has reportedly subpoenaed Dorsey as part of an effort to back out of his USD 44 billion agreement to acquire the company Dorsey helped found.
The company has sued Musk for trying to walk away from his $44 billion offer to buy Twitter. Twitter and Musk are headed for a trial on October 17 in Delaware that will determine whether or not Twitter can force the billionaire to go through with the acquisition.