The founder of “Twitter” supports Elon Musk’s purchase of the site, and stresses that the Musk deal is the “correct first step” that contributed to getting the company out of an “impossible situation”.
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Twitter founder Jack Dorsey.
Twitter founder Jack Dorsey supported American billionaire Elon Musk’s purchase of the sitefor $44 billion, describing Musk as “the only solution I can trust.”
Dorsey, who co-founded the company in 2006 and floated it on the New York Stock Exchange in 2013, said the company is “owned by Wall Street” and that Musk’s deal struck on Monday to make it private was the “right first step”.
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.
— jack⚡️ (@jack) April 26, 2022
“In principle I don’t think anyone should own a stake of $978 million for his 2.4% stake when the deal is completed,” said Dorsey, who resigned as Twitter’s CEO last November. Or manage Twitter.
He noted that “Musk’s goal of creating an maximally reliable and comprehensive system at scale is the right one, and so is Parag Agrawal (Twitter’s CEO) goal,” adding: “Thank you to both of you for getting the company out of an impossible situation, that’s the way to go.” the correct”.
In turn, the White House confirmed, today, Tuesday, that US President Joe Biden’s concern As a result of Musk’s purchase of the Twitter platform, as one of the most powerful and influential social media.
