On Friday, former Twitter CEO and founder of the platform, Jack Dorsey, said that current owner Elon Musk was not the best leader for the social media giant while addressing users of the new Bluesky Social, a Twitter alternative that Dorsey is backing.
"No," Doresy answered after being asked if Musk was the best leader for Twitter, according to Bloomberg. "Nor do I think he acted right after realizing his timing (of the purchase) was bad. Nor do I think the board should have forced the sale. It all went south."
In April 2022, reports emerged that Musk had become one of platform's largest shareholders with 9.2 percent of a stake, prompting rumors that Musk was positioning for a hostile takeover. On April 14, 2022, Musk made an offer to purchase Twitter and after weeks of negotiation, Musk offered $54.20 per share, which amounted to a $44 billion bid.
On April 25, 2022, Dorsey said, "Elon is the singular solution I trust," concerning Twitter's future.
"I trust his mission to extend the light of consciousness," Dorsey added in his 2022 statement.
The board approved the sale in June but after the approval, Musk sought to end the acquisition over concerns regarding the number of bots on the platform. After a legal battle between the two, a Delaware Court of Chancery gave Musk until October 28 to close the deal and Musk announced that he would go through with the offer.
After he took over Musk began cutting staff and extraneous spending to make Twitter profitable and introduced a "blue check" system that charged users who opted in $8 a month for verification.
Doresey said, "Payment as proof of human is a trap and I’m not aligned with that at all. The payment systems being used for that proof exclude millions if not billions of people."
Fox News reports that many notable users and agencies have kept blue check marks and government officials and agencies have been given gray checks.
In November 2022 Dorsey said, "Folks at Twitter past and present are strong and resilient. They will always find a way no matter how difficult the moment. I realize many are angry with me. I own the responsibility for why everyone is in this situation: I grew the company size too quickly. I apologize for that."
Dorsey said to the Bluesky users that Twitter would never have survived as a public company.
On December 8, Bari Weiss published Round 2 of the Twitter files which showed previous Twitter leadership built blacklists and participated in shadow banning for years under the watch of former Twitter lead counsel Vijaya Gadde.
Gadde and other Twitter executives, including founder Dorsey, lied about shadow banning for years.
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