Charles JohnsonApr 24, 2023
Jack Dorsey enthusiastically co-signed the deal that betrayed 200 million Twitter users and handed their accounts over to a fucking right wing egomaniacal billionaire. You’ll have to excuse me if I’m not eager to sign up for another one of this dude’s schemes.
Show threadMatt MoehrApr 24, 2023

@Green_Footballs if you run a public company and someone tenders an offer at 2X your current market cap … it’s almost impossible to turn it down because of shareholder lawsuits.

Disirregardless, Dorsey is bad.

Show threadenmodo ⚛️ 🧬 🇺🇦 🍉Apr 24, 2023
@mattmoehr @Green_Footballs this is the truth. The board is legally required to put the interests of shareholders first. Ahead of the users. Ahead of society at large. It's been tested over and over in court and management knows this. They could have argued that shareholder interests were best served by not accepting the deal but very little chance of that succeeding, and from a financial perspective hindsight says it would have been wrong.
Show threadArcane Sciences
@enmodo @mattmoehr @Green_Footballs Right, but Dorsey didn't say, for instance, "as a member of the Board, I feel that this offer is one that best maximizes shareholder value." He said "Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.” At best, that shows staggeringly poor judgment of character.
Apr 24, 2023 at 2:48pmWeb
Show threadMatt MoehrApr 24, 2023

@arcanesciences @enmodo @Green_Footballs see my previous statements re “Dorsey is bad”.

I don’t understand why people can’t simultaneously believe:

a) It wasn’t Dorsey’s fault that twitter was sold to Musk.

b) Jack Dorsey is a spineless charlatan that was never, and will never be, good for the internet.

I guess a lot of people prefer to see Silicon Valley as a real-world Game of Thrones meets Succession story rather than the mundane expression of capitalism that it is.