According to a close source, Dorsey left Twitter in trouble.
For years, Jack Dorsey was seen as a kind of the next Steve Jobs. Now, the Twitter co-founder has earned the hatred of the people who work at that social network, among other things, for having supported Elon Musk’s purchase of it.
“Jack is hated at Twitter,” a close source told the New York Post. “They blame Jack for what happened with Elon’s takeover of the company. Parag Agrawal – the now former Twitter chief – and the board think he’s a really bad character.”
“Just look at the stock price before Elon bought it. It was about $37 and had been flat for about 10 years. The company hadn’t grown because Jack was riding around in his jet surrounded by models,” the source said. “But no one wrote about what a mess the company was because everyone idolizes Dorsey and thinks he’s the next Steve Jobs.“
“When [Dorsey] left this last time he blamed Twitter’s problems on other people – even though he was on the board and CEO!” author Nick Bilton said of Dorsey’s resignation in 2021.
Dorsey, in fact, opted to reinvest his $1 billion stake (thanks to 18 million shares) in Twitter rather than cash out.
“At one point he was the lowest person in the room at Twitter and then, because he wanted to be the highest person in the room, he was, and he ended up being CEO,” said Bilton, author of the 2014 book “Hatching Twitter: A True Story of Money, Power Friendship and Betrayal.”
“Jack is not hot-headed or hot-blooded,” said Nik Yakovenko, who worked at Twitter under Dorsey from 2015 to 2017. “He’s a calm person. A lot of bosses are not calm. He’s a little more cerebral. He’s also a lot more sincere than you’d think. He’s not that interested in money. He loves nature and the outdoors and is very into blockchain. It remains to be seen what happens with Bluesky. It’s about decentralizing social networks in the future to give users more autonomy.”
After co-founding Twitter in 2006 with Biz Stone, Evan Williams and Noah Glass, “Jack no longer talks to any of his Twitter co-founders,” said another source.
“Jack always seems to be the harbinger of things to come. His diet, biohacking, fasting: he’s always one of the first to do things. What he does will be seen as hip and cool three years down the road,” expressed another.
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