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Twitter Co-founder Shares Regret He Has About the Company

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Twitter Co-founder Shares Regret He Has About the Company

by Savannah Rychcik
August 26, 2022
in News
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Twitter Co-founder Shares Regret He Has About the Company

(OLIVIER DOULIERY/AFP via Getty Images)

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Twitter co-founder and former CEO Jack Dorsey responded to a question from a user about whether the company turned out the way he wanted.

The user tweeted on Thursday, “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.”

Dorsey responded, “The biggest issue and my biggest regret is that it became a company.”

The biggest issue and my biggest regret is that it became a company.

— jack (@jack) August 25, 2022

Another user asked Dorsey, “In what form did you wish Twitter to become?”

The tweet continues, “I thought about this sometimes. But if Twitter was funded/run by state, it might give the state more leverage to exert control If Twitter was a NGO, how would Twitter’s scale today be financially feasible.”

Dorsey explained, “A protocol. Def can’t be owned by a state, or company. Becomes clearer every day.”

A protocol. Def can’t be owned by a state, or company. Becomes clearer every day.

— jack (@jack) August 25, 2022

When asked if it is too late, Dorsey replied, “Nope!”

nope!

— jack (@jack) August 25, 2022

In November 2021, Dorsey stepped down from Twitter as the company’s CEO.

“I’ve decided to leave Twitter because I believe the company is ready to move on from its founders,” Dorsey said in a statement at the time.

He was replaced by Twitter’s chief technology officer, Parag Agrawal.

“My trust in Parag as Twitter’s CEO is deep. His work over the past 10 years has been transformational. I’m deeply grateful for his skill, heart, and soul. It’s his time to lead,” Dorsey added.

The company continues to make headlines amid its drama with billionaire Elon Musk.

On Thursday, The Washington Post reported that a judge ruled that Twitter should give Musk more information on bot and spam accounts.

The Post noted Musk has been seeking to exit a deal with the social media giant since terminating his agreement last month to purchase the company for $44 billion.

Shortly after terminating his agreement, Twitter filed a lawsuit.

Tags: Jack DorseyTwitterU.S. News
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Savannah Rychcik

Savannah Rychcik

IJR, Writer

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