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41 sats \ 7 replies \ @Satosora 3 May \ parent \ on: Jack Dorsey answers “Why the hell are you all spending so much time on bitcoin?” bitcoin
I just find it weird that he sold twitter, then Musk had to clean it up. I just remember a huge percentage of people being fired for being useless. You would think that he would have realized this when he owned it.
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20 sats \ 0 replies \ @Undisciplined 3 May
Agree
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41 sats \ 5 replies \ @Bell_curve 3 May
He wasn’t the owner of twitter once it went public. Even as a startup I don’t think he was the biggest shareholder.
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10 sats \ 4 replies \ @Satosora 3 May
Oh, really? I thought he was a majority shareholder, so he was able to keep his power.
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10 sats \ 3 replies \ @Bell_curve 3 May
4.7 percent and he ceded voting control of his shares to Evan Williams
https://www.forbes.com/sites/ryanmac/2013/10/04/who-owns-twitter-a-look-at-jack-dorsey-evan-williams-and-the-companys-largest-shareholders/
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10 sats \ 2 replies \ @Satosora 3 May
wow, he must really not care about twitter anymore.
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31 sats \ 1 reply \ @Bell_curve 3 May freebie
I think he was checked out years ago. He was not involved day to day. That’s no excuse because a CEO should pretend to care about the company
He had other companies too like cash app and square. After twitter went public he focused more energy on other ventures.
Maybe he was under contract to remain as CEO? He definitely should have resigned and left earlier than he did.
Actually let me correct myself because I am too lazy to edit and delete. When Elon purchased Twitter, Jack was the chairman not CEO.
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10 sats \ 0 replies \ @Satosora 3 May
He was just the face of it, and he couldnt shrug that off. It happens. At least he is inspired to do something else now.
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