Jack Dorsey Calls Elon Musk ‘Exceptional Solution’ for Twitter

Jack Dorsey, co-founder of Twitter and former CEO, said Elon Musk’s $44 billion purchase of the social media company is the “right way” forward.

“Basically, I don’t think anyone should own or manage Twitter,” Dorsey wrote Monday night. “He wants to be a public good at the protocol level, not a company. However, solving the problem of being a company, Elon is the only solution I trust. I trust his mission to spread the light of consciousness.”

Dorsey created a thread on Twitter. Reacting to Musk’s deal to buy Twitter and shut it down by sharing Radiohead’s “Everything’s in its Place.”

Dorsey, who now leads digital payments company Block, formerly known as Square, has pledged to help protect Twitter.

“Twitter as a company has always been my only problem and biggest regret,” he wrote. “He belonged to Wall Street and an advertising model. Getting him back from Wall Street is the right first step.”

He also thanked Musk and current Twitter CEO Parag Agrawal for “pulling the company out of a no-win situation.”

Musk and Dorsey seem to on friendly terms.

On April 5, before Musk decided not to join the Twitter board, Dorsey tweeted that he was “happy” to welcome Musk as director.

“He cares deeply about our world and Twitter’s role in it,” Dorsey wrote. “Parag and Elon both lead with their hearts and will be an incredible team.”

In February 2019, Dorsey told tech writer Kara Swisher: in an interview via tweet — that Musk was the most interesting person on Twitter at the time.

“I love how @elonmusk uses Twitter,” Dorsey said. “He is focused on solving existential problems and openly shares his thoughts. I have a lot of respect for that and all the ups and downs that come with it.”

Dorsey stepped down as Twitter CEO in November, saying he wants the company to “split away from its founding and founders.” He appointed Agrawal as his successor.

“I deeply trust him as our CEO,” Dorsey wrote at the time.

Agrawal did not mention Musk in his tweet commenting on the deal, instead he praised the Twitter staff.

“Twitter has purpose and relevance that impacts the entire world,” Agrawal wrote.

At a meeting of all Twitter employees that followed the announcement, Agrawal acknowledged a period of uncertainty.

“From now until closing… we will continue to make decisions as always, guided by the principles that we had,” Agrawal said, according to a recording of the conversation. received by CNN. “That doesn’t mean nothing will change, everything changes.”

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