“It was a disaster.” Known for having co -founded Twitter, who has now become X, Jack Dorsy did not hesitate to address Elon Musk’s acquisition of his social network he had left in 2021.
Who is today a billionaire and who co -founded another social network, Bluesky (to leave it better, again, in 2024), explains in the social revolution podcast that the Twitter situation was “insoluble” at that time. The platform did not earn enough money, saw its number of stagnant users and was vampiring their income from other giants such as Google and Facebook.
“It was a disaster for all”
When Elon Musk, therefore, decides to seize Twitter, Jack Dorsy first sees this movement with a good eye: “I thought it was good that Twitter becomes a non -quoted company, and that it was not the result of an investment business. It was due to a technology enthusiast, which was going to use it in the best way, because he thought like Twitter.”
The businessman repeated quickly, since after the arrival of Elon Musk at Twitter’s head, a good part of the employees leave the company or are fired, and the founder of Spacex and Tesla radically changed the social network, placing conspiracy online or odious accounts. “The sale was a disaster and a disaster for all,” laments Jack Dorsy.
Especially since Elon Musk grabs the platform, it is forced. In 2022, he had first promised to buy Twitter before returning, returning to his decision, limited by judicial pressure. Then it will cost you $ 44 billion.
For him, the acquisition was a good idea, but the way to get there was a “disaster.”
However, despite the environmental chaos, he maintained his actions in what has become X for several years, and even sat on the company’s board of directors until 2024. Today he is very active in the cryptocurrency, thus seeking to “free people from the limitations” of the classic financial system.
Source: BFM TV
