Twitter becoming a company is ‘the biggest issue and my biggest regret,’ says Jack Dorsey
Dorsey echoed statements he had made earlier this year when Elon Musk made a bid to take over
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Twitter founder and former chief Jack Dorsey says his biggest regret is that Twitter became a company.
He was replying to a user on the social media platform asking if Twitter has turned out the way he envisioned it.
“The biggest issue and my biggest regret is that it became a company,” he said in a tweet on Thursday.
The former chief of the microblogging platform added that he wished Twitter was a “protocol” that “can’t be owned by a state, or company.”
Mr Dorsey echoed statements he had made earlier this year when Tesla chief Elon Musk made a bid to take over the platform.
Pointing out that Mr Musk’s goal of developing Twitter as a “maximally trusted and broadly inclusive” platform is the “right one”, the former chief had said “Twitter as a company” was always his “sole issue” and “biggest regret”.
He had said he wanted Twitter to be a public good “at a protocol level”, and not a company.
“It has been owned by Wall Street and the ad model. Taking it back from Wall Street is the correct first step,” he said.
“Solving for the problem of it being a company, however, Elon is the singular solution I trust,” the former Twitter chief had said.
Currently, the company is in the middle of a legal struggle with the Tesla titan.
The multibillionaire backed out of his high-profile deal to buy the social media platform saying Twitter has failed to provide enough detail about the number of fake “bot” accounts on its platform.
Twitter then filed a lawsuit to force Mr Musk to carry through with the acquisition.
Earlier this week, the Tesla titan subpoenaed Mr Dorsey ahead of his $44bn legal fight.
The social media giant and Mr Musk will face off in October in the Delaware Court of Chancery.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments