Jack Dorsey Says Twitter Should Have Been a Protocol, Not a Company

Jack Dorsey, founder and CEO of Twitter

Jack Dorsey, the former CEO and founder of global micro blogging site Twitter has said that regrets that the social media platform became a company.

In a tweet he made using his verified handle, Dorsey said that “The biggest issue and my biggest regret is that it became a company,” Dorsey tweeted in response to a question about whether Twitter turned out the way he had envisioned.

Jack Dorsey, founder and CEO of Twitter
Jack Dorsey, founder and CEO of Twitter

Dorsey stands to receive US$978-million if the agreement for billionaire Elon Musk to buy Twitter is completed.

When asked about what structure he wished Twitter would operate under, Dorsey said that it should be “a protocol” and that Twitter should not be owned by a state or another company.

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If it were a protocol, Twitter would operate much like e-mail, which is not controlled by one centralised entity, and people using different e-mail providers are able to communicate with one another.

Twitter is embroiled in multiple struggles.

It could be recalled that Twitter sued Musk for trying to walk away from his $44-billion offer to buy Twitter. A former executive turned whistle-blower has accused Twitter of misleading federal regulators about its security measures to protect against hackers and spam accounts.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

Jack Dorsey Quits Twitter Board

Jack Dorsey, founder and CEO of Twitter

The Co-founder and former CEO of Twitter, Jack Dorsey has officially exited the Board of the social media platform. This follows a series of statements earlier in the month showing how Dorsey already started to distance himself from the social media platform, first resigning as Twitter’s chief executive role late last year to focus on Block, formerly known as Square.

Jack Dorsey, founder and CEO of Twitter
Jack Dorsey, founder and CEO of Twitter

Dorsey’s decision to exit the board has been in place since he stepped down as CEO. The company had at that time noted that Dorsey would stay on the board “until his term expires at the 2022 meeting of stockholders.”

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The exit of Dorsey, who has been involved with the company in an official capacity since its founding, marks the end of an era, as SpaceX and Tesla billionaire Elon Musk still poised to buy Twitter.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry