That was my impression too, Dorsey is spreading himself too thin, getting distracted, and not focusing sufficiently on Twitter, hence he’s made himself vulnerab

That was my impression too, Dorsey is spreading himself too thin, getting distracted, and not focusing sufficiently on Twitter, hence he’s made himself vulnerable to an activist shareholder. As for Elliott’s power, part of that is probably his soft power - ability to persuade enough other shareholders to vote Dorsey out. That means he needs to supply a compelling alternative plan to the current status quo and get enough other shareholders to vote for it. I assume he already had that to some degree before buying the shares, so Dorsey could be in for a battle here.