4 ms·

Sorta. This feels more like Jack/activist investor coming to common ground on the direction of the company and also a proper succession plan for Dorsey to walk

Sorta. This feels more like Jack/activist investor coming to common ground on the direction of the company and also a proper succession plan for Dorsey to walk away from Twitter. He only owns 2% of the company, and at this point I’d imagine his only options were to strike this truce & have control over how he exits as opposed to be outed right now with a power vacuum causing Twitter to destabilize a bit. I’d expect to see a succession plan where Jack is out within 12-18 months but getting to help pick the next CEO.

dman 7y ago
Any guesses of who they could pick? fwiw I think of all the networks Twitter seems to be the one that actually delivers tangible social utility.
- OscarTheGrinch 7y ago
  I get the feeling this coup is driven by new investors who don't realise what it is they have bought into. Cough cough Myspace.
- RandallBrown 7y ago
  That's interesting. I get real utility out of Facebook that affects the way I live my day to day life. Twitter is entertaining but if it stopped existing today, my life wouldn't really change at all.
  - dman 7y ago
    I follow Indian and US news and politics on it - once you follow key journalists, politicians, intellectuals and critics - Twitter does a pretty job of surfacing the day to day concerns that show up in the country.
sjg007 7y ago
Jack tweeting to users to ask for the next feature to implement did not inspire confidence.
- gkoberger 7y ago
  What? He used the platform to solicit feedback of the platform. How is that not a good thing?
  - sjg007 7y ago
    It suggests that he doesn't have a roadmap / vision. That kind of thing drives investors nuts. My guess is that Elliott was able to use that as leverage and it worked.
    - gkoberger 7y ago
      He's building a community, so it makes total sense for him to solicit feedback from that community, via that community. The value of Twitter _is_ the community, not the "product roadmap". He's not turning to random people on Twitter because he's out of ideas... he's trying to understand more, and build a community of people who feel invested in the future of Twitter.
      - sjg007 7y ago
        I would expect to see community oriented tools or products coming out of twitter then.

dman 7y ago

Any guesses of who they could pick? fwiw I think of all the networks Twitter seems to be the one that actually delivers tangible social utility.

OscarTheGrinch 7y ago
I get the feeling this coup is driven by new investors who don't realise what it is they have bought into. Cough cough Myspace.
RandallBrown 7y ago
That's interesting. I get real utility out of Facebook that affects the way I live my day to day life. Twitter is entertaining but if it stopped existing today, my life wouldn't really change at all.
- dman 7y ago
  I follow Indian and US news and politics on it - once you follow key journalists, politicians, intellectuals and critics - Twitter does a pretty job of surfacing the day to day concerns that show up in the country.

sjg007 7y ago

Jack tweeting to users to ask for the next feature to implement did not inspire confidence.

gkoberger 7y ago
What? He used the platform to solicit feedback of the platform. How is that not a good thing?
- sjg007 7y ago
  It suggests that he doesn't have a roadmap / vision. That kind of thing drives investors nuts. My guess is that Elliott was able to use that as leverage and it worked.
  - gkoberger 7y ago
    He's building a community, so it makes total sense for him to solicit feedback from that community, via that community. The value of Twitter _is_ the community, not the "product roadmap". He's not turning to random people on Twitter because he's out of ideas... he's trying to understand more, and build a community of people who feel invested in the future of Twitter.
    - sjg007 7y ago
      I would expect to see community oriented tools or products coming out of twitter then.