The founder of Twitter sorry it was sold social network to Elon Musk. “Everything went to waste,” said the technological entrepreneur jack dorseyin which they are his first open criticisms of the tycoon since he took control of the platform in November after acquiring it for 44,000 million dollars (about 41,000 million euros).
In a series of messages posted on Friday, Dorsey confessed that he believed the world’s second-richest man had “done the wrong thing” and that forcing the sale of Twitter was a mistake. mistake. Asked if Musk had been the best possible leader for the company, his former director limited himself to answering “no.”
“I don’t think he did the right thing after realizing that his timing was bad. I don’t think the council should have forced the sale. Everything went wrong,” Dorsey explained in a message shared on Blueskythe decentralized platform that he himself has promoted and that seeks to position itself as an alternative to Twitter.
Dorsey’s words reflect growing concern about the direction of the influential bird social network. And it is that in just under half a year he has gone from being one of Musk’s main allies to publicly regretting his choice. “Elon is the only solution I trust”, Dorsey said in April. “I am confident in your mission to spread the light of consciousness.” The tone has changed radically.
Twitter problems
Twitter has changed a lot since Musk took control. pressured by lack of income of the company and for the debt contracted in the purchase operation, the billionaire laid off 80% of the workforce, has opted to promote the platform’s subscription plan, enabling the possibility of buying the blue verification pin and harming the experience of those users who have opted for not to pay.
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“(Twitter) was headed for bankruptcy. So I had to take drastic action. There was no other choice,” he explained in his appearance on HBO’s ‘Real Time With Bill Maher’ on Friday. Those changes, however, are not having much success.
To make matters worse, they have also caused great discomfort among users, who are looking for alternative spaces to which to migrate. The confusion generated by the changes in the labeling of the profiles and the problems of disinformation arising from the elimination of content moderation has scared away a large part of the main advertisers. Musk estimates that Twitter is now worth less than half the price it paid in November.