Twitter co-founder and former CEO, Jack Dorsey, has publicly criticized the leadership of current CEO Elon Musk after the company's sale to BlueSky. In a recent statement, Dorsey said that Musk should have "walked away" from the acquisition and focused on building something new to avoid similar situations in the future.
Dorsey had previously praised Musk's vision of creating a platform that is 'maximally trusted and broadly inclusive,' but he now believes that his takeover of Twitter could have been handled differently. The multibillionaire entrepreneur has faced widespread criticism for several controversial decisions following his acquisition of Twitter, including laying off more than half of its workforce and altering content moderation strategies.
In response to these issues, Dorsey launched an alternative social media platform called Bluesky Social. Since its launch, Bluesky Social has garnered significant interest among users seeking a different experience than what they have encountered on traditional platforms like Twitter. So far, it has seen over 360,000 downloads in Apple stores with more than 1 million interested users joining its waitlist.
Dorsey also commented on how he believes that Musk should have paid the $1 billion termination fee if either party decided to back out of their initial deal last year. Furthermore, he expressed concern about payment systems being used for digital transactions worldwide which may exclude millions or even billions of people from accessing essential services online.
In a recent interview about these concerns, Dorsey stated: "I believe in creating technology solutions that empower individuals rather than marginalize them. It is important for companies like ours to prioritize inclusivity while ensuring we maintain trust with our user base."
Musk’s actions since acquiring Twitter remain under scrutiny by both industry experts and everyday users alike as debates continue regarding his influence over such an influential social media platform.
However this situation unfolds moving forward; one thing is certain - the conversation surrounding social media leadership and its impact on users has taken center stage in recent years. As more alternative platforms like Bluesky Social emerge, it remains to be seen how this will ultimately shape the future of online communication and digital interactions worldwide.