This is revisionist, that sequence of events was what caused him to start to play footsie with the idea of buying Twitter, the SEC saying that’s a big no-no is what made him actually make the offer to buy it and then he was forced by a court to finish the deal after a long legal battle to not buy it
Don't forget the part where Dorsey literally conned him by playing to his ego. Jack cashed out almost a billion in cash to himself even though Twitter was close to bankruptcy. It was brilliant.
What cracks me up the most is that Jack already had a Twitter clone in the works, ready to be released once Musk burns down the old plattform and people wish for Twitter but without Musk back.
Bluesky isn't exactly a twitter clone, it's what Jack wanted Twitter to pivot to, but the board of directors refused to play ball.
So Jack spun up a separate entity and explicitly made it its own thing outside of twitter.
This is revisionist, that sequence of events was what caused him to start to play footsie with the idea of buying Twitter, the SEC saying that’s a big no-no is what made him actually make the offer to buy it and then he was forced by a court to finish the deal after a long legal battle to not buy it
Don't forget the part where Dorsey literally conned him by playing to his ego. Jack cashed out almost a billion in cash to himself even though Twitter was close to bankruptcy. It was brilliant.
What cracks me up the most is that Jack already had a Twitter clone in the works, ready to be released once Musk burns down the old plattform and people wish for Twitter but without Musk back.
Bluesky isn't exactly a twitter clone, it's what Jack wanted Twitter to pivot to, but the board of directors refused to play ball.
So Jack spun up a separate entity and explicitly made it its own thing outside of twitter.
Probably not the last time this trick works on ol' blockhead.
oh man that's my new insult for blockchain pushers
Damn, what a slick move.
I missed that part. Where can I read more about this con?