Former CEO and founder of Twitter, Jack Dorsey, has reacted to the recent sale of the company to billionaire businessman, Elon Musk.
Dorsey in a series of tweets said that Twitter as a company has been his biggest regret and expressed how much he loves the app and the service it provides.
He however noted that the company has been the only issue he had.
“I love Twitter. Twitter is the closest thing we have to a global consciousness. The idea and service is all that matters to me, and I will do whatever it takes to protect both.
“Twitter as a company has always been my sole issue and my biggest regret. It has been owned by Wall Street and the ad model. Taking it back from Wall Street is the correct first step,” he said.
Before Musk purchased Twitter, Dorsey, who owned about 2.2% added he trusted Musk even though he doesn’t think any one person should own and run Twitter.
“In principle, I don’t believe anyone should own or run Twitter. It wants to be a public good at a protocol level, not a company. Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.
“Elon’s goal of creating a platform that is “maximally trusted and broadly inclusive” is the right one.
“This is also @paraga’s goal, and why I chose him. Thank you both for getting the company out of an impossible situation. This is the right path…I believe it with all my heart.
“I’m so happy Twitter will continue to serve the public conversation. Around the world, and into the stars!” Dorsey concluded.
Dorsey’s 2.2% adds up to about 18,042,428 shares which means that when the deal closes, he would receive more than $970 million.