Jack Dorsey , Calls Twitter's Board of Directors the, 'Dysfunction of the Company'.
On April 16, Twitter cofounder Jack Dorsey called out the social media platform's board, claiming , “it’s consistently been the dysfunction of the company.”.
On April 16, Twitter cofounder Jack Dorsey called out the social media platform's board, claiming , “it’s consistently been the dysfunction of the company.”.
The comment reportedly came in response to another user's tweet.
.
Venture capitalist Gerry Tan originally posted, "The wrong partner on your board can literally make a billion dollars in value evaporate.".
Venture capitalist Gerry Tan originally posted, "The wrong partner on your board can literally make a billion dollars in value evaporate.".
It is not the sole reason behind every startup failure, but it is the true story a surprising percentage of the time, Gerry Tan, via Twitter.
Dorsey's comment came in reply to another user's comment on the tweet.
.
If [sic] look into the history of [the] Twitter board, it’s intriguing as I was a witness onits early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members.
I wish if [sic] it could be made into a Hollywood thriller one day, Twitter user, via Yahoo.
If [sic] look into the history of [the] Twitter board, it’s intriguing as I was a witness onits early beginnings, mired in plots and coups, and particularly amongst Twitter’s founding members.
I wish if [sic] it could be made into a Hollywood thriller one day, Twitter user, via Yahoo.
In response to this, Dorsey tweeted, “It’s consistently been the dysfunction of the company.”.
In November, Dorsey stepped down as the Twitter's CEO.
According to a Twitter news release from last year, Dorsey will remain a member of the company's board, "until his term expires at the 2022 meeting of stockholders.".
According to a Twitter news release from last year, Dorsey will remain a member of the company's board, "until his term expires at the 2022 meeting of stockholders.".
The comment by Dorsey comes after Twitter announced a limited duration shareholder rights plan should they want to ward off Elon Musk's $43 billion offer to buy the company.
.
The comment by Dorsey comes after Twitter announced a limited duration shareholder rights plan should they want to ward off Elon Musk's $43 billion offer to buy the company.
.
Yahoo reports that shares in Twitter have risen roughly 15% since Musk announced his 9.2% stake in the company on April 4.
.
Yahoo reports that shares in Twitter have risen roughly 15% since Musk announced his 9.2% stake in the company on April 4.
