Boost for Elon Musk! Jack Dorsey targets Twitter board in series of tweets

Jack Dorsey, co-founder of Twitter Inc. targeted the social media company’s board late Monday in a series of tweets as it weighs in on Elon Musk’s $43 billion takeover bid.

Jack Dorsey, co-founder of Twitter Inc. targeted the social media company’s board late Monday in a series of tweets as it weighs in on Elon Musk’s $43 billion takeover bid.

Dorsey, who is also a Twitter board member, added to the chatter on the microblogging platform last week when he said the Twitter board has “consistently been the dysfunction of the company.”

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In response to a tweet on Monday asking why he “didn’t do anything about it” when he was the CEO of Twitter, Dorsey expressed frustration at his limited ability to speak freely.

“There’s so much to say…but nothing that can be said,” Dorsey tweeted.

Dorsey’s tweets come after two weeks of turmoil at the social media company that started with Musk announcing a 9.2% stake and then making a buyout offer. On Friday, the board passed a “poison pill” to limit Musk’s ability to increase his stake in the company.

“I really wish I could break all abstraction here and answer you, but alas and woe,” Dorsey tweeted in response to another thread urging him to share his thoughts.

Tesla Inc CEO Musk has spoken out in his criticism of Twitter’s strategies and governance. He tweeted Monday that the salary of Twitter’s board members would be $0 if his bid succeeds, resulting in a saving of $3 million a year.

Other potential buyers, including private equity firm Thoma Bravo, are also reportedly considering buyout bids for Twitter.

Dorsey remains Square’s CEO and has a seat on Twitter’s board. His term will expire in May at the company’s next annual meeting.

Arun Agarwal
I am Arun Agarwal, a passionate blogger and gamer. I love to share my thoughts on games and technology through blog posts. I’m also an avid reader of books about history, philosophy, science-fiction, and other genres as well as an anime fan. I like reading books that give me new perspectives or help me think differently about the world around us.