[HN Gopher] Jack Dorsey leaves Twitter's board of directors ___________________________________________________________________ Jack Dorsey leaves Twitter's board of directors Author : HiroProtagonist Score : 95 points Date : 2022-05-25 21:48 UTC (1 hours ago) (HTM) web link (www.axios.com) (TXT) w3m dump (www.axios.com) | daenz wrote: | >What's next: Dorsey's next move remains unclear. | | Do founders ever feel regret when they walk away from what they | became known for? If you still have drive after you leave, I | imagine there is a lot of pressure to reproduce your first | success. | | EDIT>>Removing reference to Dorsey only having one major success. | polote wrote: | When you leave something you have put so much effort in, and | the future doesn't look good then you feel regret. When the | future looks good you are usually proud. | | But no, you don't feel pressure to build it again. Because | first this is a lot of work and second it is not even likely | that you will succeed again at it. Especially in b2c | radicaldreamer wrote: | He also runs Square, which is arguably more successful | daenz wrote: | You're right! Totally forgot about Square. Though I still | maintain he is known for Twitter. | simonlc wrote: | Clearly this person didn't want to do even a simple google | search before commenting. | rufusroflpunch wrote: | I don't even think it is arguable. Square and CashApp are | significantly more profitable than Twitter, I believe. | Turing_Machine wrote: | He was on the original Blogger team, too. It was pretty | successful until Google bought it and left it to die on the | vine, as they usually do. | boeingUH60 wrote: | I think it's Evan Williams (the other Twitter co-founder) | who was on the Blogger team, not Dorsey. | [deleted] | Syonyk wrote: | Hey, they recently redid the user interface for it! | | I mean, yeah, the new interface is unusable with anything | under a Xeon workstation, and it's very mobile editing | focused, for a _blogging_ platform, and it drove me and a | variety of other people off Blogger entirely, but... they | 've not just left it alone. That would have been an | _improvement_ over what they did to it. | | My extensive thoughts on their "improvements" here: | https://www.sevarg.net/2020/10/10/end-of-blog-new-blogger- | in... | | Which is now a Jekyll based blog, hosted on my own | hardware. | pbreit wrote: | Jack's at least a 2-hit wonder. Maybe 3 if you count Block's | new direction. | Bubble_Pop_22 wrote: | Really? What do they do? And I mean practically speaking, not | aspirationally | | I also don't care about the stock price | | What is the credit rating of Block, Twitter and Square? D- ? | DD- ? | onethought wrote: | You don't care about stock price. But credit ratings are | the bastion of truth! | | Square changed the game on merchant accounts with Point of | Sale systems. | eterevsky wrote: | One example is Pavel Durov. He created VK, which became the | most popular social network in Russia. It was taken over by | government-aligned oligarchs. Pavel left Russia and started | Telegram which became even more successful. | timcavel wrote: | throwaabolt wrote: | Note that these are unconfirmed rumors as of now: | https://twitter.com/jack/status/1247616114769086465 | TameAntelope wrote: | This has literally been planned for months, if not a year. | VectorLock wrote: | Tweet deleted. | throwaabolt wrote: | Oh wow. That was fast. | ultrablack wrote: | billionaires distncing themselves from commies? | [deleted] | snarkerson wrote: | boomskats wrote: | Can't think of a better time to sell up! Smart move. | oh_sigh wrote: | What exactly does someone like Dorsey do on the board of | directors? | anonu wrote: | Weigh in on important decisions. | thaumasiotes wrote: | You'd think so, but it's been clear for a while that Dorsey | and the board have fundamentally different views of the world | and how Twitter should interact with it. His input doesn't | count. | dwg wrote: | I love the succinctness of this answer. | pfisherman wrote: | For all the love that Action Jack gets, never forget that he had | the foresight to shut down Vine. | hunterb123 wrote: | Never heard anyone refer to Dorsey as Action Jack. | | If you're making a SV reference, Jack Barker (Action Jack) is | largely based on Jack Welch (Neutron Jack) | [deleted] | bluejekyll wrote: | Is this a comment about TikTok? | rglullis wrote: | Snap before that | strangattractor wrote: | No surprise there - he has been trying to distance himself for | some time. Not surprising they agreed to sell so fast. Now it | will Musk's headache (seriously doubt the deal will go through). | Musk's twitter obsession is ruining his reputation. Owning this | turd will likely accelerate that. | 2muchcoffeeman wrote: | Ruining his reputation with whom? | [deleted] | thaumasiotes wrote: | eric_cc wrote: | throway782 wrote: | thaumasiotes wrote: | Downvoters are usually not worried about whether the | comment they're downvoting might or might not be correct. | | I've made some comments where I've been confused as to | why they got downvotes, but that wasn't one of them. | mustacheemperor wrote: | Not engaging with your claim about what is the "correct | answer" to this question asked of another user about | something they said, I assume this comment is being | downvoted because it blatantly violates the site's | community guidelines. | | > Comments should get more thoughtful and substantive, | not less, as a topic gets more divisive. | | This is an extremely sparse remark about a controversial | issue. | | > Please don't use Hacker News for political or | ideological battle. It tramples curiosity. | | Enough said. | influxmoment wrote: | Getting political and opening himself up to targeted attacks | felipellrocha wrote: | I don't think billionaires care about reputation that much | MBCook wrote: | No, but when it tanks their stock portfolios they | sometimes do. | pfisch wrote: | With the people who buy all the Teslas. | eric_cc wrote: | gkoberger wrote: | Get specific. What untrue things are the "intolerant far- | left" accusing Musk of? | dougmwne wrote: | It seems fairly clear that Musk is buying Twitter so he | can re-platform conservatives. Why else bother owning it? | Influential people on the left will say anything, true or | untrue to tank Musk's reputation. Don't get down in the | weeds of the talking points, look at who controls | political conversation in the US and who stands to | benefit if that monopoly is broken. I am on the left, but | am increasingly disturbed by the total shut-out of | conservatives from social media. | eric_cc wrote: | Well for one: They have had a monopoly over twitter | censorship and feel threatened by this disruption. | causasui wrote: | What? The far left has _never_ liked Musk. He's a | billionaire. He's the perfect representation of all they | decry. | | Unless by far-left you really mean neoliberals. | micromacrofoot wrote: | Yeah those moonbats, when will they learn that exposing | yourself to a flight attendant and offering her a horse in | exchange for sex is actually great for the economy? | eric_cc wrote: | I'm not going defend Musk the human being. Maybe he is a | total a creep? I don't know him. | | But this case you're citing here is unproven and seems | like a political hit. | croes wrote: | Seems more like a clever move by Musk. | | Business Insider contacted him before he made his | republican vote tweet. | VectorLock wrote: | Everybody holding $TSLA based on the stock price. | strangattractor wrote: | With people that thought he has done a good thing by actually | turning the EV market into something other than a VW in Ed | Begley's garage. By others who think he has found a way to | make Space and Space Exploration a reality. I am sure he must | wish Twitter had blocked his "Pedo" tweet about the divers | who saved the Thai children. | PKop wrote: | With the cathedral of the powerful that bestows prestige | within our political culture. | xwdv wrote: | People shit on Musk, but that only makes the potential for | massive gains to his reputation even greater if he actually is | able to turn Twitter around and make it into a respectable | social network again. People like you, will eat crow. | gernb wrote: | Everyone has their own ideas of what would save twitter or make | it stop sucking. | | For me: | | * Let me opt out of all recommendations. I only want to see | tweets of people I follow or tags I follow. Nothing else. I'll | find more people to follow via the people I follow. Do not post | random popular news, people, related stuff in my feed, period. | | * Let me choose the types of tweets I see. Personally I want to | see zero of (@person liked, @person replied to, ...) | | * Remove the 280 character limit (but possibly only show the | first N characters in the feed). I don't personally believe the | 280 character limit is important to twitter's success. | Twitter's difference from most other places is that people are | talking from their account, in public. It's one giant flat | public forum. It is not FB (friends and family) and it is not | Reddit (moderated sub forums). That alone is it's strength. All | the 280 character thing does is amplify hyperbole as there is | on room for nuance. | | I'm sure Musk has his own ideas (no censorship?) but as for me, | I won't personally use twitter without the changes above. I | have an account, I check about once a month or less. I see lots | of the stuff above and quit. It's like having a pushy | salesperson following you around and constantly recommending | stuff. Rather than more sales I'd just leave for another store. | stjohnswarts wrote: | I agree with all but the 280 character limit. | rtkwe wrote: | > * Let me choose the types of tweets I see. Personally I | want to see zero of (@person liked, @person replied to, ...) | | or even better make that a whitelist or blacklist option. | There are some people who retweet way too much but others I'm | perfectly happy to see them from. | guelo wrote: | > Let me opt out of all recommendations | | click the "Latest Tweets" icon at the top right of the feed. | HWR_14 wrote: | I'm curious why you doubt the deal is going to go through. | ForHackernews wrote: | It only costs him a billion to get out of it. It'll cost him | a lot more to go through with it. | sealeck wrote: | That's not how it works - he has to go through with the | deal unless one of the possible reasons he may back out for | (and pay the US$1 billion) comes into being. | bfgoodrich wrote: | strangattractor wrote: | If he says that the bots inflate the number of eyeballs | that is reason enough to pull out. He is already publicly | implying it. | klyrs wrote: | Musk's twitter account has a famously tenuous | relationship with reality. He declined to perform due | diligence, and his attempted pullout was contemporaneous | with the TSLA stock (which his loan is leveraged against) | plummeting. We'll probably see how it all plays out after | years of protracted court battles. If I was Jack, I | wouldn't want to stick around for that drama either. | sgarman wrote: | Publicly implying won't let him back out for free. He | needs to prove twitter acted in bad faith or "material | adverse effect." No such evidence has been provided. BTW | material adverse effect is an very hard standard to prove | it needs to "substantially threaten the overall earnings | potential of the target in a durationally-significant | manner." | arcticbull wrote: | He waived contingency on due diligence. He has no right | to back out on the basis of the due diligence he should | have done before he signed the contract but did not. A | court can order him to complete the purchase as committed | ('specific performance'). | strangattractor wrote: | Like reporting inflated numbers. Whatever - then he is | stuck with not being able to change anything. Or we will | see a protracted court battle. Or Twitter will take their | billion and be happy. | strangattractor wrote: | Since he has realized the risk of using Tesla stock to back | this purchase - he has acquired investors. Investors will | want returns on their investment other than "Free Speech" BS. | Some of the things he is proposing will hurt Twatter | financially like shutting down bots. It is those very same | bots that give the impression that Twitter is influential. | Hence he will either not be able to deliver his promises or | he will find some excuse not to buy. | stjohnswarts wrote: | Also his tesla stock has decreased 40% so now his initial | offer of stocks is costing him a lot more in sheer number. | I love every minute of it. | arcticbull wrote: | Also, bot detection is a quixotic quest. If it were that | easy they'd have done it by now. | strangattractor wrote: | I once worked for a non-profit no less that was trying to | use "Article Views" as a new metric to rank academic | articles. I did some simple things to filter out some | rather obvious bots. Nothing fancy. That reduced the page | views %75. Needless to say even the Non-Profit was | seduced buy the inflated numbers hoping it would attract | more authors. Followers=BullSh*T | johannes1234321 wrote: | Would they? - Bots drive engagement. | rufusroflpunch wrote: | I am very excited to see what Jack can do solely focused on | Bitcoin. ___________________________________________________________________ (page generated 2022-05-25 23:00 UTC)