[HN Gopher] Jack Dorsey leaves Twitter's board of directors
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       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.
        
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       (page generated 2022-05-25 23:00 UTC)