Newly launched texts between Elon Musk and Jack Dorsey present how the Twitter founder had pushed since no less than final yr for the mogul to hitch the location’s board.
Dorsey appeared to say that he had urged Musk to hitch Twitter’s board when the location was battling with activist investor Elliott Administration, which began trying to oust Dorsey as Twitter CEO in 2020.
“Again once we had the activist are available in, I attempted my hardest to get you on our board, and our board stated no,” Dorsey wrote to Musk on March 26, 2022, in accordance with texts revealed in court docket filings on Thursday.
“That’s in regards to the time I made a decision I wanted to work to depart, as exhausting because it was for me,” added Dorsey, who resigned as Twitter CEO final November.
Explaining the board’s determination to not herald Musk, Dorsey wrote: “I feel the principle motive is the board is simply tremendous threat averse and noticed including you as extra threat, which I assumed was fully silly and backwards.”
Throughout the two billionaires’ back-and-forth, Dorsey additionally advised Musk that “a brand new platform is required” past Twitter.
“It might’t be an organization. That’s why I left,” Dorsey stated, including that he believed the answer was an “open supply protocol” that’s not reliant on promoting income.”
Musk later responded that he thought “it’s price each attempting to maneuver Twitter in a greater course and doing one thing that’s decentralized,” in accordance with the court docket submitting.
Musk would go on to announce a deal to take over Twitter for $44 billion in April, then backed out of the agreement in July.
The texts between Musk and Dorsey got here to mild as a part of Twitter’s lawsuit in opposition to Musk in Delaware. Twitter is searching for to pressure Musk to undergo with the deal in a trial set to kick off Oct. 17.
Different texts revealed as a part of the authorized battle reveal that Matthias Döpfner — the billionaire proprietor Axel Springer, which Politico and Insider — personally provided to “run” Twitter for Musk.
“Why don’t you purchase Twitter?” Döpfner texted Musk on March 30. “We run it for you. And set up a real platform of free speech. Can be an actual contribution to democracy.”
“Attention-grabbing thought,” Musk responded.
“I’m critical. It’s doable. Will likely be enjoyable,” Döpfner stated.