The founder of Twitter founder, Jack Dorsey, has revealed why the microblogging app was sold to the world’s richest man, Elon Musk.
Musk recently reached an agreement to purchase Twitter for approximately $44 billion.
While stating the reason for selling Twitter, Jack revealed Elon Musk is the only solution to achieving the purpose of Twitter being run for the good of the public.
He said he trusts Elon’s goal of establishing a platform that is “maximally trusted and broadly inclusive”.
He tweeted: “I love Twitter. Twitter is the closest thing we have to global consciousness. The idea and service is all that matters to me, and I will do whatever it takes to protect both. Twitter as a company has always been my sole issue and my biggest regret. It has been owned by Wall Street and the ad model. Taking it back from Wall Street is the correct first step.
“In principle, I don’t believe anyone should own or run Twitter. It wants to be a public good at a protocol level, not a company. Solving the problem of it being a company, however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness.
“Elon’s goal of creating a platform that is “maximally trusted and broadly inclusive” is the right one. This is also @paraga’s goal, and why I chose him.
“Thank you both for getting the company out of an impossible situation. This is the right path…I believe it with all my heart.”
