I left because I couldn’t imagine doing what we needed to do as a public company. We had no defense against Wall Street and advertisers. Single point of failure.
Discussion
Good!
Is there an alternative timeline where Twitter thrives without ever going public?
In my mind, one alternative timeline could have seen Twitter become the Outlook for open social media: ie. focussed on front-end features (customisable algorithms, lists, search, etc) with the protocol open, like Nostr is. Sure, it would have invited a lot of competition, but it would also have *reduced* it in many other dimensions (e.g. entirely different social networks). Still not sure why that didn't happen, TBH.
Quitting Twitter and now building nostr is absolute chad move.
you left with your billions because of wallstreet? wallstreet is your enemy? why? what did you do with your billions? put it into wallstreet? or everything into bitcoin? bitcoin is not driven by wallstreet?
My “billions” is still invested in the current company. I didn’t sell.
👀 it was Jack’s passion for freedom not for money 🤙🫂 Respect 🫡
I would assume you still leverage debt against your stake so you can have the income but not the taxes
Why didn’t you sell? You could have bought a lot of bitcoin
I believed in the private option
He has actually used a lot of his wealth to support causes he believes in and he’s been very transparent about it.
E.g. https://docs.google.com/spreadsheets/d/1-eGxq2mMoEGwgSpNVL5j2sa6ToojZUZ-Zun8h2oBAR4/htmlview
Always proud of Jack 👏🏼. On a side note, do I need to change my profile picture to an avatar image to get an invite to Bluesky? The waitlist is taking long.
#[3]
#[4] - I'm curious. You once said (in the context of Bluesky) that you envisaged Twitter being a client of open protocols. Why didn't you pursue that vision? Was it already too commercial by that point?
Thank god you did! 🙏🏽
All good reasons, but were you seriously so unaware of what was going on behind your back with Yoel and company? I mean like:
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