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Jack Dorsey Needs to Step Down

profgalloway.com

61–70 of 119 posts

Re: Jack Dorsey Needs to Step Down

#61
post #48

Earlier quoted context omitted.

> Chances of that happening are approximately nil, in my estimation The author has put money behind their estimation. Given Twitter's performance and Galloway's mouthpiece, I wouldn't put organizing its shareholders beyond the realm of plausibility. (Or the Board compromising to take a thorn out of their side.) The battle is really getting the question of a part-time CEO on the agenda, which requires replacing a few…

Replacing with _who_ though? Twitter is not going to be another Facebook or Google no matter who runs it - there's really no meat on the bones there, Jack knows that. And it could get much, much worse if motivated entirely by profit.

> Replacing with _who_ though?

That's a separate question. Note, too, that activist victories can take many forms. It could be Jack retreating to a Chairmanship, it could be him committing more hours to Twitter, it could be him hiring a President.

> there's really no meat on the bones there

Weibo has effectively bootstrapped a separate platform on its Twitter clone. And ByteDance outvalues Twitter on what is essentially a re-jiggered Vine.

This is oversimplifying. But Twitter's only options aren't more ads or languishing with distracted leadership.

Re: Jack Dorsey Needs to Step Down

#64
post #51

Earlier quoted context omitted.

> Well, that's your problem It looks like an activist position. The shares were acquired with the view of making them more valuable through direct action. This is a validated hedge fund strategy.

That seems pretty likely to fail. How often does that actually result in positive gains?

All the time if its a good activist investor, just look up that term.

Re: Jack Dorsey Needs to Step Down

#65
Could moving to Africa be a signal from Dorsey that he'd like to move on from both of his positions? One could imagine that e.g. Morocco could be a tenable location for CEOs of some Western firms, but much further south could make travel and communication much more difficult.

Re: Jack Dorsey Needs to Step Down

#66

I think it makes total sense to question if a CEO can be part-time and be effective (I agree with the author of this post, they can't). That being said, this post is all over the place. > Greatness is in the agency of others, and many talented executives have left the firm. Uh huh. Twitter has always succeeded in spite of itself. There's never been any innovation and execution has been middling at best. I don't think…

I’m pretty convinced that any community with a global broadcast layer trends towards tragedy.

It belies an ugly truth - the global community is pretty tragic even if things are on the rise - let alone the real world with its mixed metrics and setbacks.

Re: Jack Dorsey Needs to Step Down

#67
post #49

Earlier quoted context omitted.

Sure, but how come other features can't be released in parallel?

Users throw a huge fit any time the slightest thing changes on twitter

I don't blame them. I signed up in 2009 and I deleted my account a few years ago because, well... Twitter now is not what I signed up for. But I guess they have to move on. Things change, but that does not mean I have to like the changes.

Re: Jack Dorsey Needs to Step Down

#68
post #24
post #9

$10M position in what is essentially the leaking sewer of the Internet? I thought he was smarter than that.

One of the many sewers, where hundreds of millions of people enjoy swimming. Imagine if you could clean it up. What would that be worth? That's Galloway's position.

>> "enjoy"

Citation needed. Best I can tell the only thing people "enjoy" there is shitting on each other, and this seems to be the platform's raison d'être. It's kind of hard to enjoy being on the receiving end of that though.

Re: Jack Dorsey Needs to Step Down

#69
post #19

Twitter hiring Anthony Noto was one of the worst. They need to replace the board which essentially means someone needs to acquire them in order to unlock the potentials.

What's wrong with Anthony Noto? Honest question as I am not American and I don't know him at all. His article on Wikipedia doesn't seem to show any controversies.

Re: Jack Dorsey Needs to Step Down

#70
Why dont u make your own twitter then? it's really easy to start (hard to scale, but if you get to that point u re up for sucecss)

incidentally these:

> Fake accounts, GRU-sponsored trolls, algorithms that promote conspiracies and junk science

i know they exist and i see them in responses to tweets but i dont follow any of those, and havent seen any of them being followed a lot. they seem like typical harmless spam like the stuff i remove from signups all the time. Twitter is pretty great for me at this time, and i m glad they re not trying to become facebook. there's a reason why facebook can't be the fun , witty platform that twitter is.

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