I have no particular beef with Dorsey but I think this would make sense. He's been CEO of both Square and Twitter for years now and no matter what time you wake up in the morning or however many specials diets you undertake you're not going to be able to give the focus a solo CEO is. I think the bigger issue is who gets to replace him: will it be someone with smart ideas or someone to serve as a puppet of activist in…
> He's been CEO of both Square and Twitter for years now and no matter what time you wake up in the morning or however many specials diets you undertake you're not going to be able to give the focus a solo CEO is. Elon Musk
I resigned from Twitter
531–540 of 1001 posts
Re: I resigned from Twitter
#532Looks like activist investors are getting their Christmas wish this year. Twitter's not immune from ending up on this list (on a long enough timeline): https://en.wikipedia.org/wiki/List_of_defunct_social_network...
The issue with Dorsey is that he acknowledges how toxic Twitter is, but has no idea how to fix it nor did he seem ready to do so, and this made investors very nervous. See his recent interview on CNN : https://www.facebook.com/cnn/videos/2100868666791589/
Re: I resigned from Twitter
#533Earlier quoted context omitted.
From the tweet do you think Parag and/or Bret pushed him out?
Parag doesn't look like a guy who could push anyone out.
But more importantly, he says he eventually will leave the board?
Re: I resigned from Twitter
#534The stock popped 10%. Is this a vote of confidence against him or for whoever has been waiting in the wings? There has been enough agitation against him by the activists that this can’t be a surprise.
Did the news leak before market open? His tweet was at 10:48 EST, and the email screenshot has 9:45 AM, which presumably is EST (it's certainly not PST). Edit: The submission to HN was before the tweet. Huh? I guess it originally linked to somewhere else.
Re: I resigned from Twitter
#535What kind of board allows an announcement like this to happen in such an uncontrolled way? I feel like this is just more evidence that Twitter's board is weak.
There was more drama than we know. This was brewing for a while. https://www.foxnews.com/politics/twitter-paul-singer-republi...
Re: I resigned from Twitter
#536Earlier quoted context omitted.
Long ago I made a reddit account with the first suggested name after the one I asked for was 'taken', disabled following all the subreddits, and then selectively added subreddits specific to my hobbies. I don't see anything that normally hits the front page, everything I do see is somewhat relevant to me, and it basically deletes all politics from what is presented. By far the best reddit experience possible, I think…
Mind sharing a few interesting ones?
Re: I resigned from Twitter
#537It will be interesting to see how Twitter changes as a result. Twitter with selective following and setting your timeline to 'time order' creates a pretty good environment for me. It feels like the equivalent of living in only a few chosen 'subreddits' rather than getting the full frontal reddit experience.
Re: I resigned from Twitter
#538Earlier quoted context omitted.
" Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something. " https://news.ycombinator.com/newsguidelines.html
I don’t think that was a shallow dismissal…?
Re: I resigned from Twitter
#539Earlier quoted context omitted.
I don't think it can be fixed. Social media in general is a cancer.
HN is not what I'd call cancer. Social media doesn't need to be an engagement-obsessed, emotionally charged misinformation hose. Social media is broader than the category that twitter and FB live in. It can be less toxic, but less toxic platforms are less exciting and don't get the same kind of attention , which is what all the toxic stuff optimizes for.
Re: I resigned from Twitter
#540Earlier quoted context omitted.
I've noticed that lots of C-suite and owner/CEO startup people have like three to five active business roles on their Linkedins. A fun case of "rules for thee, but not for me" when it comes to anti-moonlighting clauses and such. I can't "give it my all" if I take some weekend gigs, but you can hold two C-suite positions, be on two boards, plus have an "advisory" role with some startup? It's a lot like drug testing fo…
Much of the value that a CEO adds is in figuring out which rules can be broken without adverse consequences. They're accountable for results; if they raise shareholder value doing terrible things but never get caught, that's a win for shareholders, and they get to keep their position. If they do get caught, they get to be the fall guy, they resign, the board gets to say "We are shocked that such things occurred, we h…
Does this actually happen though? I'm not sure I've ever seen a President or CEO of a company be held accountable for bad behavior or bad decisions in any meaningful way.
Best case scenario, you mess up and get "fired" (with a million-dollar-or-more severance/contract payment attached, or similar in stocks -- enough cash paid out that you can basically retire for life). Worst case scenario, seems to be that you get hauled in front of Congress to answer questions and/or get teased on the internet for a few days -- stuff that has almost no lasting effect.