{"id":183097,"date":"2022-04-26T14:23:24","date_gmt":"2022-04-26T13:23:24","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=183097"},"modified":"2022-04-26T14:23:24","modified_gmt":"2022-04-26T13:23:24","slug":"why-i-sold-twitter-to-elon-musk-jack-dorsey","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/04\/26\/why-i-sold-twitter-to-elon-musk-jack-dorsey\/","title":{"rendered":"Why I sold Twitter to Elon Musk \u2013 Jack Dorsey"},"content":{"rendered":"

Twitter CEO Jack Dorsey has explained why the microblogging platform was sold to billionaire Elon Musk.<\/p>\n

Musk agreed to acquire Twitter for around $44 billion on Monday night.<\/p>\n

The 50-year-old bought the firm for $54.20 per share, the same price he offered on April 14.<\/p>\n

In explaining why he is selling Twitter, Jack stated that Elon Musk is the only way to achieve Twitter’s goal of being managed for the public benefit.<\/p>\n

According to him, he trusts Elon\u2019s goal<\/a> of creating a platform that is \u201cmaximally trusted and broadly inclusive\u201d.<\/p>\n

His tweets read, \u201cI 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.<\/p>\n

\u201cIn principle, I don\u2019t 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.<\/p>\n

\u201cElon\u2019s goal of creating a platform that is \u201cmaximally trusted and broadly inclusive\u201d is the right one. This is also @paraga\u2019s goal, and why I chose him.<\/p>\n

\u201cThank you both for getting the company out of an impossible situation. This is the right path\u2026I believe it with all my heart.\u201d<\/p>\n

Jack assured that Twitter will continue to serve the public conversation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Twitter CEO Jack Dorsey has explained why the microblogging platform was sold to billionaire Elon Musk. Musk agreed to acquire Twitter for around $44 billion on Monday night. The 50-year-old bought the firm for $54.20 per share, the same price he offered on April 14. In explaining why he is selling Twitter, Jack stated that […]<\/p>\n","protected":false},"author":9,"featured_media":183098,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[37],"tags":[733,3371,3895,3370,4543],"class_list":["post-183097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-elon-musk","tag-jack-dorsey","tag-sold","tag-twitter","tag-why"],"yoast_head":"\nWhy I sold Twitter to Elon Musk \u2013 Jack Dorsey<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2022\/04\/26\/why-i-sold-twitter-to-elon-musk-jack-dorsey\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why I sold Twitter to Elon Musk \u2013 Jack Dorsey\" \/>\n<meta property=\"og:description\" content=\"Twitter CEO Jack Dorsey has explained why the microblogging platform was sold to billionaire Elon Musk. Musk agreed to acquire Twitter for around $44\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2022\/04\/26\/why-i-sold-twitter-to-elon-musk-jack-dorsey\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-26T13:23:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2022\/04\/ify_davies\/2022\/04\/26\/Main-image-2_61c2da398a8f6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Davies Ngere Ify\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@withinnigeria\" 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