Twitter co-founder Dorsey rues Musk deal: ‘It all went south’ | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
June 11, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JUNE 11, 2025
Twitter co-founder Dorsey rues Musk deal: ‘It all went south’

World+Biz

Sarah Frier, Bloomberg
30 April, 2023, 08:50 am
Last modified: 30 April, 2023, 09:17 am

Related News

  • Trump says Musk relationship over, warns of 'serious consequences' if he funds Democrats
  • Trump asks aides whether they believe Musk's behaviour could be linked to alleged drug use, source says
  • Republicans urge Donald Trump and Elon Musk to end their feud
  • From 'disgusting abomination' to 'crazy:' Trump and Musk in social media brawl
  • Trump considers getting rid of his Tesla on heels of Elon Musk feud

Twitter co-founder Dorsey rues Musk deal: ‘It all went south’

Sarah Frier, Bloomberg
30 April, 2023, 08:50 am
Last modified: 30 April, 2023, 09:17 am
Jack Dorsey. Photographer: Daniel Acker/Bloomberg
Jack Dorsey. Photographer: Daniel Acker/Bloomberg

Twitter co-founder Jack Dorsey — once a supporter of Elon Musk's $44 billion acquisition of the site — is now offering sharp criticism of the new owner and his handling of the deal.

Asked if Musk has proven himself to be the best possible steward for the platform, Dorsey said, "No. Nor do I think he acted right after realizing his timing was bad. Nor do I think the board should have forced the sale."

After stock markets turned shortly following his offer to buy Twitter a year ago, Musk sought to withdraw from the deal. That prompted a legal battle between the company and the billionaire, before the acquisition was completed at its original offer price.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"It all went south," Dorsey wrote on Bluesky, the invite-only Twitter alternative that he's backing.

Twitter did not specifically respond to a request for comment.

Dorsey, who was friendly with Musk for years and suggested he get involved with Twitter, was previously publicly in favor of the deal. Last year, he called Musk as owner of Twitter "the singular solution I trust."

On Friday, one Bluesky user said it was pretty sad how it all went down, to which Dorsey replied "yes." But Twitter "would have never survived as a public company," he added in another post. "Would you rather have had it owned by hedge funds and Wall Street activists? That was the only alternative."

Under Musk, who took over in late October, Twitter cut a majority of its staff and endured a number of public crises, including over its plan for verifying users. Musk has been pitching a subscription service for Twitter in which users can obtain a blue check mark for $8 a month.

"Payment as proof of human is a trap and I'm not aligned with that at all," Dorsey said on Bluesky. "The payment systems being used for that proof exclude millions if not billions of people."
 

Top News

Elon Musk / Jack Dorsey / Twitter

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Bangladesh's growth forecast unchanged: WB report
    Bangladesh's growth forecast unchanged: WB report
  • Faiz Ahmad Tayeb. Photo: BSS
    Import duty on raw materials for e-bikes, lithium batteries reduced from 80% to 1% in some cases: Faiz Taiyeb
  • Swedish activist Greta Thunberg, who departed Israel by plane on Tuesday after being detained aboard the Gaza-bound British-flagged yacht "Madleen" after Israeli forces boarded the charity vessel as it attempted to reach the Gaza Strip in defiance of an Israeli naval blockade, talks to journalists surrounded by French police as she arrives at a terminal at the Paris-Charles de Gaulle Airport, in Roissy-en-France near Paris, France, June 10, 2025. REUTERS/Gonzalo Fuentes
    Greta Thunberg says she was kidnapped by Israel in international waters

MOST VIEWED

  • On left, Abdullah Hil Rakib, former senior vice president (SVP) of BGMEA and additional managing director of Team Group; on right, Captain Md Saifuzzaman (Guddu), a Boeing 787 Dreamliner pilot for Biman Bangladesh Airlines. Photos: Collected
    Ex-BGMEA SVP Abdullah Hil Rakib, Biman 787 pilot Saifuzzaman drown in boating accident in Canada
  • File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar
    Dhaka: The city we never want to return to, but always do
  • Chief Adviser Muhammad Yunus leaves for a four-day visit to the United Kingdom from the Dhaka airport on 9 June 2025. Photo: CA Press Wing
    CA Yunus leaves for UK; discussion expected on renewable energy investment, laundered money
  • File Photo: Collected
    Enhanced surveillance at Ctg airport amid rising global Covid-19 cases
  • Inside the aid ship stormed by Israeli forces on 9 June 2025. Photo: BBC
    Israeli forces stormed aid boat carrying Greta Thunberg bound for Gaza: Freedom Flotilla Coalition
  • Photos: Collected
    Abdul Hamid wasn't arrested because he's not wanted right now: Home adviser

Related News

  • Trump says Musk relationship over, warns of 'serious consequences' if he funds Democrats
  • Trump asks aides whether they believe Musk's behaviour could be linked to alleged drug use, source says
  • Republicans urge Donald Trump and Elon Musk to end their feud
  • From 'disgusting abomination' to 'crazy:' Trump and Musk in social media brawl
  • Trump considers getting rid of his Tesla on heels of Elon Musk feud

Features

Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

11h | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

1d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

3d | Bangladesh
Illustration: TBS

Unbearable weight of the white coat: The mental health crisis in our medical colleges

6d | Panorama

More Videos from TBS

Greta Thunberg deported from Israel

Greta Thunberg deported from Israel

13h | TBS World
BNP is not a revolutionary party: Mirza Fakhrul

BNP is not a revolutionary party: Mirza Fakhrul

14h | TBS Today
News of The Day, 10 JUNE 2025

News of The Day, 10 JUNE 2025

11h | TBS News of the day
Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

Trump sends 2,000 more National Guard and 700 Marines to Los Angeles

14h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net