Twitter’s own founder, Jack Dorsey, had some harsh words for its Board of Directors in replies to some tweets mentioning them over the weekend. This was likely in response to the reports that the board approved of a “poison pill” plan to prevent Elon Musk from acquiring more than 15% of the common stock in the company after announcing his offer to buy the platform last week. He currently owns 9.2% of Twitter after buying several millions of shares in the company.
Dorsey first responded with “big facts,” in response to one tweet that said, “Good boards don’t create good companies, but a bad board will kill a company every time.”
This first message could be read as cryptic in itself, but Dorsey quickly followed up with some choice words against the board. “It’s consistently been the dysfunction of the company,” wrote Dorsey in another reply. Dorsey stepped down as CEO of Twitter in November 2021 but is still extremely active on the platform and replies frequently to those mentioning him.
Dorsey is in his last month of being a voting member of the Twitter board, as his seat is set to expire in May. He also claimed recently in a Twitter reply that he has little stock in the company anymore at this point due to his 2008 firing.
Musk’s offer totaled $43 billion, and on Monday, it was announced that the Twitter board had accepted the offer.
