Jack Dorsey Steps Down from Twitter Board

Photo: Getty Images [via Fox Business]

The Facts

  • Twitter co-founder Jack Dorsey has stepped down from the company's board effective Wed., a move that was previously announced at the annual shareholder meeting in Nov. 2021.

  • Twitter's new CEO, Parag Agrawal, will take Dorsey's seat on the board.

The Spin

Narrative A

Dorsey and Musk have similar views on how Twitter should operate. This is why Dorsey has left the company in Musk's hands and believes him to be the "singular solution."

Narrative B

Dorsey has now entrusted Twitter, which used to be his prized endeavor, to the fickle and reckless Musk. Although the two seem to share a similar vision for the company, it remains to be seen whether Dorsey will regret his decision to entrust Musk with the "public square" that he helped to pioneer.

Nerd narrative

There is a 99% chance that Twitter will agree to be taken private by Elon Musk on December 31, 2022, according to the Metaculus prediction community.

Articles on this story

Sign up to our daily newsletter