this post was submitted on 12 Sep 2023
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Technology

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[–] [email protected] 113 points 1 year ago (1 children)

This is revisionist, that sequence of events was what caused him to start to play footsie with the idea of buying Twitter, the SEC saying that’s a big no-no is what made him actually make the offer to buy it and then he was forced by a court to finish the deal after a long legal battle to not buy it

[–] [email protected] 105 points 1 year ago (4 children)

Don't forget the part where Dorsey literally conned him by playing to his ego. Jack cashed out almost a billion in cash to himself even though Twitter was close to bankruptcy. It was brilliant.

[–] [email protected] 24 points 1 year ago (1 children)

What cracks me up the most is that Jack already had a Twitter clone in the works, ready to be released once Musk burns down the old plattform and people wish for Twitter but without Musk back.

[–] [email protected] 19 points 1 year ago (1 children)

Bluesky isn't exactly a twitter clone, it's what Jack wanted Twitter to pivot to, but the board of directors refused to play ball.

So Jack spun up a separate entity and explicitly made it its own thing outside of twitter.

[–] [email protected] 15 points 1 year ago (1 children)

Probably not the last time this trick works on ol' blockhead.

[–] [email protected] 2 points 1 year ago

oh man that's my new insult for blockchain pushers

[–] [email protected] 1 points 1 year ago

Damn, what a slick move.

[–] [email protected] 1 points 1 year ago

I missed that part. Where can I read more about this con?