- CEO Jack Dorsey told Elon Musk that Twitter should be private, the WSJ reported on Friday.
- Other influential businessmen with libertarian ideas also encouraged Musk, the paper wrote.
- The article cited “people familiar with the matter” and former Twitter executives.
Twitter co-founder and former CEO Jack Dorsey “whispered” in Elon Musk’s ear that the social media platform should be a private company, and other billionaire contacts pressured Musk to pursue the takeover deal he eventually made, the Wall reported. Street Journal on Friday.
Dorsey, who stepped down as Twitter’s CEO in November, has publicly and heartily supported the purchase of Musk, saying he is a “unique solution” to lead Twitter.
Behind the scenes, others supported Musk’s interest in Twitter, especially those who were frustrated with Twitter’s content moderation decisions, the WSJ reported. This group was made up of wealthy and influential people with libertarian leanings and others who scoff at Musk’s strong anti-censorship views, which they believe run counter to the way Twitter has managed itself so far.
Peter Thiel and David Sacks are apparently two of the people who encouraged Musk, the paper said. Like Musk, Thiel and Sacks are former PayPal experts, often referred to as the “PayPal Mafia” because of the influence many amassed in the technology after helping create the payments company.
Musk’s relationship with Dorsey was evident for a period of time, the WSJ reported.
Their online friendship and general bromance started in 2016 and progressed from there, Insider reports.
According to unnamed former Twitter executives who spoke to the Journal, Musk and Dorsey apparently felt that Twitter would work better as a private company and that it should be thought of less as a profit machine and more as a positive utility to the public. .
Musk and his associates have repeatedly expressed an interest in replatforming people banned from Twitter or are angry that people have been deplatformed, according to the WSJ report.
The media outlet mentioned that Charles Johnson, who was banned from Twitter for raising money to “eliminate” a BLM activist, messaged the head of Musk’s personal investment office about the Twitter purchase and asked when he could get his back. account.
“Hopefully soon,” chief investment officer Jared Birchall apparently replied, according to the Journal.
Musk bought Twitter for $44 billion. His differing opinions on how to manage the platform, the possibility of cutting costs to cover the way he financed the deal and his tweets about the current Twitter executives involved in content moderation resulted in a very busy week for the company.
But, as the WSJ story has noted, he’s not overly disturbed by the controversy, and he probably never has been: in 2018, in a now-public email, Musk told a public relations consultant he wouldn’t tweet less.
“I will tweet as I please and suffer the consequences… and so on,” he wrote.
Musk, Dorsey and Twitter did not immediately respond to a request for comment.