With roughly half of Twitter's 7,500 reportedly anticipated to lose their jobs below new proprietor Elon Musk, resentment can be constructing towards co-founder and former CEO Jack Dorsey. "Jack is hated at Twitter," a supply acquainted with the state of affairs informed The Put up.
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Within the league of legends of Silicon Valley, Jack Dorsey — the co-founder of Twitter who stepped down as CEO a yr in the past this month — has lengthy had a fame because the cool hippie with the beard who likes to go off and meditate in between courting fashions and fasting.
Now, barely per week since his fellow billionaire businessman Elon Musk snapped up Twitter for $44 billion, Dorsey, 46, is launching a social media firm referred to as Bluesky: a brand new sort of decentralized platform that guarantees to provide customers and builders extra autonomy. Greater than 30,000 subscribers have already signed up, the corporate tweeted on Oct. 20.
Bluesky, which is within the beta testing part, was commissioned by Dorsey as a solution to a few of the issues he noticed at Twitter.
Whereas some doubt there’s actual curiosity in one more social media firm, those that know the never-married and childless Dorsey say he has sharp elbows along with brains, and that his life and profession post-Twitter shouldn't be underestimated. He's presently price rather less than $4 billion.
!["When [Dorsey] left this last time he blamed the problems at Twitter on other people. Even though he was on the board and was the CEO!" said author Nick Bilton of Dorsey's 2021 resignation.](https://nypost.com/wp-content/uploads/sites/2/2022/11/jack-dorsey-04.jpg?w=1024)
In an obvious present of confidence in Musk’s takeover, Dorsey, who additionally based the monetary-payment firm Block, selected to roll over his $1 billion stake — 18 million shares — in Twitter slightly than cashing out.
However, sources stated, there's resentment amongst Twitter workers — half of whom are reportedly anticipated to lose their jobs below Musk.
“Jack is hated at Twitter,” a supply acquainted with the state of affairs informed The Put up. “They blame what occurred with Elon taking up the corporate on Jack. Parag [Agrawal, the recently-ousted head of Twitter] and the board assume he's this actually unhealthy character.
“Simply take a look at the inventory worth earlier than Elon purchased it. It was about $37 and had been flat for about ten years. The corporate hadn’t grown as a result of Jack was gallivanting round on his jet with these fashions,” the supply stated. “However no person wrote about what a catastrophe the corporate was as a result of everybody idolizes Dorsey and thinks he’s the following Steve Jobs.”
![According to a source, Twitter employees "blame what happened with Elon [Musk] taking over the company on Jack."](https://nypost.com/wp-content/uploads/sites/2/2022/11/twitter-elon-musk-01.jpg?w=1024)
Dorsey’s reps at Sq. and Bluesky didn't reply to requests for remark.
Dorsey might not be a lightning rod for controversy like Musk, Jeff Bezos or Invoice Gates, or be perceived as socially awkward like Mark Zuckerberg, but it surely’s a mistake to assume he’s any much less Machiavellian or megalomaniacal than the remainder of them, a number of sources who know Dorsey informed The Put up.
“He was at one level the bottom individual within the room at Twitter after which, as a result of he needed to be crucial individual within the room, he was — and he ended up being CEO,” stated writer Nick Bilton, who frolicked with Dorsey for “Hatching Twitter: A True Story of Cash, Energy Friendship and Betrayal,” his 2014 e book.
“He had three co-founders who've form of been erased from the historical past of Twitter, each publicly and financially. When he left this final time he blamed the issues at Twitter on different individuals. Despite the fact that he was on the board and was the CEO! He's extremely adept at boardroom politics and warding off coups towards him.”
And he has loads of individuals in his nook who foresee a glowing post-Twitter profession in his future.
“Jack’s not hot-headed or hot-blooded,” stated Nik Yakovenko, who labored at Twitter below Dorsey from 2015 to 2017. “He’s a relaxed individual. A whole lot of [Silicon Valley bosses] are usually not calm. He is a little more cerebral. He’s additionally much more honest than you'd assume. He’s not that excited by cash. He loves nature and the outside and he’s very into doing blockchain stuff. It stays to be seen what occurs with Bluesky. It’s about decentralizing social media networks sooner or later to provide customers extra autonomy.”
Like most of the large tech bros, Dorsey didn't stand out throughout his childhood, the place he suffered with a stutter and had geeky hobbies like finding out maps and trains and listening to police scanners.
“I beloved couriers,” he as soon as stated. “You had this switch of bodily data occurring all through the town and the world. Somebody selecting up the package deal, placing it in a bag, going someplace, taking it out of the bag, giving it to another person. I assumed that was so cool. I needed to map it, to see that stream on a giant display screen.”
He grew up in modest circumstances in St. Louis, Mo. the place his father, Tim, was a medical gear engineer and his mom, Marcia, a homemaker. The household not too long ago renovated Marcia Dorsey’s childhood dwelling.
Her Twitter bio reads: “Mom of @jack… Does that make me the grandmother of Twitter?”
Regardless of dropping out of school, Dorsey’s early foray into creating dispatch software program for taxi firms led him to plan for microblogging his standing to his buddies in actual time — an concept that served because the eventual constructing block for Twitter, shaped in 2006.
Alongside the best way Dorsey briefly grew to become a licensed therapeutic massage therapist and dabbled in modeling and vogue design.
In 2019, he detailed 11 of his “wellness habits” which embody morning ice baths and saunas, consuming only one meal a day and infrequently fasting on weekends, two hours of meditation every day and a every day five-mile stroll to work.
![After co-founding Twitter in 2006 with Biz Stone, Evan Williams and Noah Glass, "Jack doesn't talk to any of [his] Twitter co-founders anymore," an insider said.](https://nypost.com/wp-content/uploads/sites/2/2022/11/jack-dorsey-06.jpg?w=1024)
“Dorsey is a rarity in Silicon Valley,” Bilton stated. “Jack’s extra charismatic than most of them. Having a dialog with Mark Zuckerberg is speaking to a chatbot. Most are odd and also you assume, did somebody make them in a lab and did they then escape and grow to be CEOs. However with Jack you sense there could also be an precise human being in there someplace.”
Dorsey’s charisma — and large checking account — could also be why he’s been linked to swimsuit fashions Flora Carter and Raven Lyn Corneil, yoga teacher Kate Greer, vogue mannequin Lilly Cole and “Boss Bitch” writer Nicole Lapin.
However the relationships haven’t lasted.
“He purchased Raven Lyn an $8 million home within the Hollywood Hills in 2019 however she nonetheless broke up with him,” an insider informed The Put up. “It was like he was too bizarre to place up with regardless of his cash.”
One Silicon Valley insider stated Dorsey retains a low profile. He first purchased a $10 million dwelling overlooking San Francisco Bay within the Seacliff space of the town in 2012 after which purchased the property subsequent door for $21 million in late 2018.
“Jack all the time appears to be the harbinger of issues to return,” the insider informed The Put up. “His weight loss plan, biohacking, the fasting — he’s all the time one of many first ones to do stuff. What he does that appears bizarre can be seen as stylish and funky three years later … However he doesn’t take part within the social circuit or the galas. He stays away and sticks together with his dude pack.”
His present dude pack, nonetheless, can be properly suggested, to look at their pal like a hawk.
“Jack doesn’t speak to any of [his three] Twitter co-founders anymore,” stated one other insider of Dorsey’s previous buddies Biz Stone, Evan Williams and Noah Glass. “You could be certain they don’t purchase into the BS public narrative that Dorsey is a few benign monk CEO strolling the earth. He’s like all the remainder of them, simply making an attempt to screw everybody else over for his personal good.”
The Put up has reached out to Stone, Williams and Glass.
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