11/8/2023 0 Comments Jack dorsey lighthouse keeper![]() ![]() In 2022, Bluesky became its own entity, run as a public benefit LLC and had received funding of $13 million from Twitter as of April last year. ![]() Dorsey helped launch the project along with Agrawal, who briefly became Dorsey’s successor at Twitter. The project was first announced in 2019 as a research and development project within Twitter. What he had really envisioned was a social media service that was “ open and verifiable,” where no one person or institution had complete ownership over the site.īluesky is more aligned with that vision, as it is a decentralized service in which user data is stored on independent servers instead of belonging to one company. ![]() “The biggest issue and my biggest regret is that it became a company,” Dorsey tweeted in August, when asked by a user whether the platform had achieved what he had hoped for. The biggest issue and my biggest regret is that it became a company.- jack August 25, 2022 The real Twitter that Dorsey wantedĮven though Dorsey spent many years at Twitter and still has a small stake in the company, he said that it didn’t turn out as he intended. The verification system has also been arbitrary-sometimes giving blue badges to the accounts of dead people, and other times verifying the accounts of celebrities who never paid for the feature, including Stephen King and LeBron James. His latest move to roll out paid subscriptions for blue checks, which were previously attainable only when a person was verified by the company itself, has been quick to draw widespread criticism. It has seen a rise in hate speech and instances of misuse of verified accounts by frauds. Dorsey also continued to defend the sale to Musk as a “ fresh reset” for Twitter.īut under Musk’s leadership, Twitter has been in a state of disarray. In response to that, Dorsey apologized for growing Twitter “ too quickly” and took responsibility for the situation, suggesting that he acknowledged the need to cut the headcount at the company. Within days of purchasing the company, Musk fired top executives including Agrawal, and then let go of half the employees. In the following months, Musk’s Twitter bid was approved by the board, and after trying to back out of the deal, he went through with the $44 billion purchase last October. I trust his mission to extend the light of consciousness.- jack April 26, 2022 Solving for the problem of it being a company however, Elon is the singular solution I trust. It wants to be a public good at a protocol level, not a company. In principle, I don’t believe anyone should own or run Twitter. Taking it back from Wall Street is the correct first step.” “It has been owned by Wall Street and the ad model. “Twitter as a company has always been my sole issue and my biggest regret,” Dorsey wrote in the same Twitter thread. Dorsey also lamented that Twitter had become commercialized. He added that Musk’s goal of having a “maximally trusted and broadly inclusive” platform aligned with what then-CEO Parag Agrawal wanted to achieve at Twitter. I trust his mission to extend the light of consciousness,” Dorsey wrote in a tweet on April 25, 2022. Twitter’s board approved Musk’s bid to purchase it in April, after which Dorsey publicly tweeted his praise for Musk, saying the Tesla chief was the right fit for his vision of Twitter. The Tesla and SpaceX CEO reportedly approached Dorsey in March of last year to discuss where the company was going. And Musk reportedly ended the company’s ties with Bluesky when he took over Twitter.Īfter stepping down as CEO in November 2021, Dorsey remained on Twitter’s board until May of 2022. The new, invite-only platform was actually funded by Twitter initially, the brainchild of cofounder Jack Dorsey, even before he became a vocal backer of Elon Musk’s Twitter purchase. The app has had a number of outages in the recent months, and in April, Twitter took blue check marks from verified accounts in favor of its paid-subscription-only model.īut Twitter’s fall from grace, and Bluesky’s rise in popularity, have more connections than one would think. Part of what may be driving the frenzy surrounding Bluesky may be the sheer frustration of Twitter users. Bluesky has been downloaded 375,000 times from the Apple app store worldwide since its launch in February, according to data.ai, a consumer data insights group. The app is still only in its beta testing phase, and can only be downloaded with an invite from another user. The surge in demand was so great that the service needed downtime to upgrade.
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