'Oh, Yeah': Jack Dorsey's Nostalgic Recall To The Day When He Began Programming Twitter In 2006
Portfolio Pulse from Ananya Gairola
Jack Dorsey reminisced about starting to program Twitter in 2006, as shared by Bloomberg's Jon Erlichman on X. Dorsey, a co-creator and former CEO of Twitter, now owned by Elon Musk and renamed X, highlighted his nostalgic connection. Despite being fired from Twitter in 2008 and returning in 2015, Dorsey's journey includes rejecting an offer from Meta Platforms Inc. and witnessing Twitter's high-profile IPO in 2013. After Musk's acquisition, significant changes occurred, including layoffs and the unbanning of controversial accounts. The platform's value reportedly dropped to $19 billion, less than half of its purchase price, by October 2023.
March 14, 2024 | 8:07 am
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Jack Dorsey, CEO of Block Inc. (SQ), reminisced about starting Twitter, highlighting his enduring legacy despite the platform's challenges and changes under Elon Musk's ownership. Dorsey's journey includes rejecting an offer from Meta Platforms Inc. and witnessing Twitter's fluctuating fortunes.
While the article discusses Dorsey's connection to Twitter and its history, the direct impact on Block Inc. (SQ) is minimal in the short term. The mention of Dorsey's role as CEO of Block Inc. and his historical decisions may influence investor perception but is unlikely to have a significant immediate financial impact on SQ.
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