The founder of Twitter said Thursday that he regrets the social media platform became a company.
Jack Dorsey, who stepped down as CEO of Twitter last year, also said Twitter being run as a company is the “biggest issue” with the platform. Dorsey, 45, made the comment in a post on the social media platform responding to a user with concerns that Twitter has a “leftward” bend and is banning an “inordinate amount of rightward leaning.” Dorsey added that his preference would have been to have Twitter function more like email or bitcoin.
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“The biggest issue and my biggest regret is that it became a company,” Dorsey tweeted.
The biggest issue and my biggest regret is that it became a company.
— jack (@jack) August 25, 2022
Dorsey said his preferred structure for Twitter to operate under would be as “a protocol,” citing email, bitcoin, the internet, and the programming language HTML as examples.
He added that he believes Twitter “can’t be owned by a state, or company” and his belief “becomes clearer every day.”
A protocol. Def can’t be owned by a state, or company. Becomes clearer every day.
— jack (@jack) August 25, 2022
The company has been rocked by multiple scandals in recent weeks.
Twitter is in a dispute with Tesla and SpaceX CEO Elon Musk over a $44 billion agreement for Musk to buy the company that he is in the process of backing out of.
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Dorsey, who still has a 2.3% stake in the company, would receive $978 million if the deal is completed.
On Wednesday, the former Twitter head of security alleged in a whistleblower complaint that Twitter executives attempted to deceive regulators about major security problems that make users’ personal information vulnerable to hackers.
