Twitter CEO Jack Dorsey addresses students at the Indian Institute of Technology in November 2018 in New Delhi, India. | Photo by Amal KS/Hindustan Times via Getty Images
On Tuesday I laid out Elliott Management’s case against Jack Dorsey — or at least, what we know about it so far. The activist investor has acquired a roughly 4 percent stake in Twitter, and has reportedly expressed concerns with Twitter’s underperforming stock, its part-time CEO, and Dorsey’s stated plans to decamp to Africa for an unspecified period of time this year.
On Thursday, in a roundabout way, Dorsey responded. He attended a scheduled appearance at a Morgan Stanley banking conference, and while the interviewer didn’t muster a single question about his potential ouster, Dorsey (obliquely) answered it nevertheless. Twitter’s investor relations account tweeted some of the highlights. My favorite was this:
When I tweeted about my...
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A canceled trip to Africa won’t be enough to save Jack Dorsey’s job
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Reviewed by Benny
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March 06, 2020
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