Twitter vs Elon Musk: Read the messages shared between Parag Agrawal and the Tesla CEO – Times of India
As part of the Twitter lawsuit which is currently going on, some of Elon Musk’s private messages have been released in public, as per a report by Engadget. The messages include the ones Musk got from Twitter CEO Parag Agrawal and Jack Dorsey and his responses to them too. Some of these private messages were revealed in a court filing on Thursday.
In one of the messages, this is what Twitter CEO Parag Agrawal wrote to Elon Musk:
“You are free to tweet “is Twitter dying?” or anything else about Twitter – but it’s my responsibility to tell you that it’s not helping me make Twitter better in the current context. Next time we speak, I’d like to you provide you [sic] perspective on the level of the internal distraction right now and how it [sic] hurting our ability to do work. I hope the AMA will help people get to know you, to understand why you believe in Twitter, and to trust you – and I’d like the company to get to a place where we are more resilient and don’t get distracted but we aren’t there right now.”
After a minute, Musk responded with this: “What did you get done this week? I’m not joining the board. This is a waste of time. Will make an offer to take Twitter private.”
As per the report, Twitter board chair Bret Taylor requested a chat with Elon Musk a few minutes later. In that conversation, Musk said: “Fixing Twitter by chatting with Parag won’t work. Drastic action is needed. This is hard to do as a public company, as purging fake users will make the numbers look terrible, so restructuring should be done as a private company. This is Jack’s opinion too.”
What Jack Dorsey said
This brings us to Twitter co-founder and former CEO Jack Dorsey. The messages have also revealed Dorsey’s conversations with Musk. From the texts, it is clear that Dorsey wanted Musk to join Twitter’s board of directors long before the Tesla CEO got a stake in the company.
In late March, after Musk had acquired a stake in Twitter but before going public with it, this is what Dorsey wrote to him:
“Back when we had the activist come in, I tried my hardest to get you on our board and our board said no. That’s about the time I decided I needed to work to leave, as hard as it was for me. I think the main reason is the board is just super risk averse and saw adding you as more risk, which I thought was completely stupid and backwards, but I only had one vote, and 3% of company, and no dual class shares. Hard set up. We can discuss more.”
The activist Dorsey is referring to looks to be Elliott Management, the investor that attempted to oust Dorsey in the beginning of 2020.
On Parag Agrawal
In April, Dorsey also reportedly “attempted to play mediator between Musk and Agrawal”, and even arranged a call between the three of them once. “You and I are in complete agreement,” Musk said to Dorsey: “Parag is just moving far too slowly and trying to please people who will not be happy no matter what he does.”
“At least it became clear that you can’t work together,” Dorsey later wrote. “That was clarifying.”
In one of the messages, this is what Twitter CEO Parag Agrawal wrote to Elon Musk:
“You are free to tweet “is Twitter dying?” or anything else about Twitter – but it’s my responsibility to tell you that it’s not helping me make Twitter better in the current context. Next time we speak, I’d like to you provide you [sic] perspective on the level of the internal distraction right now and how it [sic] hurting our ability to do work. I hope the AMA will help people get to know you, to understand why you believe in Twitter, and to trust you – and I’d like the company to get to a place where we are more resilient and don’t get distracted but we aren’t there right now.”
After a minute, Musk responded with this: “What did you get done this week? I’m not joining the board. This is a waste of time. Will make an offer to take Twitter private.”
As per the report, Twitter board chair Bret Taylor requested a chat with Elon Musk a few minutes later. In that conversation, Musk said: “Fixing Twitter by chatting with Parag won’t work. Drastic action is needed. This is hard to do as a public company, as purging fake users will make the numbers look terrible, so restructuring should be done as a private company. This is Jack’s opinion too.”
What Jack Dorsey said
This brings us to Twitter co-founder and former CEO Jack Dorsey. The messages have also revealed Dorsey’s conversations with Musk. From the texts, it is clear that Dorsey wanted Musk to join Twitter’s board of directors long before the Tesla CEO got a stake in the company.
In late March, after Musk had acquired a stake in Twitter but before going public with it, this is what Dorsey wrote to him:
“Back when we had the activist come in, I tried my hardest to get you on our board and our board said no. That’s about the time I decided I needed to work to leave, as hard as it was for me. I think the main reason is the board is just super risk averse and saw adding you as more risk, which I thought was completely stupid and backwards, but I only had one vote, and 3% of company, and no dual class shares. Hard set up. We can discuss more.”
The activist Dorsey is referring to looks to be Elliott Management, the investor that attempted to oust Dorsey in the beginning of 2020.
On Parag Agrawal
In April, Dorsey also reportedly “attempted to play mediator between Musk and Agrawal”, and even arranged a call between the three of them once. “You and I are in complete agreement,” Musk said to Dorsey: “Parag is just moving far too slowly and trying to please people who will not be happy no matter what he does.”
“At least it became clear that you can’t work together,” Dorsey later wrote. “That was clarifying.”
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