(CNN) – Days earlier than he publicly introduced his funding in Twitter, Elon Musk despatched a message to Jack Dorsey. Twitter’s former CEO has steered he now not believes within the firm he based, in keeping with new court docket filings within the authorized battle between Musk and Twitter.
Musk quietly started constructing a big stake in Twitter in January. In a March 26 textual content, Dorsey informed Musk, “A brand new platform is required. It could possibly’t be an organization. That is why I left.”
Musk, an avid Twitter person usually seen as pleasant with Dorsey, responded by asking what the platform ought to seem like. Dorsey defined his place that it ought to be an “open supply protocol” and never depend on an “promoting mannequin,” as Twitter at the moment does. Dorsey added that Twitter “ought to by no means have been an organization,” saying “that was the unique sin.”
Musk has expressed curiosity in advancing the concept. In a textual content later that day, he stated, “I feel it is also value attempting to maneuver Twitter in a greater course and do one thing new that is decentralized.”
The personal exchanges between Dorsey and Musk are amongst a lot of textual content messages launched in court docket filings this week, providing new perception into the Tesla chief’s deal to purchase Twitter for $44 billion and his later try and again out of the deal. The messages additionally supply a singular window into Silicon Valley dealmaking, as a rotating forged of billionaires and business executives slide into Musk’s textual content messages to debate Twitter and, in some instances, casually supply monetary assist for the deal.
Within the days following his personal chat with Dorsey, Musk met with Twitter’s board and management. On April 5, Musk agreed to hitch the corporate’s board, one thing Dorsey has advocated publicly and privately. In a textual content message trade with Musk later that day, Dorsey expressed confidence in Parag Agrawal, his successor as Twitter CEO. Agrawal additionally expressed pleasure in personal texts about Musk becoming a member of the board.
However the relationship between Musk and the Twitter CEO appeared to bitter rapidly.
On April 9, Musk tweeted the query, “Is Twitter dying?” Agrawal adopted up with a tweet that day wherein Musk let it’s recognized that such feedback would make life tough for the CEO.
“You might be free to tweet ‘is Twitter dying?’ or anything about Twitter,” Agrawal stated in a textual content to Musk, “nevertheless it’s my duty to let you know that it does not assist me make Twitter higher within the present context. Subsequent time we speak, I would such as you to offer that [your] perspective on the extent of inner disturbance proper now and the way [it’s] it is hurting our capability to do the job… I would like to see the corporate get to a spot the place we’re extra resilient and we’re not distracted, however we’re not there proper now.”
Musk replied curtly, “What have you ever completed this week?” In two subsequent texts, he rescinded his settlement to hitch the board, saying, “I am not becoming a member of the board. It is a waste of time.” He added: “They will make a proposal to take Twitter personal.”
In a separate trade on the identical day with Twitter chairman Bret Taylor, Musk stated: “Fixing Twitter by chatting with Parag isn’t going to work,” Musk stated. Within the continuation of the textual content, he added: “Drastic actions are wanted.”
Musk and Twitter introduced the takeover settlement April 25. A little bit over two months later, Musk stated he needed out of the deal, citing considerations concerning the variety of bot and spam accounts on the platform. Twitter then sued Musk to drive him to honor the deal.
The 2 sides are scheduled to go to trial over the deal subsequent month.
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