The Intelligence from The Economist The house that Jack built: Twitter’s founder departs
Dec 1, 2021
Alexandra Sewitch-Bass, a senior correspondent for politics and technology, shares insights on the significance of Jack Dorsey's departure from Twitter and the challenges new CEO Parag Agrawal may face. Richard Enzer, who covers Eastern Europe, analyzes Ukraine's improving military readiness amidst rising tensions with Russia. The discussion also touches on the historical context of the conflict and implications for Eastern European stability, alongside insights into the world’s costliest cities like Tel Aviv.
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Founder's Role
- Jack Dorsey's departure from Twitter signals a potential new era for the company.
- It also challenges the idea that founders are always the best to lead their companies.
Investor Pressure
- Investor pressure likely contributed to Dorsey's exit due to Twitter's underperforming stock.
- His part-time focus, split with Square, proved challenging for Twitter's turnaround.
New CEO's Expertise
- Parag Agrawal, Twitter's new CEO, is a computer engineer with a PhD from Stanford.
- His technical expertise is crucial for a company where technology is paramount.