Twitter 'Unabomber' says all its largest investors want Jack Dorsey to be CEO
Asa Mathat All Things Digital
On Friday, early investor Chris Sacca unleashed yet another tweetstorm urging the board to appoint cofounder Jack Dorsey, who Sacca claimed has the support of the company's "largest investors."
Sacca also blasted the board for taking so long and said it should be "refreshed with people who have actual skin in the game."
Dorsey has been serving as Twitter's interim CEO since Dick Costolo resigned as CEO in June. While he is considered a leading contender for the full time CEO gig, his candidacy has been complicated by the fact that he is also the CEO of digital payments company Square, which is reported to be preparing for a public offering in the next few months.
Sacca also addressed concerns that Dorsey could have trouble running Twitter while doing double duty at Square, saying he "has been running both companies for months and both are doing great."
Sacca has been vocal and increasingly critical about Twitter since before Costolo resigned in June. According to a recent Vanity Fair report, Twitter's board of directors has taken to calling Sacca the "unabomber" because of his regular barrages of opinionated tweets that they feel has been destructive to the company's image.
Pressure is mounting for Twitter to appoint a permanent leader as executives jump ship, morale suffers, and the company's stock gets pummeled.
Here are some of the tweets from Sacca's latest:
Headed into yet another weekend without a permanent Twitter CEO.
- Chris Sacca (@sacca) September 11, 2015
For months, the board has either refused or been unable to declare a permanent CEO.
- Chris Sacca (@sacca) September 11, 2015
He has the full support of the key players at Twitter and its largest investors.
- Chris Sacca (@sacca) September 11, 2015
The market knows that @jack has such strong teams at both @Square and @Twitter that he can run both companies. This is settled.
- Chris Sacca (@sacca) September 11, 2015
No. But the @Twitter board needs to be refreshed with people who have actual skin the in the game. https://t.co/5C3hqEdoJD
- Chris Sacca (@sacca) September 11, 2015
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