A canceled trip to Africa won’t be enough to save Jack Dorsey’s job
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…