Jack's personal news

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 29 November 2021

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Well, so much for a relaxed post-holiday week on Monday. News broke this morning that Twitter CEO Jack Dorsey is stepping down from the company entirely. The company's CTO, Parag Agrawal, will be taking over at the helm. Saleforce exec Bret Taylor will take over as board chairman. So, Amanda and Natasha and Alex jumped into onto the mics -- and, ironically, a Twitter space -- to riff on all things Jack and future of Twitter. From the show: Crypto and the CTO, what can we read from the tea leaves? Jack's dual role, and its detractors. The fact that Twitter's product work has been great lately, which we don't want to stop. When is a good time to leave a company, is it on the up and up or when things are quiet? And, finally, Jack's somewhat biting words regarding founder-led companies, which are, frankly, a bit at odds with his own behavior until now. The show is back on Wednesday, unless some other major CEO resigns. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Hello and this is an Equity shot. We are live on a Twitter space because Twitter is making news. No, it's not another small acquisition or a feature update or the fact that they still haven't given tweet deck all the love that it deserves.
0:25.0	No, ladies and gentlemen, my friends, Jack is stepping down.
0:28.0	And with me today to talk about this I have the ever-present and excellent Natasha Moscuanus.
0:33.2	Natasha hello, how is Jersey?
0:35.4	Jersey is even better since you started this podcast with alliteration.
0:38.5	I'm just so happy to be here.
0:40.2	It's exactly my type of spot.
0:42.1	Ah yes, my caffeine has kicked in.
0:45.0	Also on the show we have Amanda Sliverling.
0:46.0	Amanda and I covered this breaking news this morning.
0:49.0	Amanda, say hello and tell everyone where you are.
0:51.0	Hello, I am currently with family in Florida where it is about 70 degrees, which is about as cold as it gets here.
1:00.0	It's been under 32, which is zero in European standard, and I've been phrasing cold.
1:06.3	Anyways.
1:07.3	Enough about all that.
1:08.6	The big news that Jack announced this morning, that he's going to step down as CEO of Twitter and that he will be
1:14.9	leaving the board in a couple of months. Natasha, so we saw this break as a
1:19.2	rumor and then pretty quickly confirmed. How did you feel initially?
1:22.8	Oh my gosh, I feel like Jack is obviously a first name known CEO, so whenever one of those people
1:30.3	stepped down, it's insane news. But I think his choice to also leave the board of
1:34.8	directors was like a double whammy for lack of better phrasing.
1:38.8	Usually you see CEOs of this prominence when they leave to still have a foot in the business but the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from TechCrunch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of TechCrunch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.