qinbafrank
qinbafrank|2月 27, 2026 02:02
Why do you feel sorry for Jack Dorsey? It's because I think he could have gained greater reputation and should continue to lead the development of the industry. 1. As the most talked about founder and CEO of Silicon Valley in the entire decade, after Musk, he founded two publicly traded companies, Twitter (the predecessor of the X platform) and Square (now renamed Block), with the highest market value of Twitter reaching four to five hundred billion US dollars and the highest market value of Block approaching 200 billion US dollars. The undisputed Silicon Valley golden boy may have had even greater influence than Musk 16 or 17 years ago. There was also a saying that he was the founder known as a demigod after Steve Jobs. 2. In fact, Dorsey supported Bitcoin earlier than Michael Saylor and was also one of the Silicon Valley giants who supported Bitcoin and the cryptocurrency industry in the 20-21 cycle. Block's Cash App was also the first mobile finance application to support direct trading of BTC and ETH, and Blcok was the first US listed company to announce the purchase of Bitcoin as a reserve; Moreover, Dorsey personally promoted two encryption projects: Bluesky, a decentralized social application initiated by Dorsey himself, but completely withdrew in 2024; And his most favored Nostr protocol still has a very niche user base and ecosystem, with almost no mainstream breakthrough. This has rendered all of his idealistic experiments on the 'next generation Twitter' over the past few years futile. I don't know if it also affects his mood. Afterwards, he rarely spoke up on social media. 3. Of course, Dorsey's management style has been criticized a lot. When he served as CEO of Twitter in earlier years, he was also full of twists and turns, and had not been dismissed by the board of directors before being reappointed. In the early stages, management problems were caused by lack of experience and scattered energy, while democratic management in the later stages had innovative advantages, it was also questioned due to efficiency and strategic execution issues. It seems that democratic management is also a big problem in Block Company now. Perhaps as the truant @ TJResearch said, he was not a good manager, but he was indeed a far ahead innovator. Perhaps his era has also passed, I just hope that the former king can return again. Nothing else, just feeling emotional.
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