@atomicpoet also Jack Dorsey realizing SM can't go live without a block option.
If that's not obvious, maybe he shouldn't have a social media platform.

@atomicpoet the only value of a social network is the people in that network.

So yes, he sold us out.

But he is right, it was his company and companies are always for sale.

So unless we are happy about being traded as commodities, we shall stay away of the centrally commanded social network paradigm.

@atomicpoet Good thread.

@atomicpoet “I didn’t sell out son. I bought in. Keep that in mind.”

@atomicpoet "It's your fault for believing I might have had any integrity to start with"

@atomicpoet I'm continually surprised when people don't understand this.

@atomicpoet actually he did sell us out. He is an idiot. He breached our trust.

@atomicpoet good to know he's just a high priced whore I guess

@atomicpoet More specifically the publicly listed ones (/include some stuff about the Dell move e.g.).

@atomicpoet
Exactly this indeed!

@atomicpoet First of all, he explains why one shouldn't make his company public and let the markets choose what this company does or doesn't do.

@atomicpoet sorry. No. You can have principles and say no even if its a butload of money.

@atomicpoet 👌 you made your money so how about piss off and let someone else have a go.

@atomicpoet also, that's literally what sell out means, so you, in fact, literally, did.

@atomicpoet Or maybe why we shouldn't treat things owned by private companies as public goods? Is he subtly suggesting public ownership is the only sensible alternative? Reverse-enclosures? It really makes you think....

@atomicpoet In the venture capital game, the sell out happens at the very start when you accept venture capital.

#vc #ventureCapital #SiliconValley #SurveillanceCapitalism #BigTech

@atomicpoet I also don't think he understand what a lot of us mean by "sell you out", because "selling to the highest bidder" is well within my definition at least.

@atomicpoet he quite literally sold everyone out and is describing the conditions of sale.

@atomicpoet
Is he listening himself to what he's saying, though?

@atomicpoet fascinating tbh, like, with that admission he's explicitly telling users that he'll sell this weird project to some rich fascist too.

Like, bruh maybe that's actually a structural problem?

@atomicpoet he seems a little sensitive about it, tho.

@atomicpoet the government should designate Twitter and any company with such political bias and control, a public utility. Twitter is a succinct example why they should be.

@atomicpoet <Putin enters the chat>

@atomicpoet strictly speaking he did "sell you out", the message just says that you should have expected it.

@atomicpoet @atomicpoet I don't understand how/why anyone could attribute any merit to this person's mental function after this thread. https://twitter.com/jack/status/1012428138326851585

@atomicpoet Yes, this has always been why I'm wary of public companies. I respect companies who stay private and find ways to fund their endeavors without the enticing crutch of a public offering. Besides being more stable having complete control of their own destiny, it also shows a shrewd resourcefulness with their own finances that seems a far better marker of good leadership than the extremely short term benefit of public cash grab.

@atomicpoet well he's saying the bitter truth and we shouldn't be upset because it's true.

@atomicpoet
A rare instance of a dangerous monopoly breaking itself up.

@atomicpoet This is true, and the precise reason why he sold us out.

@atomicpoet IOW he didn't sell them out by selling to Musk. He sold them out by going public.

Which is why I call IPOs "dumping the company on the public".

@atomicpoet Feels like Jack has been operating with a chip in his shoulder since he got kicked out of Twitter c-suite

@atomicpoet Or explaining why public ownership of companies via shares is a form of aristocracy. Those with money can purchase control and use that power to further concentrate wealth.

@atomicpoet , that actually explains why no one should use a social media platform owned by a single company. There's no need for regulation if users act in their own best interests.

@atomicpoet jack dorsey sold everybody on twitter out A LONG TIME before he sold out to elon

@atomicpoet "I didn't sell you out now. I sold you out before."

@atomicpoet awesome now people can post screen shots from twatter and blue balls instead of just twatter 🙌🏼

@atomicpoet

Ones without morals or ethics are probably.

And they don't give a flying foxbat for their users, customers and staff.

@atomicpoet

Jack Dorsey is full of more shit that a Provençal goose.

@atomicpoet Exactly. He’d sell #Bluesky to Tucker Carlson if the price was right. He probably will!

@atomicpoet
@cpep

Translation: "I am a spineless turd that can't admit I like money more than advancing human culture."

I cant prove it since its long deleted but in 2010 Dorsey liked one of my anti-capitalist tweets, I called him out to put his money where his like button is and that like quickly vanished. I never got random unsolicited follows on that account again.

I wish I kept screens.

@atomicpoet

Billionaires: We would like to buy your network for these big bags of money.

Jack Dorsey: OK.

Eugen Rochko: Get the behind me, Satan.

@atomicpoet True Mammon believer.

@atomicpoet Is he the MySpace guy?

@atomicpoet oddly funny he recycled his old twitter avatar for his recycled twitter launch

@atomicpoet

All social media should be considered public utilities and run under Net Neutrality rules.

@atomicpoet @gedeonm To me, those first two sentences contradict each other. First sentence should read “Of course I sold you out.”

@atomicpoet this reads to me "I didn't sell you out" "of course I sold you out, what did you expect?"

@atomicpoet @deeje That’s what selling out is.

@atomicpoet pathetic. Such an illiterate view on corporate governance. people in the digital space really need to wake up, rebel against those tech bros, and stop enriching them with private data.

@atomicpoet This is just how publically listed companies work. Ultimately if someone is willing to pay over the odds for stock *coygh cough Elon* then people will part with it for the return.

This isn't some personal failing of Jack's, literally what our economic system incentivises and is structured around.

This is a brilliant example of why, if you're to participate in a market, you avoid public ownership like the fucking plague. Stay private. Start a co-op. ANYTHING but a publicly owned corporation.

Sorry Jack, but you absolutely did sell everyone out. Specifically, the very moment you filed for an IPO.

https://mastodon.social/@atomicpoet/110280336832217445

H/T @atomicpoet@mastodon.social

@atomicpoet LOL. I mean, what?!!! You mean he never was some sort of all-knowing guru?!

The man has an eating disorder, and if a woman, would've been called out on it long ago. People need to stop worshipping wealthy people as if they are wise and smart.

@atomicpoet "I'll take 'things billionaires say' for $100, Alex!"

@atomicpoet

I am guessing he wasn't that honest before the sale went through! :blobcatgiggle:

Why does anyone trust corporations? Why do people attach themselves emotionally to money making machines?

@atomicpoet also: no company should be publicly traded, >.>
(Being owned by the public would be okay)

@atomicpoet

I don't get why he couldn't have made Twitter decentralized and FOSS while he ran it. This is why I don't trust him or #BlueSky.

@atomicpoet @matt

And he’s right. 🤷🏻‍♀️

@atomicpoet I did not "do these outrageous things maliciously". All public companies do these outrageous things for money. Always.

@atomicpoet And also technically forgetting the etymology of the phrase "selling out" as in selling your idea or band to investors for a profit once it becomes popular.

@atomicpoet Please let’s stop waiting for the right sociopath to save us. Please let’s all try to remember that being clever about one thing & making a lot of money off it does not equate to having the wisdom to solve all humanity’s problems. Please let’s allow these would-be technocrats to just talk amongst themselves & have their willy-measuring contests in private — while the rest of us IGNORE THEM.

@atomicpoet “I didn’t sell you out, I sold to the highest bidder” is some hot take.

@atomicpoet he's defining sell out and saying it's not a sell out. Completely agree with you.

@atomicpoet he could have taken twitter private