Twitter’s Jack Dorsey Has A New Nemesis : Hedge Fund Billionaire Paul Singer
▻https://www.forbes.com/sites/abrambrown/2020/02/29/twitters-jack-dorsey-has-a-new-nemesis-hedge-fund-billionaire-paul-singer/#7768258e27d8
A battle of the billionaires may be starting at Twitter. Hedge funder Paul Singer has taken in a stake in the social media company—and now wants to replace Jack Dorsey as Twitter CEO and grab four board seats. Dorsey is an unconventional CEO, splitting his time running both $26 billion (market cap) Twitter and $36 billion Square, the digital payments company. This arrangement is part of the reason that Singer’s firm Elliott Management is pushing for change. Another is Dorsey’s stated desire (...)