founder has admitted that the social media company's many failures were his fault - before immediately blaming one of the tech firm's activist investors. In a blog post published Tuesday, Dorsey owned up to allowing the company to stray from preserving free of speech, but added that he only allowed that to happen when he 'no longer had hope' maintaining it after an unnamed investment group bought up stock in the company in 2020.Dorsey did not specify which company that was, but he was likely pointing to the $55billion Elliot Management, which that year bought a majority share in Twitter for $387million under the direction of managing partner Jesse Cohn, who then set about trying to oust Dorsey.
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