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They saw Dorsey's plan, and liked another plan better. Simple.


Was it plan or execution? I understand he had some very aggressive performance targets to hit too.


I think parent comment is making a joke in reference to HBO’s Succession: https://m.youtube.com/watch?v=5xBrFbNHhYk

The line is a bullshit TV talking point to rationalize (to the markets) an abrupt 180 by one of the characters.


Is it bullshit? The plan the buyers like has a chance of making just a few more dollars for their limited partners than Jack Dorsey's plan and thats why they bought more shares. Simple.


Thanks for the cultural context!




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