The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now!


Newly permanent Twitter CEO Jack Dorsey announced today that he’s returning 1/3 of his stake in Twitter to the company’s employee equity pool. The reason for this move, Dorsey said, is “to reinvest directly in our people.”

Last week Dorsey said he would hand over more than 50 percent of his stake in Square to help underserved communities. What a nice young man.

Later, Jack said he’d “rather have a smaller part of something big than a bigger part of something small. I’m confident we can make Twitter big! [peace sign emoji].”

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member