They have talked about some parts of it. They got funding from Twitter under his direction and got to keep the funds when Twitter bailed on their side of the contract as Musk bought it (the initial plan was to move Twitter to a new protocol)
It’s a public benefit corporation. Jack can’t legally do much at all after having left the board
73ms@sopuli.xyz 1 day ago
yeah I’m aware… doesn’t really refute anything I said. If he holds a share then he can do what any investor can do and how much he can do depends on how big his share of the company is.
Natanael@infosec.pub 1 day ago
No, public benefit corporations specifically don’t work like that. They’re comparable to non profits in that manner
73ms@sopuli.xyz 1 day ago
They’re not. In practice PBC status doesn’t really limit them very much at all and is nothing like nonprofit.
Natanael@infosec.pub 20 hours ago
That really depends on the state and company bylaws. It’s not just a label.
bsky.social/about/faq
The existing team (which jack isn’t on) owns it, and nobody from Twitter has influence over it