Someone Tried To Buy Twitter In 2008 But Evan Williams Talked The Board Out Of It With An "Amazing Memo"Posted by: siliconalleyinsider in 13
Someone tried to buy Twitter right after co-founder Evan Williams took over the CEO job from co-founder Jack Dorsey in late 2008, Twitter board member Fred Wilson discloses in a blog post about leadership traits.
But Williams helped talk the board out of accepting the deal with an “amazing memo.”
Smart move, given how much Twitter’s value has grown since then.
“Another key strategic issue is whether to sell the business or keep going as an independent company,” Wilson writes. “Just after Twitter’s leadership passed from Jack Dorsey to Evan Williams, Twitter was faced with that issue. Evan Williams wrote an amazing memo to the board on the subject at that time that is among the strongest acts of founder leadership I have ever witnessed.“
This is the first time we’d heard about this memo. Anyone have a copy? We’d love to read it. You can reach us at email@example.com. Anonymity guaranteed.
CORRECTION: An earlier version of this post said that someone had tried to buy Twitter LAST FALL, which isn’t what Wilson wrote. (For a few moments, we had thought that Wilson was referencing Twitter’s most recent CEO change, to Dick Costolo from Evan Williams. But that’s not what Wilson’s post says.) We apologize for the error.
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