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Former Twitter CEO Jack Dorsey Visual China Data Map

　　In order to win the lawsuit, Musk brought in a big rescuer - former Twitter CEO Jack Dorsey.

　　On August 22, local time, according to the Wall Street Journal, Elon Musk’s legal team sent a subpoena to his friend and former Twitter CEO Jack Dorsey. This means that in the October 17 trial, Dorsey will likely help Musk defend and "fight" with his old club.

Subpoena for Jack Dorsey

　　Dorsey was asked to provide three categories of content

　　According to public documents, Musk asked Jack Dorsey to provide evidence of acquisitions, fake accounts, and user numbers.

　　In terms of acquisition transactions, documents and communication records related to the acquisition transaction should be provided, including the acquisition agreement, evidence of Musk’s holding of Twitter shares, and documents of Musk as a member of Twitter’s board of directors.

　　For fake accounts, it is necessary to provide documents and communication records on the impact of fake accounts on Twitter’s business, as well as proof of Twitter’s process for evaluating and marking fake accounts.

　　In terms of the number of users, it is necessary to provide mDAU (profitable daily active users) related documents and communication records, such as mDAU and Twitter revenue related information, mDAU performance goals and future plans, mDAU and executive compensation related information, etc. . In addition, key user quantity indicators other than mDAU need to be provided, such as the number of daily active users, the number of monthly active users, the number of daily user participation, the number of monthly user participation or the number of advertising participation.

　　Intensive preparations for October trial

　　Since Musk announced in July that he would terminate the acquisition of Twitter, the two sides have engaged in a protracted tug of war. The acquisition is expected to be heard in the Delaware Chancery Court on October 17, local time, for a period of five days.

　　At present, Musk and Twitter are intensively collecting evidence and subpoenaing important people.

Musk's vision of China

　　Last week, Musk made a small victory. A Delaware Chancery Court judge ordered Twitter to provide information about former consumer products general manager Kayvon Beykpour. Beykpour, described as one of the executives "most closely involved" in tallying Twitter's spam accounts, is a key figure in the statistical assessment of the number of fake Twitter accounts.

　　According to a document released on Aug. 22, Musk’s legal team has subpoenaed Bruce Falck, Twitter’s former head of revenue products. Beykpour and Falck both left Twitter in May.

　　In addition, on August 18, Musk’s lawyers also sent subpoenas to New York-based ad analytics firms Integral Ad Science and DoubleVerify, asking them to provide assessment data about Twitter’s user base.

　　Twitter is not to be outdone. In early August, Twitter issued dozens of civil subpoenas to a number of international banks, including Morgan Stanley's subsidiary, Brookfield Asset Management, a co-investor in the acquisition.

　　According to the "Washington Post", Twitter also subpoenaed a number of Musk's Silicon Valley friends, asking them to provide communication records related to the acquisition, including well-known venture capitalist, well-known technology entrepreneur, Netscape founder Marc Andreessen, well-known venture capitalist Investor and founder of DFJ Steve Jurvetson, as well as well-known Silicon Valley venture capitalists Chamath Palihapitiya, David Sacks, Jason Calacanis, etc.

　　ex club vs good friend

　　Musk and Dorsey have been friends for many years, and the two have publicly expressed their appreciation for each other many times because of their love for Bitcoin and blockchain technology.

　　Dorsey is stepping down as CEO for the second time in November 2021, and former CTO Parag Agrawal will take over as CEO. Dorsey was ousted by co-founder Ev Williams and board member Fred Wilson in 2008, and returned as Twitter CEO in 2015.

　　After this departure, Dorsey will focus on his own mobile payment company Block. But at the same time, he is still paying close attention to the dynamics of his old club’s Twitter.

　　In April of this year, he tweeted criticism of the company's leadership, retweeting comments from netizens that Twitter's board of directors was full of "conspiracies and coups", and replied, "This has always been Twitter's ills."

　　For Musk's acquisition of Twitter, Dorsey expressed his support with great fanfare. On April 26 this year, a day after Twitter agreed to be acquired, Dorsey tweeted, "Twitter has always been my heartbreak and my biggest regret. Because it has always been 'swayed' by Wall Street and the advertising model. . Musk taking Twitter back from Wall Street is a very good move.”

　　He also said, "In principle, I don't think Twitter should be owned or operated by anyone, it should be a public good, not a company. If you have to give Twitter to someone, Musk is me. The only one to trust."

Dorsey publicly supports Musk Source: Twitter

　　As early as 2016, when Dorsey was speaking at the digital marketing exhibition Dmexco in Cologne, Germany, he made a generous gesture to Musk, calling Musk one of his favorite Twitter users.

　　One of Twitter’s goals, Dorsey said, is for high-profile corporate and government leaders to become “grounded and human” through the platform, which he believes Musk has done. "He loves to talk to netizens and is the most 'open' boss."

　　In 2020, Dorsey invited Musk as a "mystery guest" to attend the company's internal strategic reform discussion by video connection. At this meeting, Musk put forward his own opinions, hoping to distinguish between real users and fake users. The "number of fake users" is at the heart of the recent Twitter-Musk acquisition case.

　　After Musk joined Twitter’s board in April, Dorsey also sent his blessings to him. Dorsey is arguably one of Musk's biggest advocates for taking over Twitter.

　　Likewise, Musk has been extremely supportive of Dorsey. In 2020, Elliott Management, an American activist investment agency, bought about $1 billion in Twitter shares, calling for a massive board reshuffle and the removal of Dorsey as CEO.

　　Musk publicly supported Dorsey, tweeting, "I just want to say I support Dorsey as Twitter CEO because he has a good heart."

Musk backs Dorsett Source: Twitter

　　On one side is the old club who has left twice and still seems to be dissatisfied, and on the other side is a friend who often shouts from the air and has a common goal, what will Jack Dorsey, who is standing at the crossroads, choose?