Jack Dorsey is leaving the board of Twitter, effective today. The move had been telegraphed last fall, when he stepped down as the social media company's CEO.
The big picture: Dorsey is friendly with Elon Musk, who's in the midst of a controversial takeover of the social media giant and has discussed rolling over his 2.4% ownership stake into the deal.
Flashback: When he resigned from his CEO position last fall, Dorsey said founders leading tech firms is "severely limiting and a single point of failure" for tech companies.
What's next: Dorsey's next move remains unclear.
- Dorsey has been supportive of Musk's acquisition of Twitter.
