I have no particular beef with Dorsey but I think this would make sense. He's been CEO of both Square and Twitter for years now and no matter what time you wake up in the morning or however many specials diets you undertake you're not going to be able to give the focus a solo CEO is.
I think the bigger issue is who gets to replace him: will it be someone with smart ideas or someone to serve as a puppet of activist investors? I can't find a source right now but I remember at the time Fleets were launched (Twitter's since-removed version of Stories) that the feature was pushed heavily by investors rather than anyone inside the company. If that's true then the next CEO could be a true disaster.
I think the bigger issue is who gets to replace him: will it be someone with smart ideas or someone to serve as a puppet of activist investors? I can't find a source right now but I remember at the time Fleets were launched (Twitter's since-removed version of Stories) that the feature was pushed heavily by investors rather than anyone inside the company. If that's true then the next CEO could be a true disaster.
EDIT: ah, there we are: https://pxlnv.com/linklog/twitter-fleets-elliott-management/, and a deeper read on Elliot Management: https://www.newyorker.com/magazine/2018/08/27/paul-singer-do...