Elon Musk fired Parag Agarwal in October 2022.
Months earlier than finishing the buyout of Twitter, billionaire Elon Musk met Parag Agarwal, then CEO of the corporate, over dinner however discovered one key management high quality lacking in him. This has been revealed by Walter Isaacson, a author who spent three years trailing the Tesla CEO for his biography ‘Elon Musk’. The Wall Road Journal (WSJ) has printed an excerpt of the guide together with the small print of Mr Musk and Mr Agarwal’s assembly in March by which the world’s richest man explains what Mr Agarwal lacked.
“He is a very nice man,” stated Mr Musk however one in all his maxims is that managers shouldn’t purpose to be favored, Mr Isaacson wrote, as per the WSJ report.
“What Twitter wants is a fire-breathing dragon and Parag is just not that,” Mr Musk stated after the assembly.
The guide is ready to be printed on September 12.
Twitter’s then board chair Bret Taylor was additionally current on the dinner assembly, Mr Isaacson additional stated.
Each Mr Musk and Mr Agarwal exchanged cordial messages after the assembly, which had been launched in September 2022 as a part of the lawsuit Twitter filed in opposition to Mr Musk.
“Hey Elon – nice to be related instantly. Would love to speak,” Agrawal wrote in a message to Musk on March 27, 2022.
“Nice dinner :),” Mr Musk responded.
However issues went downhill in April when Mr Musk hearth off a tweet from Hawaii, “Most of those ‘high’ accounts tweet not often and submit little or no content material. Is Twitter dying?”
After 90 minutes, Mr Agarwal despatched Mr Musk a textual content message: “You might be free to tweet ‘Is twitter dying?’ or anything about Twitter, however it’s my accountability to let you know that it isn’t serving to me make Twitter higher within the present context.”
Although the message was well mannered and thoroughly worded, Mr Musk shot again, “What did you get completed this week?” It was the final word Musk put-down, as per the WSJ report.
The billionaire additionally stated in one other message, “I am not becoming a member of the board. It is a waste of time. Will make a suggestion to take Twitter personal.”
Mr Agarwal requested if he can speak to Mr Musk. Then Twitter board chair additionally sought “5 minutes” to speak. However he answered, “Fixing Twitter by chatting with Parag will not work. Drastic motion is required.”
A deal was lastly agreed upon to take Twitter personal in October. One of many first issues Mr Musk did was to fireplace Mr Agrawal.