City
Epaper

Musk fired Twitter CEO Parag Agrawal because he was ‘no fire-breathing dragon’

By IANS | Updated: September 7, 2023 10:05 IST

New Delhi, Sep 7 Tesla and SpaceX CEO Elon Musk fired former Indian-origin Twitter CEO Parag Agrawal because ...

Open in App

New Delhi, Sep 7 Tesla and SpaceX CEO Elon Musk fired former Indian-origin Twitter CEO Parag Agrawal because he was not “a fire-breathing dragon” which the social network wanted in order to thrive, according to a new biography of one of the richest billionaires on Earth.

American author-journalist Walter Isaacson has written the book named ‘Elon Musk' which is “an intimate story of the most fascinating and controversial innovator of our era -- a rule-breaking visionary who helped to lead the world into the era of electric vehicles, private space exploration, and artificial intelligence”.

According to excerpts published by the Wall Street Journal, Musk was quite opinionated about Agrawal.

“He is a really nice guy, but managers should not aim to be liked. What Twitter needs is a fire-breathing dragon, and Parag is not that,” he is quoted as saying in Isaacson's book.

In October last year as he acquired Twitter for $44 billion, Musk informed Agrawal and former legal and public policy head Vijaya Gadde (both appointed by Jack Dorsey) that their employment with the company was terminated.

Both the executives were supposed to receive a hefty exit package.

Agrawal was last active on Twitter on October 6, 2022 (with 601.9K followers), and has not been seen active on any other social media platform, including Meta's Threads.

In December last year, Musk released the "Twitter Files" season 2, revealing that the micro-blogging platform had a secret group that included Gadde, then CTO Agrawal and Yoel Roth, former global head of trust and safety, that made controversial decisions including "shadow banning" high-profile users without informing then CEO Dorsey.

Angel investor Alex Cohen tweeted in July this year: "I still can't believe Parag Agrawal only had to be CEO of Twitter from 11 months to then get paid $60 million in severance and now gets to sit back and enjoy this incredible drama".

"Pretty sure he didn't get paid," replied Eric Bahn who calls himself a 'Minivan Enthusiast' at Hustle Fund.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentSussanne Khan says 'discipline will set you free' as she drops glimpse of her workout session

BusinessIndia, New Zealand looking at things afresh for win-win solution in trade talks

NationalIndia, New Zealand looking at things afresh for win-win solution in trade talks

BusinessIndia Steps Into the Future as Atomesus AI Prepares for Launch

EntertainmentSalman Khan to Play Chhatrapati Shivaji Maharaj's Right Hand Jeeva Mahala in Riteish Deshmukh's Raja Shivaji

Technology Realted Stories

TechnologyBitcoin tumbles below $100,000 amid global market sell-off

Technology60pc Gen Z, fresh graduates keen on upskilling, learning AI and data skills in India: Report

TechnologyJapanese researchers successfully regenerate bone using stem cells

TechnologySoftBank shares plunge over 13 pc amid AI stock sell-off

TechnologyLook forward to expediting process for free trade pact with New Zealand: Piyush Goyal