The transition from Twitter being a publicly traded company led by CEO Parag Agrawal to a privately-held company owned by billionaire Elon Musk has been anything but smooth and drama free.
Musk’s purchase, which is widely expected to close by the end of 2022, has been the cause of contention among shareholders Twitter employees who have been vocal about their concerns for the company moving forward.
It seems as though some of these concerns were well-founded last week when Agrawal told employees that two top Twitter execs — Kayvon Beykpour (general manager of consumer) and Bruce Falck (revenue product lead — would be leaving the company, shortly after Musk himself explained that his bid on the company was “on hold” pending an accurate report of what percentage of Twitter users are actually bots and spam accounts.
Agrawal did not publicly comment on the matter at the time but took to Twitter over the weekend to break his silence regarding Musk’s deal and the departure of the employees, noting that he does “expect the deal to close.”
Dispatches From The Front 