How Twitter is shifting the power balance from companies to their employees

Last week, the worlds of technology and journalism were transfixed by a conflict that played out across across Instagram, Twitter, and the upstart audio-only social network Clubhouse. One reason it generated so much attention — you can read thorough accounts from varying perspectives at Vice, on Quora, or this venture capitalist’s Substack — is that you can approach the drama from so many angles. But despite the best efforts of everyone here, I still think the most clarifying way to understand the story of Steph Korey, Taylor Lorenz, Balaji Srinivasan, venture capital, and Clubhouse has mostly gone unspoken. And those who fail to see it, I think, could be in for a rude awakening of their own.

Let me start with a brief recounting of...

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