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There's no option "No you don't need to step down, just start running it well please, letting people say whatever they want".

There's no evidence "just start running it well please" is possible.

Do you mean that it's impossible to run Twitter well? Why is that, especially without needing to answer to shareholders.

Impossible in the abstract sense? No.

Impossible in its current state with its current leadership? All signs point to yes.