Tag Archives: Dick Costolo

What Will Twitter’s Latest Corporate Shake-up Mean?

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Twitter has experienced another leadership change, this time losing two members from its board. The two investors, Fred Wilson, a principal at Union Square Ventures, and Bijan Sabet, a general partner at Spark Capital, had championed the company since the beginning. “Bijan Sabet and Fred Wilson both played important and greatly appreciated roles in our success,” Twitter told AllThingsD.  “Both saw what Twitter could become before most anyone else. We look forward to their continued input as both investors in the company and passionate users of the product.” READ MORE »

Twitter Has 100 Million Active Users. There’s Bad News, Too.

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Twitter proudly announced today that 100 million active users regularly reduce their thoughts to 140 characters. This represents “a 100 million reasons to celebrate,” according to a post on Twitter’s company blog. Others stopped short of popping champagne corks over this news, as you might consider this as just clever marketing. READ MORE »

Biz Stone Steps Down From Twitter to Relaunch Obvious

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Biz Stone is leaving Twitter to start a new venture with fellow original Twitter developers Jason Goldman and Evan Williams. Actually, let’s back up: The trio are leaving to re-start an old venture, the Obvious Corporation, from which Twitter actually sprung as a side project. The Obvious Corporation was created by Williams in 2006 to repurchase the assets of a failed podcasting site called Odeo; the Odeo crew cooked up Twitter during a hackathon, and the company grew within Obvious until it demanded enough attention to be spun off into its own company. READ MORE »