Two Twitter Founders Trade Places

Advertisement
By Claire Cain Miller, New York Times | Updated: 11 June 2012 16:38 IST
Highlights
  • As Twitter tries to manage its explosive growth, two of the company’s founders have traded roles.
As Twitter tries to manage its explosive growth, two of the company's founders have traded roles.

Jack Dorsey, who conceived the idea for Twitter but was ousted as chief executive in 2008, said on Monday that he was returning to the company as head of product development. He has remained a Twitter director but has not been involved in daily operations.

Evan Williams, who had been overseeing products, has stepped back from working at Twitter on a daily basis, though he will remain a director, according to the company.

It is a crucial time for Twitter, which has faced criticism from users over the placement of ads and from software developers over its changing rules for building applications. With Mr. Dorsey, the company is returning to its roots.

"It was a tragedy for the period of two years when he wasn't involved with the company that we were missing the founder," said Peter Fenton, a board member and a partner at Benchmark Capital, an investor in Twitter. "Getting Jack back kind of completes the picture of getting us focused on the next phase of the company's growth."

Mr. Dorsey's return is also a personal triumph. Until recently, he has spent little time at Twitter, and his relationship with Mr. Williams has been tense at times.

Mr. Dorsey started a new company, Square, which turns cellphones into credit card readers. He will remain chief executive there.

Mr. Williams, meanwhile, has been spending a sabbatical at Lake Tahoe in California, where he is considering a new start-up idea, according to people with knowledge of Twitter's internal operations.

Twitter confirmed that Mr. Williams, who remains the largest shareholder, had been less involved for a couple of months but said that he continued to provide strategic advice. When he stepped down as chief executive last year and gave the role to Dick Costolo, a more business-minded executive, he said he was most passionate about building new products.

While Mr. Williams has been away from the office, Mr. Dorsey and Mr. Costolo forged a close relationship and suggested to the board that Mr. Dorsey return. Mr. Dorsey declined to comment, but privately he has said that he has regretted not being a part of Twitter's recent growth and that Twitter has made some mistakes in designing the simplest product and not listening enough to what its users wanted.

People who have worked with Mr. Dorsey say he has an uncanny eye for technology product innovations. His role will also be to ensure that advertising does not diminish Twitter's core product.

Mr. Dorsey's title will be executive chairman. "Twitter's three co-founders -- Ev Williams, Biz Stone and Jack -- have unselfishly played whatever role was most needed at the time to nurture the company and help the product reach its full potential," the company said in a statement.

Mr. Dorsey will split his time between Square and Twitter, whose offices are walking distance from one another in San Francisco. Kay Luo, a spokeswoman for Square, said, "Square remains his top priority."

Fittingly, Mr. Dorsey confirmed his new role, which The New York Times reported last week, in a post on Twitter on Monday. "Today I'm thrilled to get back to work at @Twitter leading product as executive chairman. And yes: leading @Square forevermore as C.E.O.," he wrote. 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Instagram Finally Supports Multiple Captions on Carousel Posts
  2. Save The Tigers 3 OTT Release: Priyadarshi, Abhinav Gomatam Return With a Fun Fantasy
  3. Redmi K90 Ultra Roundup: Launch Date, Expected Price, Specifications
  4. GTA 6 Website Shows New Look at Vice City, Removes Release Date Mention
  1. Save The Tigers 3 OTT Release: Where to Watch the Telugu Comedy Drama Online
  2. Mareechika OTT Release: Where to Watch the Telugu Mystery Crime Thriller Online?
  3. Ginny Wedss Sunny 2 Out on OTT: Where to Stream This Romantic Comedy Drama Online
  4. Redmi K90 Ultra Roundup: Launch Date, Expected Price, Specifications
  5. JWST Watches HD 80606 bExoplanet Heat Up by 1,100 Degrees in Hours
  6. Reliance's Jio Platforms Files for Record $4 Billion IPO
  7. Nothing Teases Launch of Mysterious New “b” Product Series in India
  8. WhatsApp Begins Testing Online Indicator, New Feature to Manage Chat Backups on Android
  9. Rockstar Games Shares New Look at Vice City on GTA 6 Website, Removes Release Date Mentions
  10. UAE Reportedly Cracks Down on Social Media Use for Children Under 15, Mandates Age Verification
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.