Jack Dorsey's journey from microblogging pioneer to billiona

Jack Dorsey's journey from microblogging pioneer to billiona

Beitragvon geemong » Di Nov 30, 2021 10:11 am

Jack Dorsey's journey from microblogging pioneer to billionaire


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Jack Dorsey on Monday (Nov 29) stepped down as the chief executive officer of Twitter, the social media firm he helped found in 2006 and steer through a high-profile hack and the controversial banning of former United States president Donald Trump.

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Dorsey, who also helms fintech firm Square, will be succeeded by chief technology officer Parag Agrawal.

Here is a timeline of milestones in Dorsey's tenure at Twitter:

2006: Typed out the microblogging platform's first post: "just setting up my twttr".

2008: Co-founder Evan Williams took over as CEO after the board pushed Dorsey out. Dorsey assumed the role of chairman.

2013: Twitter went public at a valuation of US$31 billion.

2015: Dorsey returned as CEO after Dick Costolo stepped down.

2017: A Twitter employee on his last day deactivated then US president Donald Trump's account which was restored 11 minutes later.

2018: Twitter increased the character limit of tweets to 280 from 140, sparking a mixed reaction in Twitterverse.

2020: Activist hedge fund Elliott Management pushed for changes, including the removal of Dorsey as CEO.

2020: Twitter reached an agreement with Elliott to add three new directors for letting Dorsey stay on as CEO.

2021: In the wake of the riots at the US Capitol, Twitter permanently suspended Trump's account, with the company citing a risk of further incitement of violence.
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