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


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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