Jack Dorsey is the man behind Twitter. However, this was not the case back in the days when social media was still a science fiction concept. The idea of microblogging initially belonged to Evan Williams who later sold his creation to Jack Dorsey for $5 million.

Let’s take a look at what happened behind the scenes after Twitter’s sale to Obvious Corporation (Jack Dorsey, Biz Stone and Evan Williams).

Jack Dorsey’s Early Life

Jack Dorsey was born on November 19, 1976, in St. Louis, Missouri. He is the son of Tim and Marcia Dorsey. His father was a computer scientist and his mother was a homemaker.

Dorsey had an early interest in technology and started programming at the age of 10. When he was 15, he created dispatch, which allowed taxi drivers to send text messages to a central dispatcher.

Jack Dorsey’s Educational Background

Dorsey went to the University of Missouri-Columbia where he studied economics and media art. He dropped out of college in 1999, but later finished his degree through a remote program offered by New York University.

Jack’ Dorsey’s Early Career

In 2000, Dorsey moved to New York City where he worked as a programmer for the web development company Odeo. It was during this time that he came up with the idea of Twitter.

He thought of Twitter as a dispatch service and wanted to find a way for taxi drivers to notify their customers of their arrival. However, it soon became so much more than just a dispatch service.

In March 2000, Dorsey registered the Twitter domain name and later filed the company as Odeo. Moreover, in July 2000, he met Biz Stone who would later become one of his biggest business partners.

In October 2001, Jack Dorsey launched Twitter as a side project from Obvious Corporation along with Evan Williams who came up with the idea to sell ads on the site which eventually made them millionaires.

The Beginning of Twitter

Twitter made its debut on March 21, 2006, and received mixed reviews. However, it wasn’t long before people started to see the potential of the site.

In May 2007, Twitter had 1 million users and in July 2009, it reached 10 million users. By 2012, that number had increased to 200 million users.

Twitter’s Impact on Social Media

Twitter has been credited with changing the way we communicate. It has given people a voice and a way to share their thoughts and ideas with the world.

Twitter has also played a major role in social movements such as the Arab Spring and the Occupy Movement. In fact, the Occupy Wall Street Movement was the first to use hashtags in order to organize and spread their message.

In 2012, Twitter became a publicly traded company which means that a select few people own a part of it. As long as people keep joining Twitter, its value will continue to increase.

Twitter’s Role in Society

Twitter has played an important role in society by giving everyone an opportunity to speak out on issues they are passionate about. It is also used by celebrities who wish to promote themselves or share their opinions with others. Some even claim that it has given them better communication with various public figures such as politicians and athletes.

Twitter’s Sale to Obvious Corporation

Obvious Corporation was a web startup that focused on writing software other companies could use as well as running advertising experiments for these

Twitter’s History

Evan Williams, who was working at Odeo at the time, saw the potential in Dorsey’s idea and decided to create a separate company around it. He called the company Obvious Corporation and appointed Jack Dorsey as CEO.

Biz Stone, another employee at Odeo, also joined Obvious Corporation as co-founder.

Twitter’s Early Days

Twitter was launched in March 2006 and received mixed reviews from the public. However, it soon gained among celebrities and politicians who used it to communicate with their fans and constituents.

In October 2007, Twitter had 1 million users and by July 2009, that number had increased to 10 million users.

In 2012, Twitter became a publicly traded company which means that a select few people own a part of it. As long as people keep joining Twitter, its value will continue to increase.

Controversies Twitter Faced

During the 2016 Presidential Elections, Twitter was accused of censoring certain accounts. Specifically, they were accused of trying to censor right-wing news sources from their Trending Topics section. This led to a lawsuit being filed against them for violating the free speech clause in the First Amendment.

In addition to this whole situation, Democracy Hacked reported that there were over 15 million fake accounts on Twitter created by a bot network that tweeted about political issues and candidates throughout the election season.

Twitter’s Relationship with Trump

Trump has been a big user of Twitter which has led some people to accuse him of using it as his main source of communication instead of going through official channels. In fact, when he was criticized for not having a press conference before entering the White House, he said he would hold one but then changed his mind and made a series of tweets instead.

Twitter’s Relationship with the Press

Although Twitter is technically able to be used by anyone who wants to enter, it has also worked closely with many media organizations in order to provide coverage of important events. For example, NBC news began using Periscope during their election coverage which allowed viewers to watch interviews directly on Twitter rather than on TV.

As far as the relationship between Trump and the press goes, although he was very vocal about his opposition towards them during his campaign, it seems like he’s come around since winning the election because he now frequently gets interviewed by reporters from major networks such as ABC and CBS. Additionally, through Twitter, he’s been able to boast about the things he has accomplished as president which have been taken down by other media outlets.

Twitter’s Competitors

Twitter has a number of competitors, some of which include Facebook, Instagram, Snapchat, and LinkedIn. All of these platforms offer different features that may be more appealing to certain users. For example, Facebook is more popular among older people because it allows them to stay connected with friends and family members who live far away, whereas Snapchat is more popular among younger people because the messages disappear after a certain amount of time.

How Twitter Makes Money

Twitter makes money by running ads on their platform. This means that if you’re a business owner and you want to reach out to a wider audience, you can create an ad that will be shown to people who are using Twitter. Additionally, Twitter also offers paid for businesses who want to have extra features

Jack Dorsey’s Wealth

As of March 2017, Jack Dorsey’s net worth is estimated to be $2.1 billion. He made his money through his various companies, but the majority of it comes from his ownership in Twitter. This number is sure to rise as long as Twitter remains a popular social media platform. In 2021, his worth is predicted to be $6.9 billion which would allow him to reach the ranks of ‘gazillionaire.’

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