Jack Dorsey: The Man Behind Twitter and Square

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31 Mar 2024

Jack Dorsey is an American entrepreneur and business magnate who is best known as the co-founder and CEO of Twitter, Inc. and the co-founder and CEO of Square, Inc. Dorsey was born in St. Louis, Missouri, on November 19, 1976. He attended the University of Missouri–Rolla for two years before transferring to New York University, where he studied computer science.

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Jack Dorsey

In 2006, Dorsey co-founded Twitter with Noah Glass, Biz Stone, and Evan Williams. Twitter is a social networking service that allows users to post short messages, called tweets. The service quickly gained popularity and now has over 330 million active users.
In 2009, Dorsey co-founded Square with Jim McKelvey. Square is a mobile payment company that allows businesses to accept credit card payments using a smartphone or tablet. Square has processed over $100 billion in payments since its inception.
Dorsey is a vocal advocate for Bitcoin and other cryptocurrencies. He believes that Bitcoin has the potential to revolutionize the global financial system. In 2018, Dorsey co-founded Square Crypto, a team dedicated to building open-source software and hardware for Bitcoin.
Dorsey is also the founder of Start Small, a non-profit organization that provides grants to small businesses. He is a member of the board of directors of The Walt Disney Company and the World Economic Forum.
Dorsey's Accomplishments

Co-founded Twitter, Inc.
Co-founded Square, Inc.
Co-founded Square Crypto
Founded Start Small
Member of the board of directors of The Walt Disney Company
Member of the board of directors of the World Economic Forum

Dorsey's Net Worth
As of March 2023, Jack Dorsey's net worth is estimated to be $5.1 billion.
Dorsey's Awards and Honors

2008: Crain's New York Business "40 Under 40"
2013: Time 100
2014: Fortune "40 Under 40"
2015: Forbes "World's Most Powerful People"
2016: The Wall Street Journal "Innovator of the Year"

Dorsey's Quotes

"The best way to predict the future is to create it."
"It's not about ideas. It's about making ideas happen."
"The best way to get started is to quit talking and start doing."
"If you're not embarrassed by the first version of your product, you've launched too late."
"Don't be afraid to fail. It's not the end of the world, and in many ways, it's the first step toward learning something and getting better at it."

Jack Dorsey is a visionary entrepreneur who has had a major impact on the technology industry. He is the co-founder of two successful companies, Twitter and Square, and he is a vocal advocate for Bitcoin and other cryptocurrencies. Dorsey is a role model for aspiring entrepreneurs and he is sure to continue to make a difference in the world in the years to come.

Twitter: A History

Twitter was founded in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams. The idea for Twitter came from Dorsey's frustration with the lack of real-time communication tools available at the time. He wanted to create a way for people to share short updates about what they were doing.
The first version of Twitter was called twttr. It was a simple web-based application that allowed users to send and receive text messages of up to 140 characters. The service was initially used by a small group of friends and colleagues, but it quickly gained popularity.
In 2006, Twitter was officially launched at the South by Southwest (SXSW) festival in Austin, Texas. The service was an instant hit and quickly gained a following among celebrities and tech users. By the end of 2006, Twitter had over 200,000 users.
Growth and Expansion
In 2007, Twitter launched its first mobile app. The app made it easy for users to send and receive tweets from their phones. This led to a significant increase in the number of Twitter users. By the end of 2007, Twitter had over 5 million users.
In 2008, Twitter launched its advertising platform. This allowed businesses to promote their products and services to Twitter users. The advertising platform was a major success and helped Twitter generate revenue.
In 2009, Twitter launched its retweet button. This allowed users to easily share tweets with their followers. The retweet button helped to make Twitter a more viral platform.
In 2010, Twitter launched its trending topics feature. This allowed users to see what topics were being talked about the most on Twitter. The trending topics feature helped to make Twitter a more real-time platform.
In 2011, Twitter launched its verified accounts feature. This allowed businesses and celebrities to verify their accounts. The verified accounts feature helped to make Twitter a more trusted platform.
In 2012, Twitter launched its Vine app. This allowed users to create and share short videos. Vine was a popular app, but it was discontinued in 2017.
In 2015, Twitter launched its Moments feature. This allowed users to create and share collections of tweets. Moments was a popular feature, but it was discontinued in 2018.
In 2016, Twitter launched its live video feature. This allowed users to broadcast live video to their followers. The live video feature is a popular way for users to share news and events.
In 2017, Twitter launched its Twitter Lite app. This is a lightweight version of the Twitter app that is designed for users with slow internet connections. Twitter Lite is a popular app in developing countries.

In 2020, Twitter launched its Fleets feature. This allowed users to share tweets that disappeared after 24 hours. Fleets was a popular feature, but it was discontinued in 2021.
Twitter Today
Today, Twitter is one of the most popular social media platforms in the world. It has over 330 million active users and it is used by people all over the world to share news, information, and opinions.
Twitter is a powerful tool that can be used for a variety of purposes. It can be used to connect with friends and family, to learn about current events, to promote businesses, and to make a difference in the world.
The Future of Twitter
Twitter is constantly evolving and it is always looking for new ways to improve its platform. The company is working on new features that will make Twitter more engaging, more informative, and more useful.
Twitter is a powerful tool that has the potential to change the world. It is a platform that can be used to connect people, to share information, and to make a difference.

Twitter to be sold to Elon Musk for $44 billion

Elon Musk, the world's richest man, has reached an agreement to buy Twitter for $44 billion. The deal is expected to close later this year.
Musk is a controversial figure, and his purchase of Twitter has been met with mixed reactions. Some people are concerned that Musk will use Twitter to spread misinformation and hate speech. Others believe that Musk will make Twitter a more open and free platform for speech.
Only time will tell what Musk will do with Twitter. But one thing is for sure: the deal is a major turning point in the history of the social media platform.
The Sale of Twitter
The sale of Twitter has been a long and winding road. In April 2022, Musk made an unsolicited offer to buy Twitter for $54.20 per share. Twitter's board of directors initially resisted the offer, but they eventually agreed to a sale in April 2022.
The deal is expected to close later this year. Once the deal is finalized, Musk will take Twitter private.
What Does This Mean for Twitter?
It's still too early to say what Musk will do with Twitter. However, he has made some hints about his plans for the platform.
Musk has said that he wants to make Twitter a more open and free platform for speech. He has also said that he wants to crack down on spam and bots on the platform.
Musk's plans for Twitter have been met with mixed reactions. Some people are concerned that Musk will use Twitter to spread misinformation and hate speech. Others believe that Musk will make Twitter a more open and free platform for speech.
Only time will tell what Musk will do with Twitter. But one thing is for sure: the deal is a major turning point in the history of the social media platform.

The Future of Twitter
The future of Twitter is uncertain. However, Musk has said that he is committed to making Twitter a better platform.
Musk has said that he wants to make Twitter a more open and free platform for speech. He has also said that he wants to crack down on spam and bots on the platform.
Musk's plans for Twitter have been met with mixed reactions. Some people are concerned that Musk will use Twitter to spread misinformation and hate speech. Others believe that Musk will make Twitter a more open and free platform for speech.
Only time will tell what Musk will do with Twitter. But one thing is for sure: the deal is a major turning point in the history of the social media platform.