The
CEO of the hit microblogging service aims to take Twitter mainstream
and find a business model. However, Twitter won't ever replace
newspapers, he says. "We will always need a medium that carries more
words."
Dorsey
reminded his Twitter followers that the company's name was based on the
definition of "twitter" in the Oxford English dictionary: "a short
inconsequential burst of information, chirps from birds."
Jack Dorsey
is a young imaginary American Entrepreneur, an optimistic and inspiring
leader, Computer programmer and architect, a full time innovator with
great vision who was instrumental in sparking revolution to share
personal expression. Jack’s vision also proved to have a dramatic and
immediate impact on human connections, literally making the world a much
smaller place to live in and making the world more empathetic. Jack’s
vision essentially created a real-time system for tracking the pulse of a
global community and the experiences of people day-to-day. Jack took
the reins as CEO of the company in 2006 and stepped down in October 2008
and since then he is holding the responsibility as Chairman of the
company.
Jack Dorsey
is very well known, as the creator of Twitter, a social media tool that
uses short messages to share personal expression. Twitter was a
transformed version of a computer program that started in 2006, March
13. Amidst of controversies like being ego-centric and shallow, Twitter
gained popularity, as it was used by major organizations and as a
powerful platform for political, social, and personal campaigns. Today
more than three million people use it to send out less than or equal to
140-character updates, called "tweets" through Twitter's website or by
text message over mobile devices. Twitter started out as a "side
project", and rapidly evolved as a vibrant communication platform used
by millions worldwide to update friends, family and colleagues about
news and views, or to canvas opinion. As of 2011 the service gained
tremendous popularity with over 300 million users, handling
approximately 1.6 billion search queries a day, with revenues of nearly
140 million per annum, and is widely described as “SMS of the Internet”
. This was all possible by the envisioned idea of a born innovator, Jack Dorsey.
In
this context, Jack says, “The more we share what’s happening around us,
the more we understand how someone lives their life. The greater the
understanding we have, the more empathy we have for each other thus
reducing conflicts. When you have an understanding of how someone else
lives, the less likely it is that you conflict with them”. Jack also
says that with hard work and tenacity “Sky would be the limit”. This
inspires young and upcoming entrepreneurs with agile ideas, right from
the gut.
Jack Dorsey’s first Tweet
It has been already five years, that Jack Dorsey made his first tweet (21 March 2006).
Twitter
was born and since that, Dorsey has been making his way, along with his
associates Biz Stone and Evan Williams. When Twitter co-founder, Jack Dorsey, (aka @jack) sent his first tweet it was pretty simple and straight forward.
Educational and Career Outlook
Jack Dorsey
has enormous interest in computer communications and started
programming right from his high school days, in Bishop DuBourg High
School. He was taken away by the technological challenge of coordination
and real-time communication between the taxi drivers, delivery vans and
for that reason any fleet of vehicles; and this is when little Dorsey
was just 15yrs old, wrote a dispatch software to solve the problem of
the cab drivers that is used by few taxicab companies even today.
He
enrolled himself at Missouri University of Science and technology, and
after a brief tenure there, he transferred to New York University, but
dropped out of the college without receiving degree, like other computer
entrepreneurs like Mark Zuckerburg, Bill Gates, the late Steve jobs
etc, where he found himself busy in designing dispatch software for taxi
companies.
After
leaving the New York University, he moved to California, a hub for
technology start-ups in 2000, and approached a company called Odeo,
where he met Biz Stone, who was working on the idea of a communication
service that helped friends keep in touch through status updates. Odeo, a
podcasting company was co-founded by Evan Williams, founder of Blogger,
which was sold to Google, and Evan eventually left Google to start up
Odeo. Evan wanted to work with Dorsey, so Dorsey took up a job at the
podcasting company though not much interested. The next big consequence
after Dorsey joined the company was; Apple has announced free podcasting
through iTunes, and this resulted in Odeo losing business.
The Trio Jack Dorsey,
Biz Stone, Evan Williams did not have any clue, about what they would
do. In 2006, as the usage of SMS messaging was at its peak, Jack
revisited his previous idea of doing updates and realized for the first
time that there was every possibility of the idea to click, and SMS
messages could be send across different carriers. Dorsey managed to
convince Evan, and Dorsey and Biz together got involved in making
working prototype of Twitter, within a short period of two weeks. Later
all the cofounders, family, and friends were invited to try the system
and this was how the Twitter was born. The SMS message had 140-character
limit and it just worked the same way until today. They brainstormed
about how, when you get an update, your phone would vibrate and they
wanted to play around words that conveyed a message off that feeling.
Finally, they came across the word Twitter in the Oxford Dictionary with
one definition of “a short burst of inconsequential information” and
felt that it was perfect. They bought the domain for roughly $7,000 and
the rest was history.
Eventually
Jack happened to leave Twitter in 2008, he got connected with his first
boss, Jim Mckelvey, with whom he was in touch for all the past years.
Jim was a glass artisan and explained Dorsey that he incidentally lost
business of $2,000, as the customer did not have cash and he did not
have a way to accept credit card. Jack thought that his friend Jim would
lose thousands of dollars if this continues. Jack thought about it and
how both of them had iPhones, basically high tech computers next to
their ears, and yet in this day and age, there was no easy way for them
to accept credit card payments even with these astonishing devices in
their pockets. With that in mind, together with Jim, they decided to
build a solution.
The Company Square, founded by Jim McKelvey and Jack Dorsey in 2009, is headquartered in San Francisco with additional offices in Saint Louis and New York City. Jack Dorsey's
mobile payment company Square allows anyone to accept credit cards
through their iPhone or Android Phone. A new free app, called "Register"
makes it affordable for small businesses to accept credit cards,
automate checkouts, and measure and manage everything they sell.
Square's also introducing an app called "Card Case" to make it easier
for customers to shop. It allows iPhone and Android users to pay with
their phones and track their purchase history. Customers can set up a
"tab" at retailers they frequent, like a coffee shop or hardware store.
When they walk- in they can pay instantly with their phone by just
asking the store to put it on their tab, without even pulling out their
wallet.
Jack is currently Chairman at Twitter and playing an active role there again while running Square as CEO.
More about Jack Dorsey
Born |
November 19, 1976(35 yrs)
St. Louis, Missouri, U.S.A |
Residence | San Francisco, California, U.S.A |
Country of Citizenship | American |
Alma mater | Drop out of New York University, Computer Science. |
Occupation |
Software Designer and Entrepreneur
|
The
born computer programmer, the creator of great social tweeter “The
Twitter” was born on November 19, 1976, in St. Louis, Missouri, U.S.A,
where he grew up.
Awards and Honors
The
great innovator Dorsey, who succeeded in connecting people, companies
and news instantaneously; deserves many honors and here are few
mentioned below
In 2011, Jack Dorsey, of Twitter and Square fame, was honored with INFORUM’s 21st Century Visionary award, to find more about the technologist who thinks differently. | |
The New Company of the Year Award went to Square, the mobile payments startup founded by Twitter Co-Founder Jack Dorsey. | |
Jack Dorsey stands youngest to receive DuBourg award in 2010, the Distinguished Alumnus Award is the highest honor that can be bestowed upon an alumni and is a reflection of many of his many other accomplishments. | |
Jack Dorsey, cofounder of Twitter was honored with CNN Hero’s: “An All-Star Tribute,” to spotlight everyday people who are changing the world and are heroes to others through their continuing commitment to public service, in 2010. | |
In 2008, Jack was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35. |
Potential users of Twitter
Twitter,
the five-year-old free microblogging site that is racking up
high-profile enthusiasts, who deem the site to be both a
“hypergrapevine” and good news resource and an innovative business tool
for great customer service.
Among
its high profile users, the company has The New York Times, Huffington
Post, Comcast, General Motors, You Tube, and U.S. presidential
candidates. Twitter is good at supporting massively shared experiences
like the U.S. election. The biggest user at this moment is Barack Obama;
his campaign has been very quick with new technologies on twitter. The
Obama campaign frequently uses Twitter and usually updates from Obama
are done once or twice a day, pointers to speeches and positions on
policies.
U.S President Barack Obama using Twitter
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Rick
Sanchez was using Twitter for Hurricane Gustav updates. CNN is going to
be featuring a Twitter screenshot and will just watch the timeline go
by live to point out what's happening in the world right now.
Major
companies like; Dell, Southwest Airlines, Virgin America are using
Twitter as a promotional and marketing tool. How they are entering into
conversations with consumers and using Twitter for customer service and
market research is a surprising fact.
JetBlue
is tracking all mentions with the word "JetBlue" in updates and
reaching out directly to people to respond to complaints or questions.
Moreover, they're very fast about it. Such an activity makes the
customer feel good about a product or brand.
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“Twitter” Vs “Other Social Networks like Facebook, Google etc?”
Because
of its immediacy and easy mechanism to push out information, people
have very quickly embraced twitter. It is not hard to think and is very
very simple, transparent and easily accessible. The more powerful
capability of Twitter is, it gives a kind of report “what’s going on”
from any where on the globe right away. One such amazing example of
Twitter’s immediacy is, Twitter provides a great man-on-the-street
account of what's happening right now. The minute the Los Angeles
earthquake struck, in July 2008; there was an update on Twitter, which
was followed by thousands of more updates, until nine minutes later the
first reports came out on the AP wire. Twitter is very good at
immediacy.
Twitter
is an eruption in new form of communication, where you just follow the
updates from the accounts which you find interesting, immaterial of the
accounts are of people, companies or topics. In Twitter the principal
focus revolves around the magical question "What are you doing?” that
can be interpreted in numerous ways, depending on the context that the
reader brings and how you make use of it. For example, people who are
not known to us may bring variant context to our updates than our next
desk colleagues. Twitter always requires a medium that carries, more
words and profoundly explore a topic to a most specific detail. Twitter
may not replace traditional blogging, newspapers, journalistic research,
video, and images; but best complements them.
One
more important feature that Twitter carries is that the text messages
carry only a maximum of 140 characters. This is because Jack Dorsey
is a strong believer of “constraint inspiring creativity”. Dorsey says
when you put boundaries around something you tend to get a lot more
creative. We're not asking users to type out four paragraphs of text;
we're asking them to take just a moment and write something, whatever
they want. Limiting yourself to 140 characters tends to make you focus
in on a more off-the-cuff manner that naturally allows for directness.
Twitter
has potential for different moneymaking paths; best among them is that
emerges organically. The company observes how people use Twitter and
establish patterns around that. By considering that they make those
patterns more convenient and potentially charge for those. The company
noticed that Twitter has a lot of commercial usage, which is very
interesting. Twitter has many people asking questions, which is also
very interesting. Twitter also has many people providing answers, some
of which are commercially driven. Therefore, these are all things that
the company takes into consideration. However, Twitter did not want to
force any particular model onto the user base until the organization is
comfortable doing that.
Jack Dorsey’s future plans for Twitter
Dorsey
says that they are focusing on building up the technology as a utility,
something that is so trustworthy that it becomes a natural mainstream
activity. In the future they’ll have more and more ways to
interact with this technology so that it becomes a much richer tool to
immediately get a sense of what's happening right now, what's happening
in the world, what's happening in your city, what's happening in your
workplace, what's happening in your family. Something like that has not
really been seen before.
During
a visit to the School of Journalism at Columbia University, Dorsey
known for his penchant for website design lays stress on user interface,
and it’s only natural to believe he’s going to have something to say
about twitter. In general, he wants to make the site easier to navigate
while also finding a way to harness “what’s most relevant and most
meaningful” to the individual user – and to do it in real time. Dorsey
wants to create “a cohesive user experience,” in the same breath
mentioning his interest in Tweet Deck’s multicolumn format.
Dorsey
said, "They have a lot of mainstream awareness, but mainstream
relevancy is still a challenge," the Twitter inventor, as a product
leader stated, one of Dorsey's major hurdles will be to turn Twitter
into a more efficient mode of consumption for its users. Dorsey said
that Twitter's "value" could be measured by the immediacy with which it
allows users to connect and share information. His goal, he told his
audience, will be to "refocus on that value" rather than on Twitter's
"brand."
Dorsey
also commented on the site's recent call for third party developers to
stop building client apps. Dorsey also provided a little insight into
Twitter’s recent change of policy towards developers. “It’s up to any
good platform company to really guide its developers in the right way,
to inspire them to create interesting and useful applications. The
interesting products out on the internet aren’t building significantly
new technologies. They’re combining technologies,” he said.
Few inspiring quotes from the Trio of the Twitter “Jack Dorsey, Biz Stone, Evan Williams”
“Our
problem wasn't that it blew up and was impossible to scale, but there
were some bad choices made. One of the biggest lessons time after time
was to focus. Do fewer things”.
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“To deliver tweets that are interesting and relevant to you that you didn't know you wanted to see till you saw them”.
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“It
will always be about providing access to a communication network
through the lowest common denominator. Rudimentary communication creates
flocking behavior”.
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“Creativity comes from constraint”.
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“Our
goal is to change the world, and we're going to build the best company
we can to realize that goal, reach Twitter's potential. At some point
going public may make the most sense. We're nowhere near thinking of
that. At one time I might have said ‘that's ridiculous', but I don't say
that any more. We can be more creative than IPO or being acquired”.
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“It's pretty cool to invent a technology with its own set of descriptive terms”.
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“There's
a lot we can learn from smart people out in the world. One of the
things I like so much about President Obama is his global vision that
it's not a zero-sum game, where one country is going to win the game of
earth. We have to work together”.
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“I
love that philosophy, and it fits with Twitter because we work with so
many companies. The variety, the openness, and believing very basically
that the open exchange of information is something that can impact the
world in a positive way, from that belief, so many decisions are made
easier”.
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“Previous
companies I'd done before I left, I left because I didn't really like
where the culture was going and I wanted to leave. I was too young to
realize that I could have an impact on changing it; if I didn't like it I
could work harder”.
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Lessons from the Twitter Trio
After years of focus on their new invention Twitter, the Trio shares with us few lessons of entrepreneurship with us.
“Creativity comes from constraint”
Jack Dorsey
is a strong believer of “constraint inspiring creativity”. Dorsey says
when you put boundaries around something you tend to get a lot more
creative. We're not asking users to type out four paragraphs of text;
we're asking them to take just a moment and write something, whatever
they want. Limiting yourself to 140 characters tends to make you focus
in on a more off-the-cuff manner that naturally allows for directness.
“So what if it’s just fun?”
"We
were working at Odeo, but we weren't as passionate about the podcasting
service as we should have been," recalls Stone. "We weren't using it,
and that was a problem. Twitter got started because Evan gave us some
freedom to think along different lines." That freedom meant that Stone
and Dorsey had two weeks to build a demo of their new idea. "Build it,
try it out over the weekend. If it sticks we may keep working on it,"
recalls Stone. "I was ripping out carpeting during a heat wave and then
my phone vibrated in my pocket, and it was Evan. Moreover, it said he
was sipping pinot noir. I realized I was totally engaged in this
product. So we decided we should keep working on it."
Once the prototype was completed, the trio thought they had something compelling. "Early on someone said ‘Twitter is fun but it isn't useful,” recalls Stone. "Evan said, ‘neither is ice cream.' So what if it's just fun?"
Once the prototype was completed, the trio thought they had something compelling. "Early on someone said ‘Twitter is fun but it isn't useful,” recalls Stone. "Evan said, ‘neither is ice cream.' So what if it's just fun?"
“There is something healthy about friendly competition”
"There's
a lot we can learn from smart people out in the world," says Stone.
"One of the things I like so much about President Obama is his global
vision that it's not a zero-sum game, where one country is going to win
the game of earth. We have to work together."
"I love that philosophy, and it fits with Twitter because we work with so many companies," he says. "The variety, the openness, and believing very basically that the open exchange of information is something that can impact the world in a positive way - from that belief, so many decisions are made easier."
"I love that philosophy, and it fits with Twitter because we work with so many companies," he says. "The variety, the openness, and believing very basically that the open exchange of information is something that can impact the world in a positive way - from that belief, so many decisions are made easier."
The
co-founders of Twitter have taken a unique approach to their
operations. They are choosing collaboration over competition, the
promotion of open information exchange where once it might have been
blocked, and instilling that culture throughout their company.
“We focus a lot on culture”
"Watching
Evan really sink his teeth into the role of CEO, take it very
seriously," says Stone. "He very genuinely wants to innovate - not just
from a product or technology standpoint, but from a company standpoint.
For me, I've learned about what it means to focus on a culture, to build
social responsibility and the idea of a company as a super-organism."
Stone, Williams, and Dorsey are doing just that - trying to build
Twitter into more than just a microblogging service, but into a
super-organism, into a company that cultivates a healthy work
environment and culture as much as it does technological innovation.
"We
focus a lot on culture specifically...we don't want to end up like the
child actor who found success early and grew up all weird and freaky,"
says Stone. "We want to remain ok; just because we found success early
and in many ways got lucky doesn't mean we're all a bunch of geniuses.
It means what it means."
“We’re holding on to the ship with our fingernails,”
"I
remember Evan going home one weekend and coming back with this genius
plan for Odeo, and he asked me to read it," recalls Stone. "It was this
whole plan for how we could make it a successful business. I thought wow
this is genius, but then again so is podcasting. Then slept on it. Do
we want to be kings of podcasting? We were constantly gut checking."
Once the trio committed themselves to Twitter, there was no turning
back. From being at the receiving end of harsh criticism to turning down
lucrative buyout offers, Dorsey, Williams, and Stone refused to step
back from their baby.
"Fun, trivial, someone called it the ‘Seinfeld' of the Internet," recalls Stone of how Twitter was described in its early days.
"People were asking why you are filling the web with all of this crap?" adds Williams. "I went for years defending blogging."
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