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Note to Self

How Twitter Created Connections But Drove the Founders Apart

Note to Self

WNYC Studios

Self-improvement, Tech, Note, Npr, Education, Public, Wnyc, Manoush, York, To, New, Self, Radio, Business, Technology, Relationships, City, Society & Culture, Zomorodi, Newtechcity

4.72.7K Ratings

🗓️ 4 October 2013

⏱️ 4 minutes

🧾️ Download transcript

Summary

As Twitter's lawyers prepare to take the company public, they aired some of the company's financial dirty laundry in a regulatory filing this week, confirming that the social media service continues to lose money.

Transcript

Click on a timestamp to play from that location

0:00.0

So Twitter is going public, but why aren't any of the original founders actually working

0:05.4

at the company anymore?

0:06.8

I mean, come on, this is a pivotal triumphant moment, right?

0:10.5

Well, I got New York Times tech columnist Nick builton on the phone.

0:14.9

He has a book coming out called Hatching Twitter, a true story of money, power, friendship,

0:20.4

and betrayal.

0:21.4

Pretty sexy stuff for Silicon Valley.

0:23.6

And I wanted him to explain how a service built on connections ended up driving this

0:28.6

for some apart.

0:30.2

So let's just go back for those people who don't know the four founders, Biz Stone, Evan

0:35.6

Williams, Jack Dorsey, Noah Glass.

0:38.6

These four dudes who created a company, but none of them are in charge anymore.

0:42.4

What happened there?

0:43.4

Well, I think that, you know, this happened a lot in Silicon Valley, you know, there's

0:48.1

the saying that, you know, a company that fails as many fathers, but a company that's successful

0:53.3

has won.

0:54.3

And in this respect, it essentially has, I mean, it's a bit of both, you know, all the

0:58.6

people that were involved in the beginning, you know, some of them made a lot of money

1:01.7

and their names are out there and they've gone to do other things.

1:06.4

But I think that the company just grew too quickly and needed different managers and

1:11.2

different people at different times.

1:12.8

So like, can you just give us a little nibble or a little story?

...

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