Business

Co-Founder Biz Stone Is Leaving Twitter

LOS ANGELES (AP) — Isaac “Biz” Stone is moving on from Twitter, just five years after co-founding the microblogging site that has become integral to the social media scene around the globe.

Stone, 37, said Tuesday on his blog that he will work with the company “for many years to come,“ but that the most effective use of his time now is to ”get out of the way” of Twitter‘s crew and leadership team until he’s called upon to be of some specific use.

Stone says he plans to focus on helping schools, nonprofits and company advisory boards. He’s also relaunching Obvious Corp. with fellow Twitter co-founder Evan Williams to develop new projects.

The move comes as Twitter has been trying to build upon its popularity to make more money by selling more ads. The privately held company doesn’t disclose its finances, but research firm eMarketer Inc. estimates Twitter will bring in advertising revenue of about $150 million this year.

Comments (5)

  • TH30PH1LUS
    Posted on July 1, 2011 at 2:27pm

    BLAZE: removing our ability to reply to each other here was not a good choice. The interactions made it a “community” – now we’re relegated to non-interactive responses. BORING!

    Report Post » TH30PH1LUS  
  • peaches1
    Posted on June 30, 2011 at 10:19am

    Got pushed out?

    Report Post »  
  • Volfie
    Posted on June 29, 2011 at 12:39pm

    It sounds to me like Mr. Stone has some disagreements with other management, but he has decided to let the company continue in the direction they wish without him there to interfere. He probably also has a decent portfolio courtesy of Twitter too. Sounds like he is just doing the honorable thing.

    Report Post »  
  • WalterShumatelives
    Posted on June 29, 2011 at 4:30am

    The powers that be have us right were they want us. Like frogs in a boiling pot of water we sit and go about while the temperature slowly rises. The powers that be slowly place there pieces about the chess board. The powers know the problem with America is that its full of Americans. Like in the movie Braveheart “If we can’t get them out, we will breed them out”. An all out war with America would be long and take up valuable resources as well as risk its abundant real estate. Cut the throat of America and bleed out the freedom, the very essence of what it is to be an American, leaving the carcass to be consumed by its host. Strategically the powers infiltrate America’s infrastructure and like termites eat away from the inside out. America is now ripe for the picking with vultures like china and Russia circling over head waiting to feast. We Americans who are waking up to the fog of war are hesitant to engage are enemy, as they watch to gauge are reaction. What do we do?, who do we kill? And when do we strike. Do we wait for the invasion or the blue helmets before we get together and get to work?. Now is the time to react!. They started it but will we will finish it?.

    Report Post »  
    • Jenny Lind
      Posted on June 29, 2011 at 8:51am

      I hope and pray we do. I want to talk to others here in Summit County, Ohio, and Cuyahoga falls-I am willing to work, just don’t know how to get in touch. I tried freedom connector, wasn’t able to answer the one e-mail I got. But I am hear, ready and willing to stand up for truth-just need to find the locals like me.

      Report Post »  

Sign In To Post Comments! Sign In