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Jack Dorsey Birth
Jack Dorsey was born and raised in St.Louis, Missouri.
He is of Italian descent. -
Dorsey Creates Dispatch Software
At the age of 15, Dorsey created disptach software that is still used by a few taxi companies today. In High School, he was interested in dispatch routing, so he created a new dispatch software. -
Dorsey joins Mira Digital Publishing Company
Dorsey was an assistant of the summer intern. A few weeks into the job, Jack was leading the team of 30 year old programmers. -
Dorsey drops of out Missouri U
Dorsey studied in the Science and Technology department. Dorsey hacked into the New York-based Dispatch Management Services, he points out the flaws in security to the company chairman, Greg Kidd. Kidd offers him a job in New York and Dorsey accepts. -
Dorsey Moves to NY
Dorsey and Kidd worked on a project to create software for taxi and ambulance cars. The project eventually ended up failing and Dorsey was left without a job. -
Dorsey Sketches out Twttr
Dorsey was inspired by blogger LiveJournal. He wanted to create something that could update your status from wherever you are, and updating it. The idea stuck with him, and he added this idea into his dispatch work. -
Dorsey gets hired at Odeo
Dorsey meets established entrepreneur Evan Williams, who hires Dorsey as low-level coder. -
Dorsey Creates Twitter
Dorsey was still intrigued by the idea of real-time networks and communication platforms. He decides to combine SMS with a website that could update people's status' with ease. His idea becomes a topic of conversation throughout Odeo and he receives help from the co-founder Noah Glass. Dorsey, Glass and german programmer Florian Weber built a prototype in two weeks. Glass picked the name Twitter out of the dictionary, however executives at Odeo style it as Twittr to follow the success of Flickr -
The First Tweet
Dorsey sends out the first public tweet which reads: "just setting up my twttr". About 12 minutes laters, he adds "invitng coworkers". -
Twitter Goes Public
Twttr is launched to the public. Later that year, it is renamed Twitter. -
Doresy becomes the CEO of Twitter
Twitter begin to gain many users after it goes viral. A holding compnay was created by Dorsey, Williams and Odeo executive Biz Stone, spins off Twitter as its own startup with Dorsey as the CEO. Later that year Twitter receives a $5 million Series A Investment. -
Williams forces Dorsey Out
After massive popularity and a second funding round are introduced to the company, Williams and board member feel that Dorsey is not a suitable leader for the company. Dorsey could not fix an issue that caused the server to crash frequently. Williams forces the company to push Dorsey and he becomes the new CEO of the company. -
Dorsey Creates Square
Doresy gets the idea for a mobile payment platform. Dorsey and McKelvey create the idea of a company that would develop a mobile credit card reading service. -
Twitter Receives its first Revenue
Dorsey earned $25 million, signing a contract with Google. He later declines Facebooks purchase offer. -
Dorsey Rejoins Twitter
Dorsey undermines Twitter's leader and the company replaces Williams with Dick Costolo. Six months later Dorsey, returns to Twitter as executive chairman, focusing on product development. -
Starbucks Invests in Square
Starbucks invests $25 million in Square. Also, Starbucks CEO joined Square's board. -
Twitter Explodes and Dorsey becomes A Billionaire
Twitter's IPO gives the company a value of $31 billion. Dorsey's 5% stake in the company is worth $1.05 billion. -
Dick Costolo Resigns
Costolo resins due to the fact that he is unable to produce growth in the company. Dorsey steps in as interim CEO. -
Dorsey Becomes CEO of Twitter, Again
Dorsey is later named the official CEO in October. He spends his time working between Twitter and Square, which is also a multibillion-dollar company. -
Jack Dorsey's Success
Dorsey currently has a networth of $2.3 billion and one of the richest billionaires on the planet.
