The Real History of Twitter: From Odeo to Social Media Empire
Hatched by Kazuki Nakayashiki
Aug 01, 2023
4 min read
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The Real History of Twitter: From Odeo to Social Media Empire
In the fast-paced world of technology and social media, it's easy to forget the humble beginnings of some of our favorite platforms. Twitter, for example, has become a household name, but its origins are rooted in a lesser-known company called Odeo. The story of Twitter's rise to prominence is one of collaboration, innovation, and the power of believing in an idea.
Odeo was a platform for podcasting, founded by entrepreneur Evan Williams. By July 2005, the company had a product ready, but as Williams himself admits, they never really used it. However, Odeo's employees were not deterred. They began holding "hackathons," where they would spend a whole day working on various projects. It was during one of these sessions that Jack Dorsey, Biz Stone, and Noah Glass presented an idea that would change the course of social media history.
The concept was simple yet revolutionary: a system where users could send a text to one number, and it would be broadcasted out to all of their friends. This idea, initially called Twttr, caught the attention of Evan Williams, who put Noah Glass in charge of the project. Glass became the driving force behind Twitter's early days, with all the early employees and Odeo investors acknowledging his passion and dedication.
Twitter started gaining traction, and by the fall of that year, it had thousands of users. One significant turning point for the platform was when a small earthquake shook San Francisco, and word quickly spread through Twitter. This event served as an "ah-ha" moment, both for users and those closely following the company's progress.
As Twitter's popularity grew, Evan Williams saw an opportunity to buy back Odeo investors' stock and eventually purchased the company. The exact amount he paid for the buyback has never been disclosed, but what started as a $5 million investment had now become a billion-dollar empire.
However, Williams' actions were not without controversy. Some Odeo investors felt that he did not take care of the people who had supported him on his journey. Meg Hourihan, Williams' co-founder in Blogger, expressed her disappointment, stating that he had not acknowledged those who helped him reach his current position. Williams himself acknowledged that successful businesspeople often make enemies along the way.
In an attempt to rectify the situation, Williams offered a select few investors the chance to buy into Twitter at a $25 million valuation. Nevertheless, tensions within the company started to rise, resulting in the firing of Noah Glass, Odeo's founder and Twitter's biggest champion. The reasons for Glass's dismissal varied, with some attributing it to clashing personalities between him and Williams. Others suggested that Glass's expressed interest in running Twitter may have played a role in his removal.
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