In this success post, we are going to share the story of Jack Dorsey, an American businessman who co-founded Twitter. He is also the founder of ‘Square’, a mobile payments company that markets several software and hardware payment products.
Jack Dorsey Childhood & Early Life
Jack Dorsey was born on the 19th of November 1976 in St. Louis, Missouri, US, to Marcia Smith and Tim Dorsey.
His father was an engineer of medical equipment and worked for a company that developed mass spectrometers. Since the nature of his father’s job required the family to move frequently from one place to another, young Jack developed a passion for maps.
He developed an early interest in computers and was a member of his school computer club. He also spent considerable time studying the available model of IBM Computers.
Jack Dorsey Career
Jack Dorsey started working as a programmer. He moved to Oakland, California in 2000 in search of better career prospects. He started a company to dispatch taxis, couriers, and emergency services using his dispatch software.
During this time, he also got serious about his idea of a short message communication service that would update his friends about his status in real-time.
Moreover, his company failed, and he struggled for the next few years. He made a living by freelancing. He even attended massage therapy courses. Meanwhile, he never gave up on his dream of creating a short message service, which he had envisioned.
He approached ‘Odeo,’ a directory and search destination website, which was interested in text messaging services. He managed to catch the attention of ‘Odeo’ co-founder Evan Williams and one of the company executives Biz Stone.
In the year 2006, Dorsey, along with the Evan Williams, Biz Stone, and some other members of ‘Odeo,’ formed Obvious Corporation, which later evolved into twitter. Within two weeks, Dorsey created a simple site where users could instantly post short messaged called ‘tweets’ of 140 characters or less.
Initially, Dorsey served as Twitter CEO. In 2008, Williams took over the role of CEO, while Dorsey became the chairman of the board. The company grew rapidly. Within five years of its founding, Twitter users were sending 50 million tweets per day.
On December 24, 2013, it was announced that Dorsey is the new member of the board of directors of ‘The Walt Disney Company.’
Jack Dorsey Net Worth
As of 2020, Jack Dorsey has a net worth of US $9 billion.
Also Read: Gennady Timchenko Biography: Success Story of Volga Group Founder
Thanks for sharing the article. Very informative.