But unlike Facebook, Twitter really was a collaboration; an idea that came out of a failed podcasting company that happened to come about at the right time. While Dorsey had the germ of the idea, without the collaboration of the people who worked at Odeo, that idea would have remained just an idea. Glass’s realization that the initial concept could be adapted to connect people to their friends was significant. And the name he came up with undoubtedly helped, too. Without Williams and Stone influencing its development with the lessons they learned from Blogger, it still would not have taken off. Making it a company required Williams’s money, then Wilson, Sabet and Fenton’s and dozens of other investors, not to mention Costolo, who turned it into viable business, and 2,000 employees who helped shape it into one of the biggest social networks on the planet. Such is the case with every company in Silicon Valley, though you never hear it in their creation myth. Dorsey will make $400 million to $500 million when Twitter goes public. Glass stands to make about as much as Dorsey’s secretary at Square.
- www.nytimes.com