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Here’s Jack Dorsey’s manifesto for running Twitter and Square
Twitter co-founder and newly returned CEO Jack Dorsey on Monday outlined his plan to run both the social media network and Square, the payments-based startup he founded and has been running since 2009.
Dorsey outlined his plans in a series of tweets (no surprises there), which also explained his different views on the two companies.
Both, he seems to believe, are the most powerful at what they do in the world. It would probably be fair, however, to suggest that neither have really lived up to the expectations placed on them by others.
Read more: Life after Dick: Twitter needs to ignore Wall Street, concentrate on users
Dorsey also announced the appointment of Adam Bain, previously head of Revenue and Partnerships as Twitter’s new COO.
As for the strain of running two companies once, Dorsey pointed out that he’d already been doing so for the past three months. Dorsey took over the Twitter top job in the wake of Dick Cosotolo’s June resignation.
Here’s are Dorsey’s tweets in full:
🐥⚡️ Hello! We have some news to share!
— Jack (@jack) October 5, 2015
We are naming @adambain COO of Twitter, we're working to change the composition of our Board, and I will serve as CEO of Twitter and Square!
— Jack (@jack) October 5, 2015
I've been CEO of both companies for over 3 months now. I have the smartest, strongest, and most determined leaders in the world on my teams.
— Jack (@jack) October 5, 2015
My focus is to build teams that move fast, and learn faster. In the past 3 months we have increased our speed and urgency at both companies.
— Jack (@jack) October 5, 2015
A few things about each company, and their impact in the world. What we stand for gives us purpose, and that purpose dictates our job ahead.
— Jack (@jack) October 5, 2015
Square stands for economic empowerment. We stand for financial systems that serve instead of rule. We stand for leveling the playing field.
— Jack (@jack) October 5, 2015
Square is the most powerful set of tools to start, run & grow a business. Download Square, start selling. Download Square, get cash to grow.
— Jack (@jack) October 5, 2015
Twitter stands for freedom of expression. We stand for speaking truth to power. And we stand for empowering dialogue.
— Jack (@jack) October 5, 2015
Twitter is the most powerful communications tool of our time. It shows everything the world is saying rn…10-15 minutes before anything else.
— Jack (@jack) October 5, 2015
Both companies have strong businesses and are well positioned to grow their impact in the world. I will do whatever it takes to ensure that.
— Jack (@jack) October 5, 2015
We're working hard at Twitter to focus our roadmap on a few things we can make really great. And we're strengthening our team along the way.
— Jack (@jack) October 5, 2015
Our work forward is to make Twitter easy to understand by anyone in the world, and give more utility to the people who love to use it daily!
— Jack (@jack) October 5, 2015
That's all for now. We'll have a bit more to say on the Twitter investor call today at 5:30a Pacific (see @twitterIR for all the details). ✌
— Jack (@jack) October 5, 2015
Image: JD Lasica via Flickr.
