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Twitter Celebrates its 10th Birthday

Despite its struggles, Twitter has managed to survive for 10 years. After the CEO change when Dick Costolo was replaced by co-founder and formerly ousted CEO, Jack Dorsey, Twitter had a complete transformation.. More than 300 million people use Twitter today and it brings about $2 billion in revenue each year. But the growth is slowing down, and these are not good signs for the company’s future.

But if you are one of those who made the account back in 2006 or 2007, you feel an association with Twitter that mere Facebookers won’t understand. Here’s a special tweet from Twitter for you:

Twitter has served as a platform for the disenfranchised over the years, allowing movements like the Arab Spring to gain traction. With online protests starting from single hashtags to incidents causing concern for cybersecurity, Twitter has been in the news all the time. People have even gone to jail for tweeting something offensive against their governments. Twitter has become a powerful force in these 10 years of its journey.

Twitter started of as ‘Twitter’ as the brainchild of Jack Dorsey, Ev Williams, Biz Stone, and Noah Glass.  The idea of the hashtag was first proposed in 2007 by the technologist Chris Messina, and it has become the icon of the social media culture since then.

Here’s what Twitter itself had to say about its 10th birthday:

On March 21, ten years ago, it began with a single Tweet. Since then, every moment of everyday, people connect about the things they care about most — all over the world. As we mark this milestone, it’s you we want to celebrate. As March 21 begins around the world, each of our global offices will kick off the day by showing our appreciation and gratitude — starting in Sydney and following the sun to headquarters in San Francisco. We are excited to celebrate with all of you. Throughout the years, you’ve made Twitter what it is today and you’re shaping what it will be in the future. Thank you for making history, driving change, lifting each other up and laughing together every day.”

After going public in late 2013, Twitter squeezed out $2.2 billion in revenue last year. Most of this revenue came from advertisers. But while it has turned 10, some are still debating whether it will be able to turn 20.

 

1 Comment

1 Comment

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