Quoted: Biz Stone on tech’s billionaire ‘problem,’ Twitter and more

“The problem is there are too many billionaires? That’s a pretty good problem. We can figure it out, it’s not like we all have a disease.”

Biz Stone, on the recent income-inequity concerns and discontent surrounding the tech industry in the Bay Area.

In an interview with the Wall Street Journal ahead of the Tuesday debut of his book, “Things a Little Bird Told Me,” Stone attributes the success of Twitter, the company he co-founded, to many things, including: hard work; good timing; putting the cart before the horse by building a service that people could use before coming up with a business plan. And he says being associated with “way better, bigger companies” such as Apple, Facebook and Google didn’t hurt, either. “Those companies must have been like, ‘Stop lumping us!’ ”

The book by Stone, whose latest venture is Q&A social app Jelly (he retains an advisory role at Twitter), comes several months after the release of “Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal,” which explored the drama behind Twitter’s founding.

Twitter, by the way, is now 8 years old. Mike Murphy rounded up some news about the San Francisco company last week, including talk about a possible redesign. (Nooo!) And here’s a look at how Twitter has changed, in charts.


Photo: Biz Stone at Twitter’s first developers conference in San Francisco on April 14, 2010. (Mercury News archives)



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