9781422287231 Twitter®: How Jack Dorsey Changed the Way We Communicate

CHAPTER THREE

Inventing Square

B y 2008, Twitter was really taking off. According to Jack, “We’d raised $20 million, and the servers were crashing every day.” The website was growing faster than anyone could have imagined, but that was a good thing! “It wasn’t so much that the ship was sinking,” Jack commented, “but more ‘Great job, Jack—we’ve got to up our level of experience and lay some foundation for a much bigger organization.” Unfortunately, Jack never got the chance to improve the company in the ways he envisioned. His job as chief executive officer (CEO) was taken away in October 2008 when Twitter co-founder Evan Williams asked Jack to step down from his CEO position. After Jack agreed, Evan