Information Madness

Biz Stone, co-founder of twitter, has declared that he will be stepping down from his work at the microblogging site, so as to move on to newer projects, through a blog post on Tuesday.

Stone and Ev Williams will be joining hands, for the said projects, once again under the name of Obvious Corporation. Ev Williams, is another co-founder of Twitter, and founded the Obvious Corporations in mid-2000s to house multiple endeavours such as these under one company name.
And what is more, Jason Goldman- the startup’s ex-VP of product- will also be collaborating with the Williams/Stone duo. J. Goldman stepped down in December last year.

Williams left his role as the CEO for Twitter, just a few months back, in late 2010. He hinted that a personal retreat to lake Tahoe had given him some new ideas to work upon.

“There are other problems/opportunities in the world that need attention, and there are other individuals I’d love to get the opportunity to work with and learn from,” he wrote at the time.
Twitter’s former COO and current CEO Dick Costolo will remain at the company’s helm.

In today’s explanatory blog post from Stone, the entrepreneur says he’ll still be making appearances at Twitter to help when and where he can. But the majority of his time will be spent on “new endeavors … I’ve decided that the most effective use of my time is to get out of the way until I’m called upon to be of some specific use.”

Of the Obvious Corporation’s upcoming releases, Stone writes, “Our plan is to develop new projects and work on solving big problems aligned along a simple mission statement: The Obvious Corporation develops systems that help people work
together to improve the world. This is a dream come true!”

In what has become something of a revolving door of Twitter co-founders, Jack Dorsey, who was also a ground-floor Twitterer, gave up the CEO role in 2008 and unveiled Square, his new project, in 2009. However, Dorsey returned to the startup earlier this year.

It’s enough to leave one wondering who’s on first. However, with Costolo and Dorsey running the show, and Stone and Williams on call, we’re hopeful the company is stable.