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Dick Costolo

Dick Costolo is an entrepreneur and investor who was chief executive officer of Twitter from 2010 to 2015, earlier co-founded the feed service FeedBurner, and is a co-managing partner of the venture firm 01 Advisors.

Contents9 sections
Key facts

University of Michigan and Improv Comedy

Costolo graduated from the University of MichiganUniversity of MichiganThe University of Michigan is a university founded in Detroit in 1817 that moved to Ann Arbor, Michigan, in 1837; it is governed by a statewide-elected Board of Regents and also has campuses in Dearborn and Flint.Open the full entry in 1985 with a B.S. in computer science. After graduating he spent several years performing with improv comedy groups, including Chicago’s Annoyance Theater.⁠[1][2][3]

FeedBurner and Google

Becomes Twitter CEO

On October 4, 2010, Costolo, then Twitter’s chief operating officer, succeeded Evan Williams as chief executive, with Williams moving to focus on product strategy.⁠[4]

University of Michigan Commencement

On May 4, 2013, Costolo gave the University of Michigan’s spring commencement address and received an honorary Doctor of Laws degree. From the stage he photographed thousands of graduates and tweeted the picture, and urged them to be bold, figure out what they love and “go do that.”⁠[1]

Stepping Down as Twitter CEO

On June 11, 2015, Twitter announced that Costolo had decided to step down as chief executive effective July 1, with co-founder and chairman Jack Dorsey serving as interim CEO and Costolo remaining on the board. He said in the announcement: “There is no one better than Jack Dorsey to lead Twitter during this transition.”⁠[5]

Appearance on the a16z Podcast

The conversation covered passion, humor and resilience in leadership; Costolo talked about running Twitter before and after its IPO, being suddenly thrust into the public spotlight, how improv and imagery relate to leadership, and the difference between preventing mistakes and correcting them quickly.⁠[6]

01 Advisors and Other Activities

After leaving the Twitter CEO role, Costolo co-founded the venture capital firm 01 Advisors, where he is a co-managing partner; the firm’s team includes Adam Bain, among others. He has also served as a consultant on HBO’s series Silicon Valley.⁠[2][8]

Related Organizations, Websites, and Public Accounts

01 Advisors: Official website: https://01a.com/ (opens in a new window).⁠[8]

Sources

  1. Twitter CEO tells University of Michigan grads to be bold, takes their picture and tweets it (opens in a new window)
  2. Dick Costolo (opens in a new window)
  3. Dick Costolo (opens in a new window)
  4. Twitter Promotes Costolo to CEO, Launches Promoted Accounts (opens in a new window)
  5. Twitter Initiates CEO Transition (opens in a new window)
  6. a16z Podcast: Improv'ing Leadership (opens in a new window)
  7. a16z Podcast | Improv'ing Leadership (opens in a new window)
  8. 01A (opens in a new window)