The Crumbling Barriers to Power
One effect of technology permeating every aspect of our lives is the crumbling barriers between us. Social media and the Internet have taken a sledgehammer to The Great Wall between us and those in power, as well as between us and those who previously had no voice. Now status, race and socioeconomics have less relevance, and equal access to information is officially declared a human right by the U.N, much to the chagrin of dictators who know the most effective way to keep power is to restrict access to information. Social media and the Internet are in fact the world's most powerful democratic tools, and this has real geopolitical and governance implications. Costolo explores the ambitious and significant implications of Twitter and other technology platforms based on a democratic ideal of equal access for all.
Ethics, Empathy and the Future of Technology
The future of technology is about open and equal access to information and expression. Social media brings down regimes, allows one person's voice to reach the world, and gives news stories multiple points-of-view. As with any democratic platform, we must ask how we will govern ourselves and cultivate civility and responsibility within our freedom. What will each of us choose to say and to permit with our new global voice? Costolo explores the intersection of ethics and content and urges each of us to use our access responsibly and with empathy. He encourages us to shine a light on what's good in the world and what needs to be changed, to champion the underserved, to embrace people's differences and amplify the best of humanity.
From Twitter to a New Economy
When Twitter began, the founders did not set out to create a new economy, yet the way we do business has changed forever. When consumers are 80% more likely to purchase from a business they follow, there is a real business case for open communication between a brand and its consumers. Open access to information, or creating the feeling of open access to the brand, builds loyalty, identifies new product ideas and provides another channel for consumer influence. Equal access to information renders entire business models fragile as consumers become their own sourcers with all of the information. Costolo lays out the implications of an open access economy on the way buy and sell.
Dick Costolo in the News
Here is a sampling of DICK COSTOLO's media appearances:
Dick Costolo exercises his entrepreneurial muscle with new fitness startup in Vanity Fair feature
Best known as the C.E.O. who took Twitter from a white-hot phenomenon to a public company with some $2 billion in annual revenue, expectations are high for DICK COSTOLO's fitness startup, Chorus. Vanity Fair goes on a workout with Costolo for an extensive and revealing article.Read more >>
Dick Costolo is investing in the next wave of tech startups.
Costolo is a partner at Index Ventures, a venture capital firm backing the most ambitious and visionary entrepreneurs. The transformative companies they’re building, include: Dropbox, Etsy, Sonos, SoundCloud, Flipboard, King, BlaBlaCar, Squarespace, Just Eat, Lookout, Hortonworks, Nasty Gal, Pure Storage, Supercell, Criteo, Funding Circle and many others.Read more about the latest technologies Costolo is investing in to bring to market...
Former Twitter CEO Dick Costolo Launches New Startup
In an announcement on Twitter, Costolo wrote that he and co-founder Bryan Oki are "building a software platform that re-imagines the path to personal fitness," and that the platform "...will go beyond measurement to motivate and drive improvement and make the road to personal transformation fun and social."Read more...
Dick Costolo Joins Patreon Board of Directors
Dick Costolo joins the Patreon Board of Directors, a move that aims to bring operational skills to the funding site. Patreon allows creators – podcasters, artists, gamers, etc. – to get paid for what they create. “Dick is a master operator and tells it like it is. He’s already had an immeasurable impact on Patreon,” said Jack Conte, CEO. “He’s also hilarious.”Read more...
Dick Costolo was most recently the Chief Executive Officer of Twitter from October 2010 to June 2015, where he took the company from $0 to $1.5 billion in annual revenue. Prior to Twitter, Dick was co-founder and Chief Executive Officer of FeedBurner, which was acquired by Google in 2007.
Mr. Costolo holds a B.S. in Computer and Communication Science from The University of Michigan, Ann Arbor as well as an honorary Doctor of Laws degree. He spent a number of years after graduating from Michigan and before starting his first company performing around the world with improv comedy groups like Chicago's Annoyance Theater. The former improv comedian has been a consultant on HBO’s “Silicon Valley”, he sits on the boards of Patreon and IfOnly, and he is a Venture Partner at the firm Index Ventures.
A serial entrepreneur, Mr. Costolo is now founder and Chief Executive Officer at Chorus, a software platform that is reimagining the path to personal fitness. He resides in Marin county with his family, two dogs and a shocking number of bees.