Get All Access for $5/mo

Looking Back at Twitter As It Celebrates Its 10th Birthday Today It would take a few years before Twitter's true power became clear, but its role in everything from political movements to how companies market themselves is undeniable.

By Kia Kokalitcheva

This story originally appeared on Fortune Magazine

Chris Ratcliffe—Bloomberg via Getty Images

Ten years ago today, Twitter co-founder Jack Dorsey sent the first tweet ever -- "just setting up my twttr," it read.

It would take a few years before Twitter's true power became clear, but its role in everything from political movements to how companies market themselves is undeniable.

Born "Twttr" as the brainchild of Dorsey, Ev Williams, Biz Stone and Noah Glass, the service became publicly available just a few months after Dorsey's first tweet, and the following March, its popularity exploded during the annual South by Southwest festival in Austin. From then on, its mark on Internet culture began, including the use of the "hashtag," proposed in 2007 by technologist Chris Messina.

During the Arab Spring of 2011, it enabled citizens in the middle east to organize and enact real political change, and in 2012, U.S. President Barack Obama marked his re-election with a tweet that at the time was the most retweeted yet.

Twitter eventually built a real business and became a bonafide tech company when it went public in late 2013. In 2015, Twitter squeezed out $2.2 billion in revenue (with a net loss of $521 million), mostly from advertisers, though its slow user growth long concerned Wall Street.

The evolution of the Twitter bird.
Image Credit: Twitter

And yet, Twitter is also a company working to get out of an identity crisis, morale (and stock price) slump, and a disorganized business. Dorsey, the co-founder who recently returned to lead the San Francisco company, has one task ask the moment: Fixing Twitter.

And if anyone can do it, it's Dorsey, as many advertisers, investors, and current and former Twitter employees recently told Fortune"s Erin Griffith.

Click to Enlarge+
Twitter (Infographic)
Image Credit: Twitter
Kia Kokalitcheva is a reporter at Fortune.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Franchise

How Franchising Can Alleviate Entrepreneurial Imposter Syndrome

The franchise model can alleviate entrepreneurial imposter syndrome and provide an alternative path towards professional independence.

Side Hustle

At Age 15, He Used Facebook Marketplace to Start a Side Hustle — Then It Became Something Much Bigger: 'Raised Over $1.6 Million'

Dylan Zajac, now a 21-year-old senior at Babson College, wanted to bridge the digital divide.

Business News

'You Own Nothing Here on Social': Meta Outage, Looming TikTok Ban Has Creators Questioning How Much of Their Business They Really Control

With repeated tech outages and a possible TikTok ban on the horizon, creators are looking for new ways to influence. Turns out, one old-school way still reigns supreme.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Living

70% of Small Business Owners Experience Monthly Burnout. Follow These 3 Rules to Avoid the Same Fate.

Here are three guidelines to help entrepreneurs achieve balance, growth and success in both their professional and personal endeavors.