![]() ![]() "I'm not going in there and saying this guy should leave and this guy should can stay," he says.Zippia gives an in-depth look into the details of Rough Draft Ventures, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Rough Draft Ventures. Despite concerns, Twitter has a market value of $23.3 billion. "Dick is a great executor and operations guy," Williams says, brushing off criticisms of the company's stock price – it is down more than 40% this year – and slow growth rate of overall users. "It is the next wave of blogging, which is alive and well," he says.Īs for his previous creation, Twitter, Williams gives high marks to CEO Dick Costolo and the management team, especially Kevin Weil, vice president of product. It offers deeper meaning, adds to the conversation, is a monologue. "Twitter is about offering a link, video comment in a broad sense," says Williams, who is on the company's board and offers occasional advice. Medium became a destination for noted writers this year and a publisher of original writing through its properties such as Re:form, designed-focused journalism, and Matter, the in-depth journalism start-up that began on Kickstarter. What is often measured is breadth and not depth." "There is a toxicity of one-dimensionality in this industry. "I'm not going to say, 'How can we get as many users as Instagram, Facebook or Twitter,'" Williams says. That point was driven home – to Williams' chagrin – when Instagram passed Twitter in total users, with 300 million, prompting him to tell Fortune he "didn't give a s-" about the social-media leapfrogging. What Williams doesn't want to engage in is measuring Medium's success based on its customer base. He points out the start-up is exploring revenue opportunities in sponsored content with BMW and Marriott, as well as content and distribution charges. Venture-capital firm "Greylock Partners (and other investors) put $20 million in Medium, so I would say this is not a vanity project," he says, smiling. Yet the 2-year-old writing platform is a work in progress amid so many content outlets online, summarily characterized by some as another vanity project by a tech exec dabbling in journalism (see Pierre Omidyar, First Look Media and Chris Hughes, The New Republic). For the past year, she has posted items of entrepreneurs on Medium. "It's easy to jump in and publish something aesthetically pleasing," says Natalie Bartlett, community and content lead at Rough Draft Ventures in New York. It has become an impressive forum for essays on tech and design, book chapters – even poetry. The 75-person start-up started by Williams and his Twitter co-founder Biz Stone, is used by up to 17 million people a month, including President Obama and Elon Musk. "The misperception (about Medium) is you have to be a professional to be published here." "We need to clarify what we are doing here," says Williams, adding the site has a new home page and simpler design. In a wide-ranging, hour-long interview at Medium's headquarters here, Williams also talked Twitter, Instagram, Facebook and blogging. The normally low-key Williams, who co-founded Twitter, is breaking a cone of media silence to discuss the vision of Medium, the newsy blogging site he co-founded. ![]() He purposefully strides into a room, clutching a coffee mug with the slogan Get S- Done. SAN FRANCISCO – Evan Williams means business. ![]() Watch Video: Twitter Co-Founder talks future of blogs, ![]()
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