It is personality profile about Jack Dorsey -my tittle is Square changes the business world - Research Paper Example

Jack Dorsey has a net worth of $2.1 Billion (Forbes, 2014), is one of the most influential people in the world, and was one of the top 35 innovators in the world under the age of 35. He won the Innovator of the Year Award in 2012 and joined the board of directors of The Walt Disney Company in 2013 (Forbes, 2014). While only 15 years old, Jack Dorsey wrote dispatch software for taxicab companies that coordinates taxi drivers and enhances effective communication in the taxi industry (Bio, 2014).

Born and raised in St. Louis, Missouri, Jack Dorsey is a catholic who studied at Missouri University of Science and Technology before transferring to New York University where he initiated an idea that transformed to the famous Twitter concept (Bio, 2014). He dropped out of New York University (Forbes, 2014) and moved to California in 2000 where he started providing his dispatch software through the internet (Bio, 2014). From the dispatch taxicab software, Jack Dorsey invented the Twitter concept that changed communication around the world.

Jack Dorsey developed the idea of a Web-based instant messaging communication service in 2000. He approached Odeo Company to advance the idea of an instant messaging communication service (Bio, 2014). With Biz Stone and Noah Glass, Jack Dorsey founded and became the CEO of Twitter in 2006 (Bio, 2014). Jack Dorsey made a turning point in a global communication by Twitter. Indeed, Jack Dorsey surprised many with his twitter success. In November 2013, he launched Twitters initial public offering that made him a billionaire from his 23.

4 million shares whose share price rose from $26 per share to $45 per share during the first day of trading (Bio, 2014). Initially, the company experienced frequent service outages (Bio, 2014). However, celebrities and CEOs begun using twitter thus promoting its importance. Soon, twitter revolutionized communication across the globe by becoming the dominant “micro blogging" movement