Biz Stone leaves Twitter

Co-founder will spend time relaunching Obvious Corp, working with charities

Tags: Social MediaSocial networkingTwitter Incorporation
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 Biz Stone leaves Twitter Twitter co-founder Biz Stone has announced that he is leaving the micro-blogging company. (Getty Images)
By  Georgina Enzer Published  June 29, 2011

Twitter co-founder Biz Stone is leaving the popular micro-blogging site just five years after he helped create it, according to the Press Association.

Stone said on his Twitter site that he will continue to work with the company, but said on his Twitter account that he will "get out of the way" of the Twitter crew and leadership until he is called upon.

Stone is currently working on relaunching Obvious Corp with Twitter co-founders Evan Williams and Jason Goldman, who was VP of Product for Twitter.

Stone announced that he is planning to focus on helping schools, non-profits and company advisory boards.

His move from Twitter comes as the company tries to make more money and build on its popularity by selling more adverts.

Twitter does not disclose its finances, but eMarketer, a research firm estimates that the company will bring in revenue $150m.

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