Twitter Founder Reveals Secret Formula for Getting Rich Online

"Here’s the formula if you want to build a billion-dollar internet company," he said. "Take a human desire, preferably one that has been around for a really long time...Identify that desire and use modern technology to take out steps."

Here's the formula if you want to build $1 billion Internet company because I know that's what people come to XOXO to learn. It's simply this, identify a human desire, preferably one that's been around for a really long time. We often think the Internet enables people to do new things, but people just want to do the same things they've always done.... See more

“The internet, as we have known it, has evolved from a quaint, quirky place to a social utopia, and then to an algorithmic reality. In this reality, the primary task of these platforms is not about idealism or even entertainment — it is about extracting as much revenue as possible from human vanity, avarice, and narcissism.”