Postcards
Twitter CEO: Build it and money will come
October 22, 2009: 4:58 PM ET"We are spending our time trying to create the best technology and product for as many users as possible. That's where all our value is going to come from."
--Twitter CEO Evan Williams in "Twitter hits tweenhood" in the new issue of Fortune, on newsstands next week and Fortune.com today. Having attracted more than $150 million in venture capital (and 55 million unique visitors monthly), Twitter has outpaced Google (GOOG) in money-raising...with meaningless revenues to show for it. But for this feat and for quickly building the communications platform into a global phenomenon, Fortune puts Williams and co-founder Biz Stone at No. 5 on its just-released 40 Under 40 list.
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Power Point: Bigger isn't always better
"I don't think you're going to have those anymore. Bigness isn't that great an asset anymore."
-- Tom Freston, former Viacom (VIAB) CEO, in a Reuters story about the waning influence of media moguls. These titans are being upstaged by the darlings of digital, like Facebook's Marc Zuckerberg and Twitter's Evan Williams. Old and new media alike are gathered this week at the Allen & Co. media summit in Sun Valley, MORE
Jessica Shambora, Writer-Reporter - Jul 9, 2009 6:27 PM ET
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Fortune Most Powerful Women
Sheryl Sandberg:
Gina Bianchini
In her first public interview since taking on the CEO gig at Yahoo, Marissa Mayer outlines her priorities both in and out of the company. Watch
Brenda Barnes famously quit a big job to be with her kids. Years later, a massive stroke nearly killed her--and her daughter returned the favor. Watch
Fortune senior editor at large Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Marissa Mayer: Ready to Rumble at Yahoo," "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), and "Remodeling Martha" (Martha Stewart). She has helped oversee Fortune's "Most Powerful Women in Business" package every year since its launch in 1998. Pattie is Executive Director of the Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business and beyond. She oversees MPW programs that enable women leaders to extend their influence and empower the next generation—such as Fortune MPW Entrepreneurs and the Fortune-U.S. State Department Global Women Leaders Mentoring Partnership. Beyond her Fortune duties, she is also developing Live Content across Time Inc. Pattie grew up in Allentown, PA, graduated from the University of Virginia, and started at Fortune in 1984. Her blog, Postcards, is about how power players lead, manage others, and navigate their careers.
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The Fortune/U.S. State Department Global Women Leaders Mentoring Partnership brings rising-star women from countries around the world to the U.S. for three-week mentorships with participants of the annual Fortune Most Powerful Women Summit - among them Ursula Burns of Xerox, Laura Lang of Time Inc., Marissa Mayer of Yahoo, and Tory Burch.
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