and part of the reason for that is people like biz stone, another gentleman nameed jason goldman. and what they had done was they had set up this rule that twitter should always be impartial, it should never be seen as having a side point or a viewpoint in a technology, in the way it's being used. so when twitter was being used in the iranian revolution or it was being used in the occupy to wall street protests, biz stone was one of the people that said we won't comment on this to the immediate ya. we don't -- media. we don't see it as a good thing or bad thing, we just see it as the way media's being used. >> host: mr. bilton, what's the relationship between those four co-founders today? >> guest: today? well, noah glass, you know, after he was pushed out of the company by husband closest -- his closest friends, he kind of fell into depression. these were literally his best friends, you know, jack dorsey and him, they spent, you know, every waking hour together and then he found out he was pushed out of the company by him. and also evan williams too. evan and him were very close,

there is a great seen at his house in palo alto where williams, jason goldman and twitter's former lawyer went done to mark's house and there was a secret meeting and they had a discussion about him buying the company but they opted out. it is interesting because while mark wanted to buy the company and saw it as a threat to facebook, which it has been, he also looked at it with a perplexed chaos. he knew what was going on and the fight was going done and the events between evan and jack and others. and at a private dinner party at his house mark said it is as if they drove a clown car through a gold mine and fell in. >> host: who else has tried to buy twitter? >> who else hasn't tried to buy twitter is a better question. p-diddy showed up to say he wanted to use the service and if he was he wanted compensation and he would bring more famous people on. the founders said no. this is when williams and stone were running the company. another instance is evan and business went to ashton kutcher's place and sat with demi moore by the pool and tried to pitch the story. and then al gore is my fa

and jason goldman -- theyitter lawyer went down to a hotel and there was a secret meeting. they had a discussion about mark zuckerberg eying the company, but they opted out. company,ed to buy the and he thought is a threat to facebook, and rightly so. with anlooked at it idea of perplexed chaos. he knew what was going on internally. he knew that fights for going down. he knew there was chaos. in one instance, at a private dinner party, mark said it was as if they drove a clown car into a goldmine. >> who else has tried to buy twitter? >> who has tried not to buy twitter is a better question? iddy, the- p. do rapper, made a heartfelt hitch. he said he wanted to use the service. and he wanted some kind of conflict that compensation. the founders said no. instance involves ashton kutcher in la. they sat by the pool with demi moore in a bikini and a pitch them to sell a part of the company. my favorite story is al gore. he had done a little experiment with twitter during the 2000 election -- 2008 election. and biz toevan his place and san francisco. he whines and dine them and

biz and jason goldman. the goals are set there.cult when you have a product that is so focused on simplicity. when you have the push to add new things. we have to balance the tension of how we keep the service simple yet think thoughtfully of how to extend it in ways that are meaningful for the users. >> as an investor, you are working closely with your pope pope -- your portfolio. where's the center of gravity gravity? twitter has to make money. >> i don't know if there is one answer. and consumer companies, it needs to sit closer to the design of the product. that is what consumers want. -- consumers love. >> the revenue team says we need to make money. >> if you have a great product, there are ways to extract money from it. -- extract economics from the service. that was done in a very deliberate and slow way. that technology was done way in advance of rolling it out. we want to be careful to not disrupt the user experience at the expense of generating revenue. having that discipline is important. on the enterprise side, that ce

certainly jack is a product person, ed is a product person, biz and jason goldman.always sat there and it's difficult when you have a product so focused on simplicity when you have kind of this push to add new things. so we had this balance, i think a constant tension of how do we keep the service really simple, yet think thoughtfully how to extend it in ways that are meaningful for users. >> as an investors, you're working very closely with your portfolio companies. where should the center of gravity be and is it different in a startup versus a company as big as twitter now that has to make money? >> i don't think there's one answer where it should sit. i think oftentimes in consumer companies, the -- really needs to sit probably closer to the design and product because that's really what the main consumers love. >> then you have people -- the revenue team saying but we need to make money. >> i'm a big believer if you've got a great product and great service there's a lot of different ways to extract economics from the service. and i mean, the same way at twitter w