Tags: twitter | al gore | current | tv

Al Gore Tried to Buy Twitter

Image: Al Gore Tried to Buy Twitter

Thursday, 10 Oct 2013 04:08 PM

By Lisa Barron

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Former Vice President Al Gore tried to buy Twitter in the hope of merging it with Current TV, the television channel he launched in 2005.

The bid "was an idea for Current to merge with Twitter," Joel Hyatt, Gore's partner in the network, confirmed to Forbes.

The revelation came after The New York Times published an excerpt of columnist and reporter Nick Bilton's upcoming book, "Hatching Twitter," in which he wrote that at the beginning of 2009 cofounders Ev Williams and Biz Stone were "regularly turning down overtures to buy the company."

ObamaCare: You Can Win With The Facts

Among those making overtures, Bilton wrote, was Gore, who "pitched Williams and Stone one night over copious amounts of wine and Patron tequila at his St. Regis suite in San Francisco."

"Al helped me to pitch the idea to Ev and Biz. I just thought it was a great idea," Hyatt told Forbes' Jeff Bercovici.

"It certainly would have made some sense," said Bercovici, adding, "Twitter consists of user-generated content, which was Current's original mission as well."

In the end, Gore and Hyatt changed course and sold Current for $500 million this January to Qatari-owned Al Jazeera.

While the sale "made a nice pile of money for its cofounders," noted Bercovici, "it never came close to achieving any of their visions."

Related Stories:

Twitter Files for $1B IPO
Scientists: Al Gore Goofed in Climate Change Interview



© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Russia Warns US against Further Sanctions as Ukraine Deal Stalls

Friday, 18 Apr 2014 20:23 PM

Russia said its military is massed on Ukraine's doorstep and warned against further US sanctions as a deal struck with W . . .

Sen. Corker: Time to Consider Sending Weapons to Ukraine

Friday, 18 Apr 2014 19:31 PM

It is time for the United States to provide lethal weapons for Ukraine's military, Sen. Bob Corker said Friday, and make . . .

Pope's Good Friday Message: 'Remember All the Abandoned People'

Friday, 18 Apr 2014 18:05 PM

The plight of immigrants, the poor, the sick, the elderly, unemployed and prisoners dominated Pope Francis' Good Friday  . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved