EP 32: Former Twitter CEO Dick Costolo Talks About His Time at Second City, Running Twitter, and Missing Out on Instagram

In the 32nd episode of Cartoon Avatars former Twitter CEO Dick Costolo discusses his time at Second City with greats like Tina Fey, Amy Poehler, and Steve Carrell, successfully managing and running Twitter as a non-founder, and trying to buy Instagram.(0:00) Intro(0:58) Mark Cuban canceled(4:08) The editing room(6:07) Logan’s engagement(9:22) Welcome Dick Costolo(13:54) Dick’s time at Second City(28:16) After Second City(32:44) Why Twitter is a unique challenge(35:06) Treating all Twitter accounts equally(40:09) Social Media Regulation(42:06) Twitter monetization(44:06) Trying to buy Instagram(48:37) Social media platform Saturn(52:01) Expectation setting(57:10) Leading a company you didn’t found(59:53) Role vs identity(1:02:15) Bill Campbell’s mentorship(1:07:57) Letting people go(1:12:47) Successful managing(1:15:42) Marxist vs Darwinian management(1:19:13) Assume best intentions(1:24:40) Getting unfollowed by Elon Musk(1:30:31) Rapid fire(1:35:14) Outro Mixed and edited: Justin HrabovskyProduced: Andrew Nadeau and Rashad AssirExecutive Producer: Josh MachizMusic: Griff Lawson 🎙 Listen to the showApple Podcasts: https://podcasts.apple.com/us/podcast...Spotify: https://open.spotify.com/show/5WqBqDb...Google Podcasts: https://podcasts.google.com/feed/aHR0... Follow on Socials📸 Instagram - https://instagram.com/cartoonavatars🐦 Twitter - https://twitter.com/cartoonavatars🎬 Clips on TikTok - https://www.tiktok.com/@cartoonavatars About the ShowA Saturday morning podcast hosted by Logan Bartlett (Partner and Managing Director at Redpoint Ventures) covering the tech news with his friends and other people with industry expertise. Executive Producer: Rashad AssirProducer: Leah ClapperMixing and editing: Justin Hrabovsky Check out Unsupervised Learning, Redpoint's AI Podcast: https://www.youtube.com/@UCUl-s_Vp-Kkk_XVyDylNwLA 🎙 Listen to the show Apple Podcasts: https://podcasts.apple.com/us/podcast/the-logan-bartlett-show/id1606770839Spotify: https://open.spotify.com/show/5WqBqDb4br3LlyVrdqOYYb?si=3076e6c1b5c94d63&nd=1Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9zb0hJZkhWbg 🎥 Subscribe on YouTube: https://www.youtube.com/channel/UCugS0jD5IAdoqzjaNYzns7w?sub_confirmation=1 Follow on Socials 📸 Instagram - https://www.instagram.com/theloganbartlettshow🐦 Twitter - https://twitter.com/loganbartshow🎬 Clips on TikTok - https://www.tiktok.com/@theloganbartlettshow About the Show Logan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.