Al Gore Almost Bought Twitter
Al Gore may have lost his shot at the presidency in 2000, but he also lost a chance to own Twitter.
As the former Vice President told Bloomberg Television on Thursday, he came close to buying Twitter back in his Current TV days. Gore and his Current TV co-founder Joel Hyatt were in talks to buy the social network, but the deal never came to fruition.
The New York Times' Nick Bilton in his book Hatching Twitter describes the meeting that took place, during which Gore and Twitter co-founders Evan Williams and Biz Stone poured shot after shot of tequila. But Gore wasn't the only one after Twitter. Facebook CEO Mark Zuckerberg had also considered buying the company--that is, until Jack Dorsey talked him out of it.
Although Twitter, which recently filed for an initial public stock offering, has continued to grow at a rapid clip, it has yet to become solidly profitable.
Gore says he's fine with the ways things turned out and remains "very bullish" on Twitter. "It's become a global utility," he told Bloomberg Television. "It's a great business."
Gore has other things to keep him busy, like that $500 million he pocketed after selling Current TV to Al Jazeera and his steady gig as a director at Apple.
JILL KRASNY | Staff Writer
Jill Krasny is a staff writer for Inc. magazine, where she covers the intersection of entertainment and startups. Prior to Inc., she was a writer for MTV and Esquire and an editor at TheStreet. She is a graduate of the University of Southern California with a degree in communication. She lives in New York City.