Williams was Twitter’s CEO until 2010, when current chief Dick Costolo took the helm. He is now working on a publishing platform, Medium, dedicated to long-form content. Williams will have a 10.4% stake after selling shares in the IPO, according to the company’s most recent prospectus.<\/p>\n
Jack Dorsey –<\/strong> 23,453,017 shares, or 4.9%.<\/p>\n Dorsey co-founded Twitter and still serves as its chairman. In 2009, he founded payments service Square and serves as its CEO. Dorsey will have a 4.3% stake after the IPO.<\/p>\n Dick Costolo –<\/strong> 7,675,239 shares, or 1.6%.<\/p>\n A onetime improvisational comedian, Costolo took the helm of Twitter in 2010. He joined Twitter as COO the year before, after he and co-founders sold their web feed management provider FeedBurner to Google in 2007. Costolo will have a 1.4% stake after the offering.<\/p>\n Adam Bain –<\/strong> 1,785,818 shares, or less than 1%.<\/p>\n Bain is the president of global revenue at Twitter. He was formerly the president of audience network at News Corp’s Fox Interactive Media.<\/p>\n David Rosenblatt –<\/strong> 291,666 shares, or less than 1%.<\/p>\n Rosenblatt is the CEO of luxury online retailer 1stdibs.com and is a member of Twitter’s board of directors.<\/p>\n Twitter business<\/p><\/div>\n <\/p>\n Rizvi Traverse Management and affiliates –<\/strong> 85,171,093 shares, or 17.9%.<\/p>\n A closely held private-equity fund based in Michigan, Rizvi has made a name for itself by buying stakes in entertainment companies such as Playboy and movie producer Summit Entertainment. Last year, it led a $200 million funding round in Jack Dorsey’s payments company, Square. The group will have a 15.6% stake in Twitter after the IPO.<\/p>\n Spark Capital and affiliates –<\/strong> 32,414,224 shares, or 6.8%.<\/p>\n Venture firm Spark started investing in Twitter in 2008. For a time, Spark partner Bijan Sabet served on Twitter’s board. The group will have a 6%t stake after the IPO.<\/p>\n Benchmark –<\/strong> 31,567,052 shares, or 6.6%.<\/p>\n Venture firm Benchmark started investing in Twitter in 2009 when it was valued in the $200 million-$250 million range. Benchmark will have a 5.8% stake after the IPO.<\/p>\n Union Square Ventures and affiliates –<\/strong> 27,838,992 shares, or 5.9%.<\/p>\n Venture firm Union Square started investing in Twitter in 2008. For a time, USV partner Fred Wilson served on Twitter’s board. The group will have a 5.1% stake after the sale.<\/p>\n DST Global and affiliates –<\/strong> 23,744,745 shares, or 5%.<\/p>\n The investment firm founded by Russian billionaire Yuri Milner led a $400 million investment in Twitter in 2011. At the time, Twitter was valued at around $8 billion. The group will have a 4.4% stake after the IPO.<\/p>\n Twitter value pegged at $11 billion<\/a><\/strong><\/p>\n Facebook IPO fail means no bonus for Nasdaq chief<\/strong><\/a><\/p>\n Twitter finalising IPO<\/strong><\/a><\/p>\n![\"Shadows](\"http:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2013\/10\/The-shadows-of-people-holding-mobile-phones-are-cast-onto-a-backdrop-projected-with-the-Twitter-logo-in-this-illustration-picture-taken-in-Warsaw-September-27-2013.-REUTERS.jpg\"){kind=logo}
<\/a>The following groups own at least 5 percent:<\/h3>\n
More on Twitter<\/h3>\n