Ousting Cofounders

I just read quite a story about Noah Glass. He was one of the cofounders of Odeo. This was a company with a product that was put out of business by Apple iTunes. The point of interest was that Glass was also involved in the creation of Twitter. He was fired in 2006 when Odeo got bought out by its CEO. His involvement appears to have been covered up or omitted.

Noah Glass states that he named Twitter (orignally called Twttr). He does concede that Twitter creation was a group effort. The site originally ran from his laptop. Glass wanted to spin Twitter off from Odeo as a separate company.

Evan Williams was the CEO who fired Glass. He previously worked for Google. When Odeo was becoming irrelevant, he asked employees to come up with new ideas. They came up with the idea for Twitter. Williams spent around $5M to buy the company back from investors. Then he let Glass go.

Evan Williams is the creator of Blogger. You know he has the power. That includes the power to kick out a cofounder. Ouch. How do you protect yourself against such tactics? I don't know. Maybe you got to be a single founder with your own funding.