Twitter Ex-CEO Costolo Plans Fitness Startup, Joins VC Firm
- Executive teams up with Oki to start `fun and social' platform
- Also tweets he's becoming a partner at Index Ventures
Dick Costolo.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Dick Costolo, who resigned as Twitter Inc.’s chief executive officer last year, is starting a new company -- one that’s focused on personal fitness.
Taking to the social-media service he helped build, Costolo tweeted a couple of screenshots of his announcement. He and Bryan Oki, who runs a health and wellness consulting firm, will work together to create a software platform aimed at helping motivate users to work out. Costolo also said he will join Index Ventures as a venture partner, to invest in new companies and work with startups already in the firm’s portfolio.