Stewart Butterfield Then and Now

By / October 1, 2024

Stewart Butterfield Then

Stewart Butterfield, originally born Dharma Butterfield on March 21, 1973, in Lund, British Columbia, had a unique and unconventional upbringing. 

His parents, Norma and David Butterfield were living in a remote log cabin without modern amenities such as running water or electricity. 

This off-grid lifestyle was partly influenced by his father’s decision to flee the United States to avoid being drafted during the Vietnam War. 

Despite these rustic beginnings, Butterfield’s early childhood fostered a strong sense of independence and creativity.

At the age of five, the family relocated to Victoria, British Columbia, which marked a transition from remote cabin life to a more urban setting. 

During this time, when he was just 12 years old, Butterfield made a pivotal decision to change his first name from Dharma to Stewart, a choice that reflected his evolving sense of identity.

stewart butterfield slack
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Butterfield pursued a strong academic path, first attending St. Michaels University School, a prestigious independent school in Victoria. 

Following that, he enrolled at the University of Victoria, where he studied philosophy and earned his Bachelor of Arts degree in 1996. 

His passion for critical thinking and intellectual pursuits led him to further his studies at Clare College, part of the University of Cambridge, where he earned a Master of Philosophy degree in 1998. 

These academic achievements laid the foundation for his later success as a pioneering entrepreneur in the tech industry, where his philosophical background contributed to his thoughtful approach to business and innovation.

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Stewart Butterfield Career

During his college years, Stewart Butterfield found himself drawn to the rapidly emerging world of the Internet, which was still in its early stages of development. 

Taking advantage of the new opportunities the digital age offered, Butterfield began designing websites, earning money from his burgeoning web development skills. 

This early experience not only gave him a foothold in the tech world but also allowed him to hone his design and coding abilities at a time when the web was evolving into a transformative global platform.

At the turn of the millennium, Butterfield ventured into entrepreneurship by collaborating with Jason Classon to create Gradfinder.com, a startup website aimed at reconnecting alumni with their former classmates. 

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The platform capitalized on the growing interest in online social networks and community-building. 

After Gradfinder.com was successfully acquired, Butterfield returned to his core expertise of designing websites, but his entrepreneurial spirit remained strong.

In line with his passion for web design and efficiency, Butterfield launched the 5K competition, a groundbreaking contest that challenged web designers to create fully functional and aesthetically pleasing websites with a size limit of just five kilobytes. 

This competition was a response to the early Internet’s limited bandwidth and slow connection speeds, pushing participants to focus on simplicity, creativity, and resourcefulness. 

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The 5K competition became a notable event in the web development community, reflecting Butterfield’s innovative thinking and his desire to push the boundaries of what was possible within tight technical constraints.

Ludicorp and Flickr

In the summer of 2002, Stewart Butterfield co-founded the company Ludicorp in Vancouver, Canada, alongside Jason Classon and his then-wife, Caterina Fake. 

Initially, Ludicorp focused on developing innovative software products, but in 2004 the company launched its most notable creation, Flickr, a platform originally designed for photographers to upload and share high-resolution photos. 

Flickr quickly gained traction due to its user-friendly interface and unique features that made photo-sharing more accessible and engaging. 

Over time, the platform evolved, incorporating Web 2.0 innovations such as social networking, tagging, and open APIs, which allowed developers to integrate their own applications with Flickr.

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The success of Flickr caught the attention of major tech companies, and in 2005, it was acquired by Yahoo! for an estimated $30 million, marking a significant milestone for Butterfield and his team. 

Under Yahoo!, Flickr continued to grow in popularity, becoming one of the world’s leading photo-sharing services. 

Butterfield stayed on as the general manager of Flickr following the acquisition, overseeing its development and integration within Yahoo!. 

However, after several years with the company, Butterfield decided to part ways with Flickr and Yahoo!, resigning in 2008 to explore new ventures and ideas in the tech industry.

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Tiny Speck and Slack

stewart butterfield age
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After departing from Flickr and Yahoo!, Stewart Butterfield embarked on a new entrepreneurial venture by co-founding the company Tiny Speck in 2009. 

Tiny Speck’s first project was an ambitious and creative undertaking: the development of a browser-based massively multiplayer online game called Glitch. 

Launched in 2011, Glitch was a quirky, imaginative game that emphasized collaboration and exploration in a whimsical virtual world. 

Despite its innovation, the game struggled to gain a substantial player base and was ultimately shut down in 2012 due to its lack of popularity. 

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Although the closure of Glitch was a setback, Butterfield and his team at Tiny Speck remained undeterred, shifting their focus to a new idea that would later become one of the most influential tools in modern workplace communication.

In 2013, Tiny Speck launched Slack, a team communication platform co-developed by Butterfield, along with Eric Costello, Cal Henderson, and Serguei Mourachov. 

Originally developed as an internal tool to facilitate communication during the development of Glitch, Slack quickly proved to have broader appeal and utility across industries. 

The platform’s intuitive design and features, such as channels, direct messaging, file sharing, and integration with third-party applications, made it a revolutionary tool for workplace collaboration. 

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Slack’s adoption spread rapidly, attracting users from a wide range of industries seeking to streamline communication and enhance productivity.

As Slack’s popularity soared, Tiny Speck rebranded as Slack Technologies, and by the end of 2015, the platform had accumulated over two million daily active users and secured $340 million in venture capital funding. 

The company’s rapid growth culminated in a significant milestone in 2019, when Slack Technologies went public with an initial market capitalization of $21.4 billion, solidifying its status as a major player in the tech industry. 

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The following year, in 2020, Salesforce, a leading cloud-based software company, acquired Slack Technologies for $27.7 billion, marking one of the largest tech acquisitions in recent history.

After leading Slack through a period of unprecedented success, Butterfield stepped down as CEO in late 2022, leaving behind a legacy of innovation in both team communication and the broader tech landscape. 

His journey from Flickr to Slack highlights his ability to identify emerging trends, adapt to challenges, and ultimately create tools that reshape the way people work and interact in the digital age.

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Stewart Butterfield’s Wife and Children

In 2001, Stewart Butterfield married fellow Internet entrepreneur Caterina Fake, a partnership that extended beyond their personal life into the professional realm. 

Together, they co-founded Ludicorp, the company behind the launch of Flickr, which became one of the most influential photo-sharing platforms in the world. 

Their collaboration in both business and life was notable, as they shared a vision for how technology could transform online interaction and social media. 

The couple had one child together before eventually parting ways and divorcing in 2007, shortly after the success of their joint venture.

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In 2020, Butterfield married his second wife, Jennifer Rubio, a successful businesswoman and co-founder of the luggage brand Away. 

Rubio’s entrepreneurial background and leadership in the business world made her a fitting partner for Butterfield, who had also achieved great success with Slack Technologies. Together, they formed a family and had two children, including their daughter, Mint.

In a shocking and distressing turn of events, Mint was the victim of a kidnapping in 2024. 

Fortunately, she was rescued, bringing relief to the Butterfield family after a harrowing ordeal. This incident highlighted the challenges public figures like Butterfield and Rubio can face, as their high-profile status can sometimes attract unwanted attention. 

Through these personal challenges, Butterfield has continued to focus on his professional ventures while navigating the complexities of family life.

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Stewart Butterfield Now

stewart butterfield worth
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At 51 years old, Stewart Butterfield is a renowned Canadian billionaire businessman, most famously known for co-founding the revolutionary photo-sharing website Flickr and the team-messaging platform Slack. 

Over the years, Butterfield’s entrepreneurial vision and leadership have left an indelible mark on the tech industry. 

While Flickr transformed the way people shared and interacted with digital photography in the early 2000s, Slack became an essential communication tool for businesses worldwide, revolutionizing workplace collaboration.

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In 2020, Salesforce acquired Slack Technologies for a monumental $27 billion, marking one of the largest tech acquisitions in history. 

However, integrating Slack’s culture with Salesforce’s larger corporate structure proved to be a challenge for Butterfield. 

Earlier this year, he stepped down from his position at Slack, candidly admitting that he “wasn’t very successful” at merging the two companies’ distinct cultures. 

Despite this, Butterfield’s legacy as a transformative tech innovator remains firmly intact.

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Since leaving Slack, Butterfield has shifted his focus to new ventures, including investing in luxury real estate alongside his wife, Jen Rubio, co-founder of the travel goods company Away. 

Together, the couple has ventured into high-end property acquisitions, reflecting their shared success and status in the entrepreneurial world. 

This move into real estate marks a new chapter for Butterfield, as he continues to explore different industries while maintaining his billionaire status.

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Stewart Butterfield’s Net Worth

Stewart Butterfield is a Canadian billionaire businessman and innovative tech entrepreneur, best known for co-founding both Flickr and Slack, two platforms that have had a profound impact on digital photography and workplace communication. 

His ventures have earned him significant success, leading to a net worth of $1.6 billion. 

As a visionary in the tech industry, Butterfield’s influence extends across various sectors, solidifying his status as a prominent figure in the business world.

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FAQs

What is Stewart Butterfield doing now?

Stewart Butterfield is currently investing in luxury real estate with his wife, Jen Rubio, after stepping down from Slack.

How much is Stewart Butterfield worth?

Stewart Butterfield has a net worth of approximately $1.6 billion.

Who is the CEO of Slack (LinkedIn)?

After Butterfield stepped down, Lidiane Jones became the CEO of Slack.

Where does Stewart Butterfield live?

Butterfield is known to own luxury real estate, but his primary residence is not publicly detailed.

Did the CEO of Slack quit?

Yes, Stewart Butterfield resigned as CEO of Slack in late 2022.

Is Stewart Butterfield a billionaire?

Yes, Stewart Butterfield is a billionaire with a net worth of $1.6 billion.

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