Tim Wu is a professor at Columbia Law School and the author of “The Master Switch: The Rise and Fall of Information Empires.”

Once upon a time, books about American inventor-founders were invariably reverential. Thomas Edison, Alexander Graham Bell, Samuel Morse and the Wright brothers were depicted as men who lived among us but were unlike us: geniuses with a practical vision, who could see a future that others could not. The founder, moreover, was usually virtuous and patient, tolerating years of lonely experimentation before finally finding redemption and success.

That’s decidedly not how the story is told in Nick Bilton’s captivating and fast-paced “Hatching Twitter.” His book joins “The Accidental Billionaires” (Facebook) and “The Everything Store” (Amazon) as treatments of highly successful tech firms with far less veneration than was once traditional. The founders of Twitter — Evan Williams, Jack Dorsey, Noah Glass and Christopher Stone — are, we find out, a collection of mediocrities, narcissists and mopers who seem to spend as much time on scheming, self-promotion and self-destruction as on anything else.

There is no founding genius in this story, for Twitter’s invention was not, in Bilton’s account, the kind of great leap forward one associates with the light bulb or the iPhone. In 2006, the four founders were working for a dying start-up named Odeo when they launched Twitter as a side project and something of a Hail Mary pass. Based on a brainstorming session, they decided to build a mobile-phone version of the “status updates” popularized by AOL. Twitter’s subsequent growth into a global publicity machine seems to have happened almost by accident, as users found purposes the founders never envisioned, muddying the question of who invented Twitter as we know it.

If there was a visionary moment, it might have been coming up with the name, chosen by Glass, who was fired early on. Thinking about brain impulses led Glass to look up “twitch” in the dictionary; he kept going until he found “twitter,” described as “the light chirping sound made by certain birds,” which came with the verb form “to tweet.” Nor is Twitter’s story one of elegant execution; at least as Bilton tells it, the company lurched from one operational fiasco to another, though one does suspect that management must have been doing more things right than the book lets on.

“Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal” by Nick Bilton. (Penguin )

If there is little sign of genius or invention in Bilton’s tale, there is even less of virtue. Schoolchildren were taught to revere Bell and Edison, but it is hard to imagine anyone wanting to emulate the Twitter founders, with the exception of the even-keeled Stone. As Bilton sees him, Glass is an erratic moper given to panicked screaming at work, drunken media leaks and hijacking of engineering time. Williams gets some credit for his free-speech principles and for hiring general counsel Alex Macgillivray, who resisted government intrusions and safeguarded Twitter’s role as a tool for dissidents. Yet Williams is also depicted as a slow and indecisive leader, who spends months debating whether to buy the Tweetdeck platform, costing the firm millions. He cannot appreciate his ineffectiveness and has no awareness of the plot to oust him.

But it is Dorsey who is cast as the book’s villain, a shameless schemer and desperate narcissist whose fame, Bilton suggests, is premised on deceptions. As Twitter’s first chief executive, he is incompetent and inept — “like the gardener who became the president,” committing such basic operational errors as failing to ensure that the site had a backup. Given three months to prove himself, Dorsey, instead of fixing constantly crashing servers, decides to invest in a fancy 2008 election Web site.

He is demoted to “passive chairman.” But instead of retreating, he starts a whisper campaign to destroy Williams, the new chief executive. Meanwhile, relying on the gullibility of the tech press, he credits himself as Twitter’s sole “founder, inventor, architect and creator,” and later instigates a media campaign to have himself considered “the next Steve Jobs.” Bilton has said in an interview that he was among those duped by Dorsey’s “sole inventor” fable, which may in part explain why his account is so damning. This time, Bilton seems determined to set the record straight.

The strength of his book is that it does an excellent job of depicting the emotional atmosphere at West Coast start-ups: a cycle of exhilaration and hopelessness shadowed by the persistent fear of missing out. The painful dying days of Odeo, marked by constant firings, are well contrasted with the giddiness as Twitter gains users, wins awards and suddenly has the Russian president and Snoop Dogg hanging out at its headquarters. As for missing out, pity poor Glass, who, after being fired in 2006, cannot escape hearing about the company he named or the billions his old friends made. In comparison, Sisyphus got off easy.

There’s no other way to put it: This is a gossipy book. Bilton prefers personal drama and embarrassing stories to strategic or technological details. The focus on personalities, conflict and resolution is borrowed from the scriptwriter’s manual, and while it makes for a good read, we ultimately get only a vague sense of Twitter itself. We are more likely to learn about Dorsey’s inept passes at one of the few female employees (he presented her with a new paper crane every day, apparently) than to understand how Twitter overcame Dodgeball, its onetime competitor.

In Bilton’s defense, he didn’t set out to write the story of Twitter. His book is billed as the story of its founders. There is no particular reason to doubt the accuracy of his account, based as it is on extensive interviews with principals, each apparently eager to get his or her side of the story told. Yet Bilton makes Twitter’s founders seem so incompetent that one wonders how the company got anywhere. It is a matter of style — it’s possible, after all, to recast the founding of Bell Telephone as the tale of a cowardly young man who collapsed at the first sign of serious competition and let the company be taken over by his father-in-law.

In the end, Bilton’s book does a service, and not just in exposing Dorsey. In a society that idolizes tech founders, it is healthy to be reminded that they are so often ordinary young men who just happened to be the ones pulling the lever when three bars came up.

Tim Wu is a professor at Columbia Law School and the author of “The Master Switch: The Rise and Fall of Information Empires.”

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A True Story of Money, Power, Friendship, and Betrayal

By Nick Bilton

Portfolio. 302 pp. $28.95