Late last week, AllThingsD reported hearing that Twitter co-founder Biz Stone was close to launching a new mobile startup called Jelly. Stone confirmed Monday that he is working full time on the startup, but says that it won't be launching anytime soon.
"News of Jelly emerged unexpectedly early so I’ll wait a bit to share more about the team," Stone said in a blog post on the Jelly website. "In the meantime, I’ll say this. Jelly will be for everybody, it will be developed first and foremost for mobile devices, and it will be free. But, it won’t be ready for a while."
Stone stayed extremely vague about what kind of app Jelly will work on, other than to suggest that it will help people "do good," and that it will be free and developed "first and foremost for mobile devices."
Stone left Twitter in mid-2011 and has since been working with Twitter co-founder Ev Williams on a startup incubator called the Obvious Corporation, which has helped launch several projects including Medium and Branch. However, it looks like Stone will be stepping aside from his role at the company to focus on Jelly. "Personally, Jelly will command my full attention aside from some advisory roles elsewhere," Stone wrote.
Jelly will be based in San Francisco and the company has not received any outside funding yet.