Some Wisdom from Mark Zuckerberg

Clearly, the most famous student entrepreneur right now, Mark Zuckerberg has endured more than his fair share of criticism. A CNN story recounts Zuckerberg’s recent appearance at a Web 2.0 conference. Some good stuff in the piece. Here are a few snippets:

Zuckerberg, a young CEO at 26 years old, conceded he has “made every mistake you can make. But people allow those mistakes because they love [Facebook].”

and

“Over the next five years, most industries are going to be rethought to be social,” Zuckerberg said. “Social makes any Web application a whole order of magnitude more engaging than anything else.”

Gaming developers best embody that philosophy, Zuckerberg said, citing four successful companies that were built around the Facebook platform: Zynga, Playfish, Playdom and Crowdstar.

“All four are really good companies, too,” Zuckerberg said. “Zynga’s market cap is now bigger than EA’s. That’s massive disruption.

and later,

Audience members laughed when Zuckerberg called Facebook a “small” company in pointing out that the site has “only a few hundred” engineers.

“If something doesn’t have to be built by us, we’d rather it wasn’t,” Zuckerberg said. “Apple and Google will come up with an idea and just build it, but we’re more decentralized. Why not mobilize some young entrepreneur to build their own thing, build their own company?”

I think this guy is pretty smart and well worth learning from.

via Zuckerberg: Facebook can make mistakes because users love it – Nov. 16, 2010.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s