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The Maturation of Mark Zuckerberg
31–40 of 78 posts
Re: The Maturation of Mark Zuckerberg
#32" Zuckerberg all but stopped writing code for Facebook in the summer of 2005."
Did he really stop coding? How can one give up coding and focus on managing? I really find it difficult.
Re: The Maturation of Mark Zuckerberg
#33The IPO is timely because there is no telling how long it will take for Facebook to become the next MySpace. It could be 6 months or a couple of years, or never, if they find some way to reinvent themselves before then.
I'm not at all worried about Facebook failing. I'm worried about them succeeding beyond all expectations.
I think that ship has already sailed...
Re: The Maturation of Mark Zuckerberg
#34Earlier quoted context omitted.
You shouldn't be worried about either. Smoke and mirrors are always in stock.
Not the stock I'm concerned with. It's the fact that 1 in 8 people in the world now use Facebook monthly. When that becomes 1/3 or 1/2, what happens? A successful IPO can make that happen.
I can't really see how a successful IPO helps them grow, its not like they need the cash?
Re: The Maturation of Mark Zuckerberg
#35" Zuckerberg all but stopped writing code for Facebook in the summer of 2005." Did he really stop coding? How can one give up coding and focus on managing? I really find it difficult.
Managing a company is not that different from coding: instead of instructing machines what to do, you instruct people.
Re: The Maturation of Mark Zuckerberg
#36As much as you can criticize Facebook for its privacy fumblings and other missteps I have an enormous amount of respect for Zuck for one simple reason:
For someone of that age with so little experience to guide something that started from his dorm room into a (potentially) $100B company in ~10 years while still maintaining effective control of it is a truly remarkable accomplishment. There would have many, many opportunities (and traps!) to exit, get ousted by investors or whatever.
The fact that he didn't cash out and maintained his singular vision is (agree with it or not) a remarkable trait.
He does seem like he has come a long way since his virtual meltdown at the All Things D conference 2 years ago.
Re: The Maturation of Mark Zuckerberg
#37great discussion. interesting topic. garbage article. really. read it. it's absolutely atrocious.
Re: The Maturation of Mark Zuckerberg
#38"It is a huge sum, even in context. Zuckerberg’s impending fortune is more money than Wal-Mart’s 10,000-plus stores made last year." This line is a little disingenuous. It's more money than Wal-Mart "earned" last year, not "made". Wal-Mart earned ~$15B on revenues of $447B in 2011. Still, sort of surprising given the company has annual revenues higher than many countries' GDPs...
Considering the author of the story is permanently banned from Wall Street for fraud, it does not surprise me he is loose with the numbers. I would also question the rest of the analysis as well.
In case anyone was wondering, that comment is almost a textbook example of an ad hominem.
Re: The Maturation of Mark Zuckerberg
#39" Zuckerberg all but stopped writing code for Facebook in the summer of 2005." Did he really stop coding? How can one give up coding and focus on managing? I really find it difficult.
Managing a company is not that different from coding: instead of instructing machines what to do, you instruct people.
But machines are rational and logical, people are not. :|
Re: The Maturation of Mark Zuckerberg
#40The IPO is timely because there is no telling how long it will take for Facebook to become the next MySpace. It could be 6 months or a couple of years, or never, if they find some way to reinvent themselves before then.
I'm not at all worried about Facebook failing. I'm worried about them succeeding beyond all expectations.
Well, one is for sure: Zuckerberg was very lucky that Instagram owners were not mini-Zucks. Scared to think what will happen next time when Zuck needs to buy a competitor and they owner will greet him with: "Hello, Mr. Mark, I am Bark, CEO of X, Bitch!"