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Facebook isn't a technology company - funny Mark thinks it is!
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Re: Facebook isn't a technology company - funny Mark thinks it is!
#2Funny you think that statement means anything useful.
Facebook certainly is powered by technology and its future certainly relies on innovating using technology. Why don't you clarify what you mean in more than a single sentence?
Re: Facebook isn't a technology company - funny Mark thinks it is!
#3Any company that can deal with that kind of traffic has to be at least fairly good at technology.
But I think he meant more than that. He meant they approach problems (including nontechnical ones) the way technical people do. That's an interesting idea. And it seems to be working, too.
Re: Facebook isn't a technology company - funny Mark thinks it is!
#4By that measure, neither is google.
Re: Facebook isn't a technology company - funny Mark thinks it is!
#5Just stop to think about how fast those photos load on Facebook, and you'll know they're a tech-driven company.
Re: Facebook isn't a technology company - funny Mark thinks it is!
#6Just stop to think about how fast those photos load on Facebook, and you'll know they're a tech-driven company.
Serving massive quantities of static images is probably the easiest challenge they've (uhh) faced -- it's just expensive.
Re: Facebook isn't a technology company - funny Mark thinks it is!
#7Funny you think that statement means anything useful. Facebook certainly is powered by technology and its future certainly relies on innovating using technology. Why don't you clarify what you mean in more than a single sentence?
He referred to EBay as "not a technology" company, because they don't have many technical people in management. Just because Facebook has technical people in management, doesn't make it a "technology company" either. At least, not yet. Facebook is a great social networking site but certainy not a technology company. My examples of technology companies include Microsoft, IBM, Oracle, Sun, BEA etc.
Re: Facebook isn't a technology company - funny Mark thinks it is!
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Re: Facebook isn't a technology company - funny Mark thinks it is!
#9I didn't see the speech, but my guess is that this has something to do with invention verse innovation.
Invention means to create new technology. Innovation means to recombine old technologies for a new purpose.
Technology companies invent. Technical companies innovate.
Advice: Don't be a technology company. Profits are a function of how much people want your product, not how much you spend on R&D. If you can make something people want for zero R&D, versus making something people want that requires a huge investment, the intelligent choice should be obvious.
This is the premise of Seth Godin's book Free Prize Inside. That is, you could spend 50 million dollars inventing a new cereal that will double sales if it succeeds (but will most likely fail), or you could double sales just by putting a free prize inside.
Re: Facebook isn't a technology company - funny Mark thinks it is!
#10Funny you think that statement means anything useful. Facebook certainly is powered by technology and its future certainly relies on innovating using technology. Why don't you clarify what you mean in more than a single sentence?
He referred to EBay as "not a technology" company, because they don't have many technical people in management. Just because Facebook has technical people in management, doesn't make it a "technology company" either. At least, not yet. Facebook is a great social networking site but certainy not a technology company. My examples of technology companies include Microsoft, IBM, Oracle, Sun, BEA etc.
Funny. I wouldn't include any of those on my list of innovative companies. So maybe technology is just an irrelevant term anyway. Let's say "technically innovative" instead.