Earlier quoted context omitted.
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.
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!
#12So is Facebook a technology? Yes, I think so. It's a useful tool for promoting events and for keeping track of friends (contacts, what they are up to).
I agree that it isn't the most challenging or complex type of technology, but I've found some of the features (on Facebook) to be quite useful and entertaining.
Re: Facebook isn't a technology company - funny Mark thinks it is!
#13- We are the largest user in the world of memcached, an open-source caching system. Originally developed by LiveJournal, we've since made so many scalability improvements and performance upgrades that we will be the primary contributor of features in the next major release.
- We've created a custom-built search engine serving millions of queries a day, completely distributed and entirely in-memory, with real-time updates.