Ignitepresentation
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Transcript of Ignitepresentation
The FacebookEffect: The Inside Story of
the Company that is Connecting the
WorldDavid Kirkpatrick
The beginning
Dustin Moskovitz, Chris Hughes, Mark Zuckerberg
Freshman roommates destined to change the world
Harvard and beyond
The vision
quote
VIDEO
Changing for the better“tagging”statuses
The role of privacy
Spreading beyond collegeHigh schoolersAdultsBusiness profiles
Expanding the roles behind the scenes
Hiring new young staff in touch with the desires of the users
Hiring old-timers that would provide expertise from past experience
Becoming a platformIntroducing “apps”
-games
Strategies behind success:
Learning from others mistakes
Limiting the role of money
Loyalty to the company and it’s vision
As friendster gained popularity it didn’t take into account the effect the increase of users would have on it’s servers. It quickly became so overloaded with data that the site was slow and never working properly. Users lost interest and the site failed.
Zuckerberg and his team learned from friendster’s mistake. They only brought facebook to new schools when they had new servers that could handle it. This kept the site speedy and efficient, just like the users wanted.
Sean Parker’s lesson about who to trust
HOW MUCH
DOES MONEY
MATTER?
The facebook team was very reluctant to allow VC’s to invest in their company. They didn’t want to get involved with any party that would try to use their investment to change the ways of the site for their own advantage. Zuckerberg only wanted supporters who shared his same vision for facebook.
Saying “NO” to venture capitalists
Refusing to sellSticking to the original visionHaving confidence in the future
What facebook has come today
VIDEO 2
The future of facebook
What does social networking mean today?