Dustin Moskovitz, Chris Hughes, Mark Zuckerberg Freshman roommates destined to change the world
Harvard and beyond
Changing for the better “tagging” statuses
The role of privacy
Spreading beyond college High schoolers Adults Business profiles
Expanding the roles behind thescenes Hiring new young staff in touch with the desires of the users Hiring old-timers that would provide expertise from past experience
Becoming a platform Introducing “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 increaseof users would have on it’s servers. It quickly became so overloaded with data thatthe site was slow and never working properly. Users lost interest and the sitefailed.Zuckerberg and his team learned from friendster’s mistake. They only broughtfacebook to new schools when they had new servers that could handle it. Thiskept the site speedy and efficient, just like the users wanted.
Sean Parker’s lesson about who to trust
Saying “NO” to venture capitalistsThe 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.
Refusing to sell Sticking to the original vision Having confidence in the future