The Things That Connect Us. Facebook's 'Next Billion': A Q&A With Mark Zuckerberg. In 2004, Mark Zuckerberg launched Facebook (FB) from his Harvard University dorm room, hoping to see what his classmates were up to on campus. The following eight years brought international fame, unimaginable wealth, a hit Hollywood movie, a disastrous initial public offering, a sagging stock price—and one unprecedented achievement. On Sept. 14, the company reached 1 billion active users. In an exclusive interview with Bloomberg Businessweek’s Brad Stone and Ashlee Vance, Zuckerberg reflected on the milestone and what’s next for his company as it resurfaces from a wave of negativity.
Bloomberg Businessweek: Congratulations on your first billion users. What does this mean for Facebook? Mark Zuckerberg: The No. 1 value here is focus on impact. We’ve always been small in terms of number of employees. Microsoft (MSFT)? Did you guys think about doing anything with the billionth user, grocery store-style? How did you celebrate the moment? How do you get to 2 billion users? Zuckerberg: Online Sharing Is Growing At An Exponential Rate (And Users Are Sharing 4 Billion Things A Day) Today at a special event at its headquarters in Palo Alto, California, Facebook CEO Mark Zuckerberg has taken the stage to unveil some key new announcements (you can find our live notes and a live stream right here).
One of the first things Zuckerberg announced: Facebook has observed the the rate that its users are sharing is increasing at an exponential rate. He explains that if you look at any Facebook user, on average, the amount they share today is twice what they shared a year ago — and in one year they’ll probably be sharing twice as much as they are today. It’s an important trend, and it’s one that Zuckerberg says probably applies to the internet at large rather than just Facebook. But a lot of it is happening on the social network — users are now sharing 4 billion ‘things’ on Facebook every day. So why is this important? If you look at the charts below, you can see we’re right at the elbow of the growth curve. In other words, sharing may be about to explode. Facebook's Bold, Compelling and Scary Engine of Discovery: The Inside Story of Graph Search | Wired Business.
Beast had a birthday last week. The First Dog of social networking — live-in companion to Mark Zuckerberg and his bride, Priscilla Chan — turned two. The proud owners baked a cake for the Hungarian sheepdog and decided to throw an impromptu party. Naturally, when it came time to compile the guest list, the couple turned to Facebook, the $67 billion company that Zuckerberg founded in his dorm room nine years ago. To date, sorting through your Facebook friends could be a frustrating task. Although the site has a search bar, there has been no easy way to quickly cull contacts based on specific criteria. For years now, Facebook watchers have wondered when the company would unleash the potential of its underpowered search bar.
In the weeks leading up to the launch, Facebook executives were still trying to come up with a name for the new product. The result is surprisingly compelling. Zuckerberg says that this is in fact a return to the company’s roots. The first of many steps, that is.
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