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It's Becoming Clear That No One Actually Read Facebook's IPO Prospectus Or Mark Zuckerberg's Letter To Shareholders

It's Becoming Clear That No One Actually Read Facebook's IPO Prospectus Or Mark Zuckerberg's Letter To Shareholders
As Facebook's stock continues to collapse, the volume of whining is increasing. Four months ago, you will recall, Facebook was viewed as "the next Google." Now, with no major change in the fundamentals, it's viewed as an over-hyped disaster. Meanwhile, there is ever-louder grumbling that 26-year-old Facebook CEO Mark Zuckerberg is in over his head and should be relieved of command. As I listen to all this whining, I have a simple question: Didn't anyone even read Facebook's IPO prospectus? The answer, I can only assume, is "no." Because if anyone had read the Facebook IPO prospectus, they would have learned, among other things, the following: Even more importantly, if anyone had read the IPO prospectus, they also would have learned the following, all of which was expressed in a letter written directly to prospective shareholders by CEO Mark Zuckerberg: Facebook shareholders may be annoyed by those facts, especially now that the value of their stakes are getting demolished. The Hacker Way

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Why Facebook Clearly Belongs in the 10X Revenue Club February 1, 2012: Attached are my thoughts on the Facebook S-1 along with some quick stabs at valuation. Brief disclosure, Benchmark Capital has a minority position in Facebook as a result of the acquisition of FriendFeed, a company that was incubated in our offices. I thought it would be useful to look at Facebook using the scorecard from our May 24 blog post, “All Revenue is Not Created Equal, the Keys to the 10X Revenue Club.”

Laboratories for social change Zaid Hassan, Reos Partners - 28.03.2013 Current approaches to addressing complex social challenges are not working. While there is much to celebrate in terms of the numbers of people involved in change initiatives, in the increasing amounts of money being invested and attention given to social innovation, the underlying trends, from species loss to public debt, continue to deteriorate.

Seven of Steve Jobs’ and Steve Wozniak’s Craziest Pranks Posted on 21. Nov, 2011 by hilzfuld in iPhone, Marketing, Mobile, Tech inShare4 Leverage Points: Places to Intervene in a System Solutions Classic How do we change the structure of systems to produce more of what we want and less of that which is undesirable? After years of working with corporations on their systems problems, MIT’s Jay Forrester likes to say that the average manager can define the current problem very cogently, identify the system structure that leads to the problem, and guess with great accuracy where to look for leverage points—places in the system where a small change could lead to a large shift in behavior. This idea of leverage points is not unique to systems analysis—it’s embedded in legend: the silver bullet, the miracle cure, the secret passage, the magic password, the nearly effortless way to cut through or leap over huge obstacles. We not only want to believe that there are leverage points, we want to know where they are and how to get our hands on them.

Facebook’s business model Startups usually succeed because of a single major product or business innovation. Google is unusual in that they succeeded because of two major innovations: their core search product, and their keyword advertising business model. Back in 2000, when Google was wildly popular but generating no revenue, the conventional wisdom was that their business model was uncertain. Then Overture invented keyword advertising and Google adopted the same model. This turned out to be both wildly profitable and also, remarkably, created a better experience for both advertisers and users.

How Leaders Become Self-Aware - Anthony Tjan by Anthony K. Tjan | 9:01 AM July 19, 2012 A plethora of people, courses, and self-help guides profess to lead you by the hand to the promised land of business success. The problem is that things are always messier than the how-to’s make them out to be. How Bestseller Lists Work…and Introducing the Amazon Monthly 100 So you want a bestseller? If you’re going to compete against 200,000+ books per year in the US, you better understand how the lists work. (Photo: See-ming Lee) This will be a short post, but it’s one I’ve wanted to write for a long time. Special thanks to my book agent, Steve Hanselman, for help. Agile and SEMAT - Perfect Partners Ivar Jacobson, Ian Spence, and Pan-Wei Ng Today, as always, many different initiatives are under way to improve the ways in which software is developed. The most popular and prevalent of these is the agile movement. One of the newer kids on the block is the SEMAT (Software Engineering Method and Theory) initiative. As with any new initiative, people are struggling to see how it fits into the world and relates to all the other things going on.

Why I doubted Facebook could build a billion dollar business, and what I learned from being horribly wrong Facebook, early 2006Sometimes, you need to be horribly, embarrassingly wrong to remind yourself to keep an open mind. This is my story of my failure to understand Facebook’s potential. In 2006, I was working on a new ad network business that experimented a lot with targeting ads with social network data, broadly known as “retargeting” now. The idea was that we’d be able to take your interests and target advertising towards them, which would lead to higher CPMs. strategic thinking A strategic thinking definition (Abraham, Stan, Stretching strategic thinking, Strategy & Leadership , Vol. 33, No. 5 (2005), 5-12) -- ""Strategic thinking is defined as coming up with alternative viable strategies or business models that deliver customer value."" Strategic thinking has to do with finding alternative ways of competing and providing customer value . A company needs to compete, it needs a strategy to compete.