The Uncomfortable story to the Background of Facebook
rollingstone.com
rollingstone.com
How do you deal with people who you start with that just don't have what it takes to grow or move the company forward? How do you deal with people who haven't contributed as much work as you have, who don't take initiative to do work on their own, and who don't 'get/grow the idea' as fast as you do? (some of these are gleaned from the article, some I just ask for myself).
Mark Z's actions, if his coworkers were to fall into these categories, are acceptable, and probably the only way to do it properly. And, considering the majority of his coworkers were college students who just happened to be nearby (not hired or specially picked), it is very likely that they didn't have the capicity or willpower to bring the company along as much as Z. did.
There are ways to gracefully push people out, and then there are ways of posturing yourself by forcefully and publicly kicking people out. He obviously does not know how to do the former.
What a bad writer.
Did Zuckerberg pull some douche moves or was he savvy? Would you have acted similarly?
He's an incredibly bright person who cares only about being a success. He's making some incredibly savvy moves that I think are best for his company, but at the same time he's being quite a bit of a douche.
"Hey, I like your idea so much that I actually want to execute on it. Sorry."
At least Z's guilt can dissipate if it turns into a success.
Personally, I've seen people use my ideas and thoughts. Their error is not to include me.
Blog Nation I think could've started on the back of my prototype site (I'm not totally sure), but it has now crashed and burned, and I emailed the founder with a link before BN started. At first I was somewhat peeved, and now it's somewhat amusing.
People with ideas and executive ability are rare perhaps. Some people can spot a good idea but not generate one, and they are always on the lookout for ideas. Others generate but can't separate the wheat from the chaff.
For the former, one might want all the credit and glory and leave the latter in the cold and isolated as much as possible. Both need to reconcile with each other as best as possble, as is happening now in the Facebook saga.
Greenspan has learned the hard way perhaps. Sometimes you have to know when to move on.
Subtle but important difference.
Also might shed some light on why Sequoia never got in on Facebook...
"In his senior year at Exeter, Zuckerberg and his roommate, Adam D'Angelo, wrote software for an MP3 player that was able to learn a user's listening habits and build a digital library based on previous selections. Several companies showed an interest in the application, including an AOL subsidiary, but D'Angelo and Zuckerberg had no intention of selling. They didn't care about money. They cared about code. "They were the most advanced computer-science students at the school," recalls Kristopher Tillery, a classmate who set up a site with Zuckerberg that allowed Exeter students to order snacks online."
And this: "The way he talked, the way he dressed, everything about him screamed immature," Greenspan recalls. "He seemed unprofessional. I had run a company since I was 15. It just didn't seem like he got it. That whole persona just didn't impress me." Although he was congratulatory at the time, Greenspan now says he was put off by Zuckerberg's original venture, Facemash. "You can spend time writing software for good or evil, and that was pretty close to evil," Greenspan said. "It wasn't that he inflicted harm because he enjoyed it — it was because he didn't care. Which I thought was almost worse."
Can you give your analysis on the capabilities of the students surrounding Facebook at the time? They were probably all bright and talented, but did they have the drive, dedication, analytical skills, and abilities to do what was required to succeed? I'm curious because Harvard has the best and brighest in the country (arguably), and I'm wondering exactly what that means in a quantifiable way.
The short version of my answer to your question is that you really already answered it--you have to define success first. Mark has succeeded at things I've failed at, and I've succeeded at things that Mark has failed at. Does that make one of us "better" than the other? In monetary terms, maybe eventually, but even those terms haven't been strictly defined yet for the time being. In moral terms, I think there's a clear answer to that question, but it's not going to yield a number for you.
Besides, who says that everything has to be quantifiable? Some things in life just aren't.
What does would a quantifiable way be?
If they can't monetize Facebook, is he really worth anything?
He cashed out ~ $1 million, according to Sarah Lacy's book which she interviewed him for.
scared the hell out of me.
I'm not a lawyer but I've got a countermeasure for this type of legal abuse. Copyright is intended to be for a fixed term but I don't recall any details that allow or prevent this period to be deferred. Therefore, if a book has next year's copyright then it may not yet be in copyright.
It is that registration date that's important, not so much what the author put down as the copyright year. So people that post date copyrights will have a hard time convincing a court that they truly own the copyrights without any other supporting evidence (such as registration, notarization, or other means of proving a date).
And I'm not aware of anyone post dating copyrights years ahead. That would make no sense as copyrights firstly last decades after the person's death and secondly can easily be extended. So delaying the "start" date of a copyright has no particular advantage.
Mark did nothing wrong here. There was nothing really novel about FB, it was clean and doing what others do. FB does not claim Ning and everyone else are coping them... The only thing that is wrong is the assumptions that others made about how the real world works and that they are now sour grapes is absolutely no surprise. It won't be the first nor the last case where someone strikes gold and the rest of the world claim they helped hold the torch and then want a cut.
This comes from someone who has had millions in ideas 'directly' (drawings off the desk) stolen from him...
I don't cry about that, I play by the rules of the world, it's tough out there and to play you do so by the real ruthless rules of survival of the fittest or you will be a looser in a court claiming your owed a living.
Sure I had loads of ideas stolen, but I'm also a realist and know that I also borrow from others whom I stand upon their shoulders when I make my way in my ventures.
Next time if you have a good idea, don't talk about it do it....
Regardless, I still think he's a genuine entrepreneur and the success of Facebook is a reflection of his ambition. I only wish I had not heard this side of the story, it contradicts a more positive image I associated to him. It also sounds like success has gone to his head, a discount to fortune that makes it lonelier at the top.
:\
These guys were supposedly working on their site (of a relatively simple and obvious idea) for a year, with nothing to show for it, and their conclusion is: “'That's supposed to be us.' We're not there, because one greedy kid cut us out."” As if the 10 hours of work Zuckerberg didn’t do on their site was the only thing separating failure from unbelievable riches.