Zuckerberg's Second Law
roughtype.com
roughtype.com
Sure its easy to criticize but its a very simple fact that he had the vision/balls to make pretty bold moves and have them pay off.
How many of you guys can honestly say you could run that big of a company as CEO mind you. Not just some tech guy, some programmer but as C.E.O. AND programmer I have to respect him for that. He has made pretty swift and successful business moves which can't be said for a lot of startups.
Who would turn down 1 billion dollars, only to be valued at 10 times that later? Did we all forget about the success of the facebook api?
It is ironic that I am defending the guy, because I never went to college, so when fb was happening and all my peers were using it - I couldn't .And I do remember the douch-ness of his "a mark zuckerburg production" copyright details coupled with a logo that had HIM IN IT - but that is besides the point.
The percentage of information consumers choose to share is more of a question of market adoption.
If you have Zuckerberg luck (henceforth known as "Zuckluck")-- the kind of +5 sigma noise that can only befall mediocre talent-- you can sell a rightly-placed fart for billions of dollars.
In an alternative universe, Mark Zuckerberg is working as a junior analyst for some large company, and his workmates think he's a bit of a twat. In this universe, he's the CEO of a billion-dollar company and everybody still thinks he's a twat.
I am concerned they are still raising tons of money and burning through it so quickly.
It gets massive number of page views, and is very popular, but business isn't a popularity contest. If you can't figure out how to make money, you're not a successful business.
If you are as successful as he is at such a young age, everyone will be predisposed to hate you unless you seem extremely self-deprecating. He doesn't bother to, either because he's a nerd and doesn't know he should, or because he doesn't want to stoop to being a politician. Ergo people hate him.
Whenever you despise someone you envy, question your motives.
This problem is endemic in academia, and most other social settings I can think of where most people feel impotent, such as high school and socialist countries.
That being said, I am solidly on the side of the herd. I am horrible at being assertive and making things happen.
Hackers aren't, by and large, an envious crowd. We tend to admire those who are far better than we are, and we like working with them because it enables us to learn an incredible amount fast. There's no point in envying the guy who is five times better when it's possible to study up, practice writing good code, and eventually be as good as he is. (Of course, he'll also improve during this time and still be ahead, but this is not an issue, or even relevant; great hackers benefit the entire ecosystem.)
Mark Zuckerberg is different from Graham, Jobs, et al. He's not socially awkward. He's arrogant and annoying and makes terrible design decisions, despite the rather obvious fact that Facebook's rise, at the expense of superior competitors, is entirely the result of fortunate position (Harvard). Most of us wish he would just go away. There's no "hate" for him; we just don't like seeing a person of such mediocre talent and poor decision-making mettle being lifted to the status of our generation's emblem of success. I'd rather let him have his millions and get him out of the way.
++ Edit: did not realize I was replying to Paul Graham when I wrote this. I feel very awkward to have used you as an example in this post, and also to have used your name in third person instead of second.
Zuckerberg, to our generation, is emblematic of the successful mediocrity (not a contradiction)-- often the annoying, arrogant suckup who gets into good schools by doing a hundred extracurriculars not very well, the one who gets ahead by exploiting the system. This ties in well to the fact that the absolute only reason any of us have heard of Facebook (originally thefacebook... :vomit:) is that it started at Harvard and was able to use prestige at each level of market growth (first Harvard, then the Ivy League, then the top ~150 colleges...) to progress to the next. It makes him a symbol of the Elite College Mediocrity (ECM), an archetype that all of us hate. Those of us who went to top colleges will never forgive the ECMs for the damage they did to our college experience. Those who didn't go to top colleges despise ECMs because the ECMs have more competitive resumes and stronger rolodexes for no good reason.
Zuckerberg's not an ECM at all, actually, since he's quite bright compared to the average person and even the average student at Harvard. He is, however, an utter incompetent compared to level of success and prominence to which he has been lifted by the sheer dumb force of +5 sigma luck.
He also gave a talk at Startup School 2007 that was absolutely terrible. In fact, it was so awful as to raise suspicions of sabotage.
http://www.thinkpress.com/authoritas/housesystem/trailer.htm...
By the way, did you hear Steve Jobs is arrogant? The nerve of the guy, after building the second most successful consumer computer company of all time.
facebook.com was originally owned by someone else.
I know dozens of non-tech-savvy people who visit Facebook every day. I know people who check Facebook more often than their e-mail. I certainly have issues with aspects of Facebook as well and everyone on this board probably has a list of things they'd change if they were in charge (I know I do), but Facebook's breakneck growth and absurdly high visitor loyalty show that they absolutely produce something of value.