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GADGETS AND GAMES DIRECTORY :: > Business Register Weblog >  Business Tech Weblogs - WEEKLYBITS.COM GADGETS AND GAMES DIRECTORY
Silicon Alley Insider
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Visit Zuckerberg: Facebook Will Have A Business Plan In Three Years Zuckerberg: Facebook Will Have A Business Plan In Three Years in General
By Silicon
el 09-Oct-2008

zuckerberg.jpgIf you've had a nagging suspicion that Mark Zuckerberg really doesn't know how he'll turn Facebook into a business, wonder no more. You're right. Here he is talking to German newspaper Frankfurter Allgemeine Zeitung:

What every great internet company has done is to figure out a way to make money that has to match to what they are doing on the site. I don't think social networks can be monetized in the same way that search did. But on both sites people find information valuable. I'm pretty sure that we will find an analogous business model. But we are experimenting already. One group is very focused on targeting; another part is focused on social recommendation from your friends. In three years from now we have to figure out what the optimum model is. But that is not our primary focus today.

If you're counting, three years from now would be nearly 7 years since Mark (and others) started Facebook at Harvard, and four years since Microsoft plowed $240 million into the company.

We know the retort here: What about Google? They didn't figure out money for years, and look at them now! And we think that's a reasonable answer -- if you really think Facebook will end up as a Google-sized business. But if Facebook ends up being something less than that -- say, a big and popular Website, but not a world-changing business that throws off billions a dollars a year and disrupts multiple industries -- then Mark's backers may end up wondering why they didn't push him to figure that sooner than later.

We do wonder a tiny bit about translation issues here -- in parts of the Q&A, Mark sounds a little Col. Klink-like -- so we're hoping people get a chance to go over this with him again tomorrow at the Future of Web Apps conference in London. In the meantime, though, take some time to read the German paper's interview with him, which from what we can tell is one of the more informative Q&As he's done. A few more highlights:

FAZ: Can you please describe your cooperation with Sheryl Sandberg?

Mark Zuckerberg: She is an excellent manager. She is very good in building our international organization. I'm focused on the direction of the company, especially of the product development, and the overall strategy. I spend a lot of time working with engineers and product developers. We work together hand in hand.

FAZ: Who is the boss?

Mark Zuckerberg: Me!

....



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Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Zuckerberg: Facebook Will Have A Business Plan In Three Years
If you've had a nagging suspicion that Mark Zuckerberg really doesn't know how he'll turn Facebook into a business, wonder no more. You're right. Here he is talking to German newspaper Frankfurter Allgemeine Zeitung [..] Read complete article
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Published 09-Oct-2008 by Silicon in General
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Silicon Alley Insider Blogger

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Zuckerberg: We're Not Selling Facebook, Probably (MSFT)
markzuckerberg2.jpg - Zuckerberg: We A tutorial in how not to defuse a rumor, courtesy of Facebook's Mark Zuckerberg: Asked about a reports that Microsoft was looking to buy the remaining 98.4% of the company it doe [..] Read complete article
Subscribe to Zuckerberg: Facebook Will Have A Business Plan In Three Years
Published 19-May-2008 by Silicon in MSFT
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Silicon Alley Insider Blogger

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Facebook CEO Mark Zuckerberg: Yep, Beacon Was A Mistake
markzuckerberg2.jpg - Facebook CEO Mark Zuckerberg: Yep, Beacon Was A Mistake As promised, Mark Zuckerberg's D interview came and went without any booing or hissing. Also absent: Anything of much interest, save for the fact that we got to see how a [..] Read complete article
Subscribe to Zuckerberg: Facebook Will Have A Business Plan In Three Years
Published 28-May-2008 by Silicon in General
Read 3 times. More hits in More articles Facebook CEO Mark Zuckerberg: Yep, Beacon Was A Mistake Images about Facebook CEO Mark Zuckerberg: Yep, Beacon Was A Mistake
Silicon Alley Insider Blogger

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Facebook Channels College Roots For 100-Millionth-User Toga Party?
facebook-toga.jpg - Facebook Channels College Roots For 100-Millionth-User Toga Party? We don't know if Facebook founder Mark Zuckerberg attended any toga parties during his stay at Harvard. Nor do we know if Facebook is really th [..] Read complete article
Subscribe to Zuckerberg: Facebook Will Have A Business Plan In Three Years
Published 26-Aug-2008 by Silicon in General
Read 1 times. More hits in More articles Facebook Channels College Roots For 100-Millionth-User Toga Party? Images about Facebook Channels College Roots For 100-Millionth-User Toga Party?
Silicon Alley Insider Blogger

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Google Advertises On Facebook; Zuckerberg Doesn't Reciprocate
googfb.jpg - Google Advertises On Facebook; Zuckerberg Doesn Google and Facebook haven't been the best of friends lately. Facebook banned Google's Friend Connect late last week amid a battle over who controls personal Facebook data, and it doesn't look the [..] Read complete article
Subscribe to Zuckerberg: Facebook Will Have A Business Plan In Three Years
Published 19-May-2008 by Silicon in General
Read 0 times. More hits in More articles Google Advertises On Facebook; Zuckerberg Doesn Images about Google Advertises On Facebook; Zuckerberg Doesn
Silicon Alley Insider Blogger

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Mark Zuckerberg To Facebook Redesign Complainers: Get Over It
We're happy to give Mark Zuckerberg grief when he deserves it, but let's take a second to acknowledge one of his more impressive feats. Faced with a loud, immature and increasingly disruptive group of user [..] Read complete article
Subscribe to Zuckerberg: Facebook Will Have A Business Plan In Three Years
Published 18-Sep-2008 by Silicon in General
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Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

What Will Mark Zuckerberg Announce Today?
Mark Zuckerberg takes the stage at Facebook's f8 conference in San Francisco in about five hours, which means the Web is full of speculation about what he might announce. Here's [..] Read complete article
Subscribe to Zuckerberg: Facebook Will Have A Business Plan In Three Years
Published 23-Jul-2008 by Silicon in General
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How Barack Obama Won Facebook
chrishughesfacebook.jpg - How Barack Obama Won Facebook How did Barack Obama come to dominate Facebook? One move that helped: Hiring Facebook co-founder Chris Hughes in early 2007. Hughes, 24, was Mark Zuckerberg's Har [..] Read complete article
Subscribe to Zuckerberg: Facebook Will Have A Business Plan In Three Years
Published 07-Jul-2008 by Silicon in General
Read 4 times. More hits in More articles How Barack Obama Won Facebook Images about How Barack Obama Won Facebook
Silicon Alley Insider Blogger

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Another Googler Sets Sail For Facebook
Another Google (GOOG) exec heads for greener pastures at Mark Zuckerberg's Facebook: This time it's Google biz dev director Ethan Beard, who will join Facebook in a similar role, TechCrunch reports. Beard follows Sheryl Sandberg, wh [..] Read complete article
Subscribe to Zuckerberg: Facebook Will Have A Business Plan In Three Years
Published 25-Mar-2008 by Silicon in GOOGVIAB
Read 14 times. More hits in More articles Another Googler Sets Sail For Facebook Images about Another Googler Sets Sail For Facebook
Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Zuckerberg: Some Kind Of Revenue Coming To Facebook, Sometime
Facebook2.jpg - Zuckerberg: Some Kind Of Revenue Coming To Facebook, Sometime One thing that hasn't shown up in Facebook's redesign yet: New ad formats. In fact, from what we can tell, the site is now featuri [..] Read complete article
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Published 24-Jul-2008 by Silicon in General
Read 4 times. More hits in More articles Zuckerberg: Some Kind Of Revenue Coming To Facebook, Sometime Images about Zuckerberg: Some Kind Of Revenue Coming To Facebook, Sometime
Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Report: Facebook Tried To Buy German Clone Before Suing It
StudiVZFront.jpg - Report: Facebook Tried To Buy German Clone Before Suing It Before Mark Zuckerberg company sued StudiVZ, the German social network that looks suspiciously like Facebook, they tried to buy the company, the International Herald Tribune reports. StudiVZ does about 10 times more traffic than Facebook in Germany, so it makes sense that Facebook would want to pick up the rival network from its owner, publishing giant Holtzbrinck. IHT: [..] Read complete article
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Published 07-Aug-2008 by Silicon in General
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Silicon Alley Insider Blogger

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Who?s Selling Facebook Stock? Mark Zuckerberg, Matt Cohler, Maybe Dozens More
mark-zuckerberg.jpg - Who?s Selling Facebook Stock? Mark Zuckerberg, Matt Cohler, Maybe Dozens More We know that Facebook is going to let employees sell shares this fall, reportedly via a controlled process that will value the company at $4 billion. But in the meantime, [..] Read complete article
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Published 06-Aug-2008 by Silicon in General
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