Cheating By editor on February 20, 2018 — 1 min read It’s hard enough to win. We do ourselves a huge disservice when we cheat. I want to compete really hard, at everything I do. But I also believe that everybody else is going to play fairly by the rules as well, and then we’ll see who wins on the field of battle, and that’s cool.... More
Perpetuation By editor on February 20, 2018 — 1 min read To be honest with you, we did not stick out a shingle that said, “We invest in healthcare.” We tried to tell folks, and mostly it’s just our network, “Find me the craziest thing you can. Find me the entrepreneur that’s the most frustrated right now with an inability to raise capital, because they’re not... More
Culture vs. Capability By editor on February 20, 2018 — 1 min read Culture is about the kinds of people you work with. Capability is about what they’re actually good at. And what I would tell you is that culture wins every time. It’s always amazing to me that we hear of stories of teams that have a better culture beating other teams that are either smarter, or... More
Win or Learn By editor on February 20, 2018 — 1 min read I like to consider myself a free radical. Meaning, I’m very bursty. I’m unpredictably good, but also unpredictably bad. I try to have a relationship with our founders where they can just tell me, “You need to chill out, you need to stop, you’re not being helpful right now.” Because that’s a lot of it.... More
Maximum Value By editor on February 20, 2018 — 1 min read Companies generally only give employees 5–10% of the value that they create. As much value as I created at Facebook, I captured maybe 5% of that value for me, economically. That’s just the scenario. That’s how companies can get built to be profitable. An interesting question would be, well what would happen if companies were... More
Leaving Facebook By editor on February 20, 2018 — 1 min read Look, I realized it was time for me to leave is because I wasn’t doing a good job of getting them to where they needed to be. So if you want to ask me what did I want them to do? I wanted Facebook to build a phone. I think that was well-known. I think... More
Facebook Growth Values By editor on February 20, 2018 — 1 min read If you follow me on Twitter, I posted the values that I had for that team. In my opinion, they seem very benign. But even at Facebook at the time, people thought that they were too extreme. You know, things like very high IQ. And I thought, “What the fuck? Like, you want dummies? How... More
Facebook Growth Focus By editor on February 20, 2018 — 1 min read For three years, between 2008–2011, the only thing we talked about at [Facebook] was growth. It was acquiring good people, giving them their “aha moment,” getting them engaged, and then allowing them to invite others. For three years, that’s all we talked about at every level of the organization. And this focus allows you to... More
Post-Failure Growth By editor on February 20, 2018 — 2 mins read I said to the [Facebook] board: “I’m proposing to create this thing, I’m gonna call it the growth team, I have all these strategies.” (I had no strategies.) And we’re gonna go and figure out how to engineer product-market fit. And what that really means is, at least with consumer software, do you understand the... More
Eclecticism By editor on February 20, 2018 — 2 mins read Who cares about diversity? I think it’s kind of stupid, the whole term is stupid. I think what’s not stupid is this idea that you very inherently believe that all people are roughly equal and that you inherently believe that, independent of your economic situation, you may have actually a really good idea so it... More
