Co-founder of Facebook and developer of mybarakobama.com
I attended a interesting talk by Chris hosted by the TechCouncil of MD earlier this week. Two major successes at such a young age! V Impressive! I wanted to hear what he had to say.
Chris started by noting that Information is a record of an idea. The significant change is that Information now distributed very quickly via networked screens. The web allows everyone becomes an author and as a result, people are overwhelmed by information - and it isn't getting better anytime soon.
A few metrics from Facebook:
- 350 mil users
- 50 pct users come back on any given day
- average user has 130 friends
- 70 mil users access the site using mobile devices
- You come Facebook as yourself, use your real name and meet people you know. This is unlike any other site.
- It is a collection of a closed networks
- Trust and privacy are paramount: Facebook is planning to release a feature to allow users to create lists of friends and then expose certain content to a specific list - I eagerly look forward to this!
- Facebook respects the power of the crowd
- Ensuring that the platform is useful to the users is the only way to remain relevant and keep the users engaged. This was the key focus when Chris developed mybarakobama.com.
- The turning point was when they opened up Facebook as a platform to allow anyone to develop applications on (repeated by Apple on iPhone and by Twitter)
- Facebook lets 350 million people create Information: digital imprints of all out actions, ideas, etc.
- All functionality is developed in a interative manner: start simple, see what works, iterate
How is the web changing society?
- transparency
- choice
- ability to create
1 comment:
Interesting how web business has taken a lead and future expansion process
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