Jacob Ward
speaker
1,814 appearances
16 recordings
1 series
first heard Feb 2025
last heard Jul 2025
Jacob Ward’s voice in public audio — every appearance, attributed to the second.
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Appearances
Mark Zuckerberg is a famously competitive guy.
The sort of the rumor, the legend around Silicon Valley is that
If you ever go to one hacker way, to the famous offices in Silicon Valley where Facebook was first headquartered, now it's Meta, that big thumbs up sign that's so iconic, it's now just a Meta logo.
But on the backside of that, he had saved the logo of the last company that had been there.
And that, Sun Microsystems, went out of business.
He left it there, the legend is, to show his employees we could be replaced at any time.
He's talked in the past about not wanting to have done to Facebook what Facebook did to MySpace, wiping it out.
So he's famous for being extremely conscious of what it is that these competitors represented in his life.
And
Already in the second day of his testimony in Washington, we have already seen a tremendous amount of evidence as it's being presented to him by the government about what his thinking was back at the time.
At one point in November of 2012, he wrote, Mr. Zuckerberg wrote an email to Sheryl Sandberg, then his chief operating officer, in which he said, Messenger, Facebook Messenger, is not beating WhatsApp.
And Instagram was growing so much faster than us that we had to buy them first.
for a billion dollars.
There's a lot of stuff like this in the government's evidence that shows that Zuckerberg was basically very worried about these companies and really wanted to make sure that they couldn't get over on the company, that he could sort of figure out a way to acquire them such that they wouldn't be wiped out by them.
At one point, he discussed the rise of Instagram and the importance of, quote, neutralizing a potential competitor.
Both of these companies, you know, got bought for incredible amounts of money, arguably more than they needed.
Instagram was only 13 people when they were bought for about a billion dollars.
WhatsApp was bought for an extraordinary amount of money as well.
In both of those cases, though, the government is arguing they didn't need to be bought for that amount of money, that this was essentially a buy or bury kind of tactic.
You either acquire your competitors or
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