Mark Zuckerberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
No, I think that there might have been something around the way the company shifted in operations around COVID. I mean, it's like the COVID, like all these tech companies went remote temporarily and it was an interesting period to just like get some more time, like a step back.
No, I think that there might have been something around the way the company shifted in operations around COVID. I mean, it's like the COVID, like all these tech companies went remote temporarily and it was an interesting period to just like get some more time, like a step back.
I'm a pretty introverted person and I do think it's, I need to be careful where like I get a lot of value and energy and ideas from being around other people, but I also need time with myself. And with COVID, I kind of got that. And it was a time of reflection where I was able to think about this stuff. And we were also going through this very difficult political time in the country.
I'm a pretty introverted person and I do think it's, I need to be careful where like I get a lot of value and energy and ideas from being around other people, but I also need time with myself. And with COVID, I kind of got that. And it was a time of reflection where I was able to think about this stuff. And we were also going through this very difficult political time in the country.
2012, 2013, sometime around then. These things, they kind of got started, and they were growing, and it kind of reached this moment which is like, are we gonna double down on this and do this, or are we gonna kind of do this as a hobby? And I was like, no, I think we should do this. I mean, this is going to be a really important part of what we do.
2012, 2013, sometime around then. These things, they kind of got started, and they were growing, and it kind of reached this moment which is like, are we gonna double down on this and do this, or are we gonna kind of do this as a hobby? And I was like, no, I think we should do this. I mean, this is going to be a really important part of what we do.
And we had to make a really important set of decisions. What we knew was going to be really painful to go double down on those things and build out the AI infrastructure that we needed to and scale up some of the Reality Lab stuff. And I knew that a lot of the investors would hate it, at least in the short term before it's clearly the right thing to do.
And we had to make a really important set of decisions. What we knew was going to be really painful to go double down on those things and build out the AI infrastructure that we needed to and scale up some of the Reality Lab stuff. And I knew that a lot of the investors would hate it, at least in the short term before it's clearly the right thing to do.
The, what I didn't know was that at the time, I thought they were gonna not like it, but I thought it was gonna be okay because I didn't think there was also gonna be a recession at the same time. So that, like really, it's like, I mean, look, like you learn who you are through challenges, right?
The, what I didn't know was that at the time, I thought they were gonna not like it, but I thought it was gonna be okay because I didn't think there was also gonna be a recession at the same time. So that, like really, it's like, I mean, look, like you learn who you are through challenges, right?
It's like we had like a really, you know, it's like, okay, like losing half of your market cap is quaint compared to losing 80% of your market cap or whatever it was, right? But so, I mean, these are all intentional decisions, right? It's like, I mean, there are a lot of conversations that we had, which are like, should we go forward with this? And the answer that I came out with is yes.
It's like we had like a really, you know, it's like, okay, like losing half of your market cap is quaint compared to losing 80% of your market cap or whatever it was, right? But so, I mean, these are all intentional decisions, right? It's like, I mean, there are a lot of conversations that we had, which are like, should we go forward with this? And the answer that I came out with is yes.
This is what I believe in. I think this is going to be important for the world. I think it's going to work over time. We're no stranger to going through painful periods. In some ways, it makes the company better. Let's do it. Thank you.
This is what I believe in. I think this is going to be important for the world. I think it's going to work over time. We're no stranger to going through painful periods. In some ways, it makes the company better. Let's do it. Thank you.
I like Meta. It's a good name. Finding good short names, this actually was a thing that we talked about for a while, because it was pretty clear that Facebook is continuing to grow in importance in the world, which I think a lot of people don't appreciate and is kind of mind-boggling at the scale that it's at.
I like Meta. It's a good name. Finding good short names, this actually was a thing that we talked about for a while, because it was pretty clear that Facebook is continuing to grow in importance in the world, which I think a lot of people don't appreciate and is kind of mind-boggling at the scale that it's at.
But the others, I mean, we went through a period where it's like we had Facebook and a handful of small apps. And now we have four apps that have a billion people or more using them, hopefully in the next few years, five, with threads, if that continues scaling.
But the others, I mean, we went through a period where it's like we had Facebook and a handful of small apps. And now we have four apps that have a billion people or more using them, hopefully in the next few years, five, with threads, if that continues scaling.
This was a conversation that we had a bunch, where it's like, does it make sense for the name of the company to be one of the apps as the other apps, as it's really becoming a family of apps? And it was important to me, this was also coinciding with a lot of a lot of the challenges that we were having, the political brand challenges, different things.
This was a conversation that we had a bunch, where it's like, does it make sense for the name of the company to be one of the apps as the other apps, as it's really becoming a family of apps? And it was important to me, this was also coinciding with a lot of a lot of the challenges that we were having, the political brand challenges, different things.