Library@Kendriya Vidyalaya Pattom

Where Minds meet and Ideas pop up !

The Father of Social Networking

image 

With Facebook, 25 year-old Mark Zuckerberg, turned a dorm-room diversion into a cultural phenomenon. His next goal? To finally turn the company profitable.

Interview with Mark Zuckerberg

Newsweek Web Exclusive

Jul 22, 2009 | Updated: 10:05  a.m. ET Jul 22, 2009

 

It’s the stuff of dotcom legend. Harvard undergrad Mark Zuckerberg and a few friends hack into the university’s photo ID database and create a site for students to rate and/or berate their classmates’ pictures. Since Facebook’s launch in 2004, it’s become a cultural phenomenon that’s outgrown its Ivy League origins, into middle America and started to expand into countries around the world. NEWSWEEK’s Dan Lyons spoke with Zuckerberg about Facebook’s rapid growth, how it’s reshaped how we think about privacy and whether the site can get too big for its own good. Excerpts:

In just five years, Facebook has attracted 250 million members and become a huge cultural phenomenon. Could you ever have imagined this when you were starting out in your dorm room at Harvard?
Well, no. It was a really interesting time. Like a lot of college kids, we spent a lot of time talking about abstract things that interested us and how things in world would play out, about trends in technology. We were looking at all this over late-night pizza, while we were hanging out. We thought that during our lifetimes the way people negotiated their identity and their privacy would be changed. There would be a lot more information, and a lot more transparency. That was really interesting to us. At the same time we had no idea that we would build a business that would shape that in any way. I was just building something that would let me and the people around me stay in touch. But then it just kind of grew and grew. The cool irony is that now we are able to have an impact on some of those lofty things we used to discuss in our college dorm room.

Has Facebook changed our ideas about privacy?
I think social norms have evolved a bit. When we were just getting started five years ago, people were not sure whether they wanted to put anything about themselves on the Internet at all. It was more about control. People want to feel that they can put something up and can control who sees it and if they want to take it down, they can do that. By giving people that control, we enable them to share more stuff. The debate about privacy is really a debate about control. The system we’re building is one that strives to give people more control over their information.

What will Facebook look like five years from now?
Facebook will be less about Facebook.com and more about this underlying system and platform that we’re building. What we’re trying to do is be more about letting people use their information on any site or platform they want. We launched Facebook Connect last year, and we now have more than 15,000 sites using it, and that’s just a start. Within five years we hope to have hundreds of millions of  [more] people using Facebook. But it’s more about using the system to make other sites more social.

How big can Facebook get? Is there a limit on the number of members you can support? Will you reach 1 billion members?
It’s always hard to say what is the ultimate size that things can get to, but this is a pretty universal application. An application that lets people stay connected is something that a lot of people can use. But it’s very hard to predict.

As you add more users you need to keep expanding your data center, too. How can you get revenues to catch up with the growing cost of operating the site?
We’ve gone from 25 million users at about this time in 2007 to 250 million users just more than two years later. That’s been pretty crazy. We have 15 billion photos on the site, and we add a billion new photos every month. For a while we’ve had a strategy of just expanding and getting lots of people on the site. The primary value of the site is having other people on the site. A lot of people were critical of us, saying we were not focused enough on revenue and wouldn’t be able to sustain ourselves. But in reality, more users means more revenue. As we grow, we will become increasingly profitable.

What have been the biggest decisions you’ve made in the past few years?
One thing was making a site that was translated to most of the languages that people speak in the world. We built a system where users could contribute different translations and vote on the translations. The result is we’ve been able to translate into all these languages and dialects and variants. We now support languages that are spoken by 97 percent of the world.

What exactly is Facebook? How do you think of it?
I think Facebook is who people really are. We use this term the social graph, and the verb we use is mapping it out. We think the social graph exists in the world. We try to give people the ability to map out as much of their real identity as possible. We’re far from the real result. But we have a start.

What do you worry about the most?
Right now is a time when we are growing well in a lot of different ways. Our user base is expanding quickly. Our revenue is growing well. We’re doing well in recruiting, and adding some awesome people to our company. The question is how do we maintain this? How do we keep on growing? How do we have the full impact that we want to have.

One of your investors is buying shares from employees—letting them cash out early. I’ve heard you were not crazy about this. Is that true?
No, I’m really happy that people have a chance to do this. Back in the early days I had the chance during one of our funding rounds to get a bit of liquidity. It meant that in making decisions about Facebook I didn’t have to worry about the short term. I could just work on making Facebook as good as possible, and optimize it for 10 to 20 years out. To the extent that other people have the chance to do that now, it would be a healthy thing.

You really think in terms of 10 to 20 years out?
Yes, I think this is a long-term thing. There is still a lot of growth. In all these dimensions—users, advertisers—the peak is not for a long time. A lot of that is our willingness to align incentives of everyone at the company for the long term.

Filed under: In conversation, ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Live updates

Library@KV Pattom

Dear Visitor,

This is the official Blog of Library @ Kendriya Vidyalaya Pattom, launched in September 2007. Explore the site, you will get a complete picture of all offline and online resources available and services provided by the Library. Here is a friend, who will help you to find, evaluate and use the right information at right time.

You are the Visitor, Number

  • 5,100,652

5 Million Hits and counting..

Thank you all for making this blog a great success.

Upcoming Events

No upcoming events

KVS Innovation and Experimentation Award 2011 & 2016

"Library Junction" and "Face a Book Challenge" won the KVS Innovation and Experimentation Award in 2011 and 2016 respectively.

All India Competition on Innovative Practices and Experiments in Education for Schools and Teacher Education Institutions 2010-’11

'Library Junction' won the "All India Competition on Innovative Practices and Experiments in Education for Schools and Teacher Education Institutions 2010-'11" conducted by NCERT.

Visit your Library

Browse Books and Periodicals. Read Newspapers. Pick a New Book from the 'New Arrivals' rack. Search the Internet and the OPAC. Refer for assignments and projects. Suggest a book. Ask a question.Write your comments. And more...Visit the Library Today itself. You are most welcome.

Telephone Reference

+91 9447699724 (Librarian)

E-mail Reference

mail your reference questions to librarykvpattom@gmail.com

Ask the Librarian

“Billion beats:the pulse of India”

The fortnightly e-paper uplinked to www.abdulkalam.com. To visit click the link "E-paper" on Web directory

Website of the Week

http://www.bbc.co.uk/ahistoryoftheworld/

Archives

RSS This day in History

  • Pompey defeated by Julius Caesar at the Battle of Pharsalus: 9 August 48 - This Day in History
    During the Roman Civil War of 49–45 , Julius Caesar's troops on this day in 48 decisively defeated the army of Pompey at the Battle of Pharsalus, causing Pompey to flee to Egypt, where he was subsequently murdered.More Events on this day:1945: The second atomic bomb dropped on Japan by the United States in World War II struck the city of Nagasaki.1 […]
  • Amedeo Avogadro: Biography of the Day
    Amedeo AvogadroBorn this day in 1776, Amedeo Avogadro of Italy showed that, under controlled conditions of temperature and pressure, equal volumes of gases contain an equal number of molecules—what became known as Avogadro's law.
  • Concise Encyclopedia Book and CD-ROM: Special Price from The Britannica Store
    For RSS subscribers The Britannica Store presents a special 20% discount on the Concise Encyclopedia and free CD-ROM. This thoroughly revised and expanded edition of Britannica's most popular publication worldwide is a one-volume encyclopedia containing 28,000 articles accompanied by colorful photographs, diagrams, maps, and flags. The Britannica Concis […]

Recommendations

Library Bookmark

Be a Fan of Library on Facebook

e-reading hub @ Your Library

Face a Book Challenge

RSS KV News Digest

  • An error has occurred; the feed is probably down. Try again later.

Reader of the Month (September 2016)

Sruthi S., VII A

Learn anything freely with Khan Academy Library of Content

A free, world-class education for anyone, anywhere.

Interactive challenges, assessments, and videos, on any topic of your interest.

It’s My Library: Share your Bookfies, Libfies and all Library Stories

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 5,664 other followers

Face a Book: The Reading Challenge

InfoLit India: Information Literacy Project for Young Learners

Subscribe SMS updates

Send: ON Library_KVPattom to 9870807070

‘School Libraries Rocks’ ; International Bookmark Exchange Programme 2015, with Croatia

Twitter Updates

CBSE Toll Free Tele/Online Helpline

Students can call 1800-11-7002 from any part of the country. The operators will answer general queries and also connect them to the counselors for psychological counseling. On-line counseling on: director.edusat@rediffmail.com, mcsharma2007@rediffmail.com

Child Line (1098)

CHILDLINE 1098 service is a 24 hour free emergency phone outreach service for children in need of care and protection.

Population Stabilization in India Toll Free Helpline

Dial 1800-11-6555 for expert advice on reproductive, maternal and child health; adolescent and sexual health; and family planning.

Quick Answers

CONTACT

S.L.Faisal, Librarian, Kendriya Vidyalaya (Shift-I) Pattom, Thiruvananthapuram-695 004, Kerala, India. Mail: librarykvpattom at gmail.com
%d bloggers like this: