Product Development at Facebook
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In this Stanford series lecture Mark Zuckerberg, CEO of Facebook, shares his thoughts on product development strategy and user experience. Mark's product development lessons are very valuable and still valid in today's business.
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|Section 1: My First Section|
|Mark Zuckerberg, founder of TheFacebook, gives an example to demonstrate product development and experience at Facebook and talks about how their product has evolved with the company.|
|Zuckerberg discusses the evolution of Facebook's founding team from a bunch of college friends to a large team of several engineers, its changing dynamics and his role as a leader in the company.|
|Zuckerberg reveals the skills and the balance of experience he looks for when recruiting college graduates while building and evolving his company going forward.|
|An early interview with Mark Zuckerberg at the dawn of Facebook's popularity unveils the opportunities that surface from a mammoth amount of page views and sticky user loyalty. A hot web property can reel in millions in ad revenue alone.|
|Zuckerberg talks about the entrepreneurial skills he acquired in college that led him to building Facebook.|
|Amongst his different entrepreneurial talents, Jim Breyer, Managing Partner of Accel Partners, talks about the importance of Zuckerberg's listening skills that have helped him effectively lead Facebook to success.|
|Breyer discusses why Accel Partners decided to invest in Facebook and what they look for in new ideas before they convert them into ventures.|
|People can't be forced to be friends, notes Facebook founder Mark Zuckerberg, but innovative entrepreneurs can facilitate a friendly work environment. He attributes part of his enterprise's success to casual, unstructured communication woven into the work day. His hope? To create the space for co-workers to freely associate ideas and stretch their imagination.|
|Zuckerberg and Breyer discuss the ongoing challenges they face and the tradeoffs they have to make as Facebook continues to grow and evolve.|
Mark Zuckerberg is the founder of Facebook, a networking tool used by college students to meet people, reconnect with old friends and arrange events. The company just redesigned its Web site and received venture capital.
Founded as Thefacebook in February 2004 by Mark Zuckerberg, Chris Hughes, and Dustin Moskovitz at Harvard, the website spread across campus and, within a few weeks, over half the undergraduate population had registered. The website then expanded to allow students from Columbia, Stanford, and then other Ivy League colleges to register. It became something of a network phenomenon, spreading rapidly to other schools, despite some competition from similar, local websites.
Courtesy of http://www.accel.com/people/index.php, http://en.wikipedia.org/wiki/Facebook.