Facebook, every mention

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Verbatim, from the transcripts: the passages where Facebook comes up

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AJ Tennant: How to Build a Sales Machine and Where Most Go Wrong | E2118 · 20VC with Harry Stebbings Oct 23, 2024 · 2 mentions

  • ▶ 56:13 AJ Tennant So, when I was at Facebook, and this is like, probably like, also my development as a human being, like, I used to not believe in, like, therapy, I used to not believe in, like, 2 times in the scene

Mamoon Hamid: AI - Where Value Accrues, Startups vs Incumbents & Scaling Laws | E1217 · 20VC with Harry Stebbings Oct 21, 2024 · 1 mention

  • ▶ 2:11 Mamoon Hamid Yeah, we have some very strong incumbents, Google, Microsoft, Amazon, Meta, Oracle, who can all spend hundreds of billions on these front end models.

Zach Perret: Why ‘Founder Mode’ is the Most Dangerous Blog Post for Founders | E1215 · 20VC with Harry Stebbings Oct 16, 2024 · 2 mentions

David Frankel, MP @Founder Collective: Investing Lessons from Seeding Coupang, Pillpack & Suno|E1214 · 20VC with Harry Stebbings Oct 14, 2024 · 2 mentions

Eoghan McCabe, CEO @Intercom: Freedom of Speech, Censorship and Government Control | E1213 · 20VC with Harry Stebbings Oct 11, 2024 · 2 mentions

  • ▶ 12:34 Eoghan McCabe You know, the size of Google or Facebook when they were worth a hundred billion dollars in employee size was, was substantially smaller than
  • ▶ 19:12 Eoghan McCabe Now that said, some of the greatest technology companies of our generation then go on to build networks and other things that do become defensible, whether it's Apple's iMessages or their ecosystem, um, whether it's Google's data, whether…

Jeff Wang: Sequoia Capital's $9BN Global Equities Fund on The Future for NVIDIA, Google & Meta|E1212 · 20VC with Harry Stebbings Oct 9, 2024 · 6 mentions

  • ▶ 46:42 Jeff Wang You were going to have the number two chat bot in the world, you know, before your end in your Instagram, your WhatsApp, your Facebook.
  • ▶ 47:15 Jeff Wang Uh, and I think it'll happen first in companies like Meta, like I said, because you have an auction marketplace, this gets repriced immediately. 5 times in the scene

Eiso Kant, CTO @Poolside: Raising $600M To Compete in the Race for AGI | E1211 · 20VC with Harry Stebbings Oct 7, 2024 · 1 mention

  • ▶ 18:52 Eiso Kant And, and then you throw in the mix, you know, the, the vendors that are putting up the open source models from Meta and such.

Maria Angelidou:Product Lessons Leading Facebook App Monetisation Team to Billions in Revenue |E1210 · 20VC with Harry Stebbings Oct 4, 2024 · 18 mentions

  • ▶ 0:45 Harry Stebbings Now I heard there was a sliding doors moment, uh, when it comes to your entrance into Facebook. 7 times in the scene
  • ▶ 5:06 Maria Angelidou So when I was at Meta, I, uh, in addition to, you know, uh, my core responsibilities, I was also a functional leader for product management. 2 times in the scene
  • ▶ 8:09 Harry Stebbings Needle movers on, on Facebook's P&L was in particular kind of the ads monetization engine around video. 5 times in the scene
  • ▶ 21:06 Maria Angelidou Um, so, uh, you know, one of the things that I really loved about the culture of Facebook when I was there, uh, was can, can be captured by, you know, strong opinions loosely held.
  • ▶ 31:47 Maria Angelidou Um, actually when I was at, at, uh, Facebook, um, Mark used to say, you know, you should hire people that you would want to report to.
  • ▶ 47:22 Maria Angelidou So it was actually earlier, earlier in, at Facebook when I was sure that I was going to promote this one person that I hired, I invested in him, I got them ready for the next level, yeah, all of this stuff, and I was really convinced that…
  • ▶ 51:45 Maria Angelidou So, Fiji is the CEO there, and, uh, someone that I, uh, used to work with at, at Meta, and so I follow the company, and I'm pretty impressed with what she's done, uh, with the company, right?

Bret Taylor: Why Pre-Training is for Morons & Companies Will Build Their Own Software | E1209 · 20VC with Harry Stebbings Oct 2, 2024 · 6 mentions

  • ▶ 36:40 Harry Stebbings If we think about that reducing cost, uh, over time and Moore's law proving out, we're also just seeing, you know, matter. 3 times in the scene
  • ▶ 1:11:29 Bret Taylor Probably the most impactful, unexpected point in my career, um, was Mark Zuckerberg making me chief technology officer of Facebook. 3 times in the scene

Jeetu Mahtani, Sales Leader @Hubspot: How and When to Go International and Crush It | E1207 · 20VC with Harry Stebbings Sep 27, 2024 · 1 mention

  • ▶ 1:23 Jeetu Mahtani So Pete and I ran this, uh, event registration business that was a mix of, uh, Eventbrite and Facebook in those days.

Eric Vishria: Where is the Value in AI - Chips, Models or Apps? | E1206 · 20VC with Harry Stebbings Sep 25, 2024 · 1 mention

  • ▶ 31:19 Eric Vishria I think that's a good question that, that is, um, really interesting because if you think about open AI and anthropic and, and meta and Google,

Dmitry Gurski: From Potato Farm to $200M in Revenue: The Never-Before-Told Story of Flo Health|E1205 · 20VC with Harry Stebbings Sep 23, 2024 · 2 mentions

  • ▶ 6:46 Dmitry Gurski We had exit to Google, exit to Facebook, ah, we started several companies, ah, um, which have, uh, has revenue in a 100,000,050 million.
  • ▶ 1:19:08 Dmitry Gurski We sold to, uh, uh, we sold to, uh, Facebook, and then we used part of this money to finance Floor.

Phil Carter: Growth Loops, CAC + LTV Benchmarks, Pricing, Discounts, Paywalls... | E1204 · 20VC with Harry Stebbings Sep 20, 2024 · 10 mentions

  • ▶ 1:56 Phil Carter There, there are a lot of different dimensions to it, but to me, what's fundamentally changed over the last 15 years or so since Facebook created what I would call the first modern growth team is that the product itself has become the most…
  • ▶ 24:23 Phil Carter Um, so over the last 10 years, we've been in this zero interest rate period where venture capital has been cheap. 2 times in the scene
  • ▶ 28:38 Phil Carter Like they're spending 5000 dollars a month, 10,000 dollars a month on Facebook. 3 times in the scene
  • ▶ 1:15:25 Phil Carter You know, get to product market fit, raise your series A, and then just scale the hell out of your product on Facebook. 3 times in the scene
  • ▶ 1:22:12 Phil Carter They tried during the pandemic to just run Facebook and Google ads like everyone else.

Mike Hudack: How Facebook, Monzo and Deliveroo Build Great Products | E1201 · 20VC with Harry Stebbings Sep 13, 2024 · 26 mentions

  • ▶ 3:17 Harry Stebbings I want to start on Facebook, Mike. 3 times in the scene
  • ▶ 4:55 Harry Stebbings When you think about the single best product decision you made at Facebook, what do you think it was with hindsight, and what did you learn? 4 times in the scene
  • ▶ 7:04 Harry Stebbings You said about kind of simplifying Insights page in particular and the importance of that.
  • ▶ 13:13 Harry Stebbings What was the worst product mistake you made at Facebook, and what did you learn from that?
  • ▶ 21:55 Harry Stebbings Would you rather do referral codes or discounts on new accounts, whatever it is, than spending on Facebook? 2 times in the scene
  • ▶ 25:35 Harry Stebbings It's a fascinating role change, really, from Facebook to Deliveroo CPO in that respect. 4 times in the scene
  • ▶ 37:46 Mike Hudack Um, I once shipped something into the, it's called the dive bar at the time at Facebook. 3 times in the scene
  • ▶ 37:51 Mike Hudack It was like a social product, a social sharing surface, and the dive bar was this thing, if you swiped the Facebook app to the left, it opened up on the right.
  • ▶ 43:01 Mike Hudack You know, a little bit like going from Facebook to Deliveroo, you know, the, all of this time, the entire time that you're building things on the internet, I think that you are developing your intuition.
  • ▶ 49:34 Mike Hudack When I, one of the most influential experiences that I had at Facebook was, um, getting into ads and, um, having conversations with people where it felt very much like, and in fact somebody said this to me explicitly,
  • ▶ 54:50 Mike Hudack You know, so Page Insights that we talked about earlier is an example of a win like that.
  • ▶ 55:02 Mike Hudack So, like, when I, uh, I worked on sharing, uh, at Facebook, which is like all the photos, text, videos, links, everything that ends up in newsfeed from regular people. 3 times in the scene
  • ▶ 1:02:37 Mike Hudack I, I think one of them was, uh, just around sharing and the, the mechanics of sharing on, on Facebook, and, you know, Mark built the thing, and I remember him saying, this is like the last part of this thing that I built myself, and I have…

Zico Kolter: OpenAI's Newest Board Member on The Biggest Questions and Concerns in AI Safety | E1197 · 20VC with Harry Stebbings Sep 4, 2024 · 1 mention

Scott Gorlick: How Uber Acquired 1M Drivers & The Uber’s Expansion Playbook | E1196 · 20VC with Harry Stebbings Aug 30, 2024 · 2 mentions

Arvind Narayanan: AI Scaling Myths, The Core Bottlenecks in AI Today & The Future of Models | E1195 · 20VC with Harry Stebbings Aug 28, 2024 · 3 mentions

  • ▶ 25:18 Harry Stebbings Can you create AGEI-like products or God-like products unless you are Google, Amazon, Apple, or Facebook?
  • ▶ 26:16 Harry Stebbings You know, the obvious there's Amazon, there's Google, and then for Facebook, there's obviously Instagram and Newsfeed.
  • ▶ 26:16 Harry Stebbings You know, the obvious there's Amazon, there's Google, and then for Facebook, there's obviously Instagram and Newsfeed.

Imran Khan: Why the IPO Market is Not Closed & Lessons From Taking Snap & Alibaba Public | E1194 · 20VC with Harry Stebbings Aug 26, 2024 · 10 mentions

  • ▶ 6:24 Imran Khan You know, if you look at Facebook, they went through tremendous volatility. 2 times in the scene
  • ▶ 17:13 Imran Khan Not everything gonna be Google and Facebook, that's totally okay.
  • ▶ 23:05 Imran Khan So if you're selling it to Google, if you're selling it to Facebook or selling to Adobe, but you know, if you look at the NAS, I think the US public market, I think what, there's 2000 companies over two billion dollar market cap.
  • ▶ 51:59 unnamed speaker In, uh, in 2012, Facebook went public, and the stock literally just went down 40%. 6 times in the scene

Aidan Gomez: What No One Understands About Foundation Models | E1191 · 20VC with Harry Stebbings Aug 19, 2024 · 2 mentions

  • ▶ 8:30 Harry Stebbings Amazon, Google, Facebook.
  • ▶ 13:45 Harry Stebbings One thing I'm kind of concerned about, or I look at, with hesitation, is you see open AI price dumping, you see, you know, Meta releasing for free, and Mark, you know, dispelling or,

Kaz Nejatian: How Shopify Built a $90BN Business to Last 100 Years | E1189 · 20VC with Harry Stebbings Aug 14, 2024 · 18 mentions

Shaun Maguire: Why Iran is the World's Greatest Evil & Trump is the Only Hope for Peace | E1189 · 20VC with Harry Stebbings Aug 12, 2024 · 1 mention

  • ▶ 11:31 Shaun Maguire And that manifested as like, there were all these fake news, you know, bot farms putting out content on Facebook.

Dax Dasilva: $900M ARR at $2.6BN Market Cap?! Lightspeed, The Most Undervalued Public Company |E1188 · 20VC with Harry Stebbings Aug 9, 2024 · 1 mention

Alexis Ohanian: The Full P&L Breakdown of the World's Most Valuable Women's Sports Team | E1187 · 20VC with Harry Stebbings Aug 7, 2024 · 1 mention

  • ▶ 1:14:33 Harry Stebbings Oh, but no, no, you're not an idiot because at the time it was like the unbundling of audio and the future Facebook.

David Cahn: Why Servers, Steel and Power Are the Pillars Powering the Future of AI | E1186 · 20VC with Harry Stebbings Aug 5, 2024 · 14 mentions

Ethan Mollick: Why OpenAl Abandons Products, The Biggest Opportunities They Have Not Taken | E1184 · 20VC with Harry Stebbings Jul 31, 2024 · 5 mentions

  • ▶ 17:10 Ethan Mollick So Meta doesn't really want to make money from models. 2 times in the scene
  • ▶ 18:27 Ethan Mollick Is there something that would stop meta? 2 times in the scene
  • ▶ 43:00 Ethan Mollick You know, in the meta, um, paper, the, the paper outlining the release of Lama 3.1 that came out yesterday, it says we see exponentials continuing for the, we don't see any reason why exponentials are gonna stop.

Delian Asparouhov: Inside the Walls of Founders Fund: What the World Does Not See | E1183 · 20VC with Harry Stebbings Jul 29, 2024 · 1 mention

  • ▶ 46:37 Delian Asparouhov That, you know, Satya was not willing to do because Satya had to, uh, you know, uh, ultimately, you know, serve the, you know, sort of public markets versus Zuckerberg still has penultimate control over everything that sort of Facebook

Nilan Peiris: What Growth Hacks Worked and What Did Not, from Wise CPO | E1182 · 20VC with Harry Stebbings Jul 26, 2024 · 6 mentions

  • ▶ 6:00 Harry Stebbings Does that mean like seeding Facebook communities?
  • ▶ 6:44 Nilan Peiris Getting underneath the skin of it, what, what's really working there was social for us, which started off being Facebook, now has gone increasingly towards YouTube as well. 3 times in the scene
  • ▶ 48:28 Nilan Peiris So thinking that you can just grow your startup by doing some magic on Facebook. 2 times in the scene

Kevin Hartz: "How I Lost Airbnb at Seed Because of an Exploding Term Sheet" | E1180 · 20VC with Harry Stebbings Jul 22, 2024 · 7 mentions

  • ▶ 9:10 Kevin Hartz I think I should probably go after Meta at this point now.
  • ▶ 19:38 Kevin Hartz So we almost, we never really had the chance to concentrate capital, and mostly because it was such an efficient business that just didn't require the rounds, um, that other businesses like, you know, Facebook seemed to
  • ▶ 50:23 Kevin Hartz Yeah, was extremely tight, like they were, they wanted more stock, and so the avail, the secondary was there and available, so there was a chance to sell, but you would say the same thing about the, the ten billion dollar round that… 2 times in the scene
  • ▶ 54:55 Kevin Hartz Like, you just boil funds down to the SpaceX fund, and the Facebook fund, and the, 3 times in the scene

Saam Motamedi: Why Series B Won’t Make Money & Why $1M ARR is a BS Milestone for Series A | E1177 · 20VC with Harry Stebbings Jul 15, 2024 · 1 mention

Matt Clifford: The Bull & Bear Case for China's Ability to Challenge the US' AI Capabilities | E1172 · 20VC with Harry Stebbings Jul 1, 2024 · 1 mention

Samir Vasavada: The Real Story of Vise: The Regrets, Mistakes and Mis-Hires | E1171 · 20VC with Harry Stebbings Jun 28, 2024 · 1 mention

  • ▶ 20:43 Samir Vasavada And it was all people from big tech, all people that ran big orgs at companies like Dropbox, at companies like TripActions, at companies that were, you know, they were at Twitter, Meta, places like that.

David Luan: Why Nvidia Will Enter the Model Space & Models Will Enter the Chip Space | E1169 · 20VC with Harry Stebbings Jun 24, 2024 · 1 mention

  • ▶ 44:18 Harry Stebbings Alex Schultz, the CMO at Meta, told me and recently released a piece about kind of hype cycles in new technology, and actually he states his kind of concern that AI will replicate autonomous driving in the way that we got so excited about…

Val Scholz: How Revolut Acquired Their First 10M Users: Tips, Tactics & Strategies | E1168 · 20VC with Harry Stebbings Jun 21, 2024 · 6 mentions

  • ▶ 24:02 Val Scholz I think, you know, the difference is like, if you look at really like companies that really nailed product market fit, whether it's like OpenAI with ChatGDP, WhatsApp, Instagram, Facebook, um, they had very early proper product market fit.
  • ▶ 29:02 Val Scholz It should become the next, I don't know, Facebook.
  • ▶ 35:32 Val Scholz You know, it's like a SpaceX, Facebook, uh, 3 times in the scene
  • ▶ 47:03 Val Scholz Um, I actually think that if you look at Uber, Airbnb, Meta, they don't use events, or at least not in the early days.

Danny Rimer: The Biggest Lessons from Missing Snap, Airbnb, Spotify and Facebook | E1166 · 20VC with Harry Stebbings Jun 17, 2024 · 7 mentions

  • ▶ 45:04 Danny Rimer Then they had to reinvent themselves and be on Facebook, mobile games channel, and they had some successes there.
  • ▶ 52:57 Harry Stebbings Apparently there was a discussion at Facebook. 6 times in the scene

Alex Wang: Why Data Not Compute is the Bottleneck to Foundation Model Performance | E1164 · 20VC with Harry Stebbings Jun 12, 2024 · 1 mention

  • ▶ 26:39 Alex Wang You know, their market gap is higher than Meta and Google and Amazon and Saudi Aramco.

Reid Hoffman: The Future of TikTok and The Inflection AI Deal | E1163 · 20VC with Harry Stebbings Jun 10, 2024 · 1 mention

Aravind Srinivas:Will Foundation Models Commoditise & Diminishing Returns in Model Performance|E1161 · 20VC with Harry Stebbings Jun 5, 2024 · 2 mentions

  • ▶ 23:06 unnamed speaker Um, Google, and Anthropic, Meta, uh, Mistral, and, and, and you can say, uh, uh, to, like, after XAI's new funding round, maybe you can include them too.
  • ▶ 46:58 Aravind Srinivas It's not something where you just hire an SVP of product from Twitter or Meta and ask them to figure out product for you.

Matt Lerner: How to Hire Growth Leaders and Teams and Why in a World of AI | E1159 · 20VC with Harry Stebbings May 31, 2024 · 1 mention

  • ▶ 22:37 Matt Lerner Or Facebook will work a little bit in the beginning, because they want to get you to spend more money, but pretty quickly, as you try to scale, your unit economics will deteriorate, or meta, whatever.

Mike Schroepfer: Former Meta CTO on "Why The Best Leaders are Like Music Conductors" | E1158 · 20VC with Harry Stebbings May 29, 2024 · 22 mentions

  • ▶ 10:40 Mike Schroepfer Simultaneously at Meta, and so I was describing my job as a very, like a one day a week board member to five companies at Meta, rather than sort of operating one verticalized thing, because I'd be working with the data centers team over… 2 times in the scene
  • ▶ 14:16 Mike Schroepfer Um, I think the other is the challenge in any org from zero, from my startup recruiting, hiring, you know, zero to Mozilla when I joined it was about a dozen people, to Meta, to the startups we, we operate, is people.
  • ▶ 19:17 Mike Schroepfer You know, we built an AI lab at Meta and, 5 times in the scene
  • ▶ 21:17 Mike Schroepfer My space was bleeding cash and was actually bigger than Meta at the time or Facebook. 4 times in the scene
  • ▶ 23:04 Harry Stebbings But when you're meta, actually, you have enough cash to sustain, obviously, you know, indefinitely.
  • ▶ 31:12 Harry Stebbings You shipped consumer hardware to millions of people in your time at Meta.
  • ▶ 36:30 Harry Stebbings Which in matters world is, you know, tiny, but normal was a 1.5 billion dollar company scale to millions and millions of users.
  • ▶ 40:22 Mike Schroepfer Um, and so I was like, alright, let's just like, I'm gonna start directing a bunch of our philanthropic efforts towards the climate crisis, because I can do that on nights and weekends while I do my, my day job, you know, at Meta.
  • ▶ 1:01:59 Mike Schroepfer And like I said, from early meta days, my, you know, my experience is even the best companies go through some significant period of time where everyone thinks they're crap. 2 times in the scene
  • ▶ 1:06:20 Harry Stebbings How did you deal with the insane stress of leading eng for Facebook? 4 times in the scene
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