Facebook, every mention
242 scenes (2023), the whole family · ← back to Facebook
every year 2023 anyone Harry Stebbings 853Alex Schultz 57Rory O'Driscoll 46Jason Lemkin 41Cliff Weitzman 27Solly Solomou 23David Cahn 22Brian Hale 22Matt Swulinski 21Yann LeCun 19
Verbatim, from the transcripts: the passages where Facebook comes up
Sam Corcos: Why Founders Should Take as Many VC Meetings as Possible | E1093 · 20VC with Harry Stebbings
- ▶ 58:06 Sam Corcos I was spending way more time on Facebook and social media than I was expecting. 3 times in the scene
Sanjit Biswas: Samsara's $18BN Market Cap & $1BN in ARR in 8 Years | E1092 · 20VC with Harry Stebbings
- ▶ 27:44 Sanjit Biswas Like they're using smartphones, they're, you know, on Instagram or Facebook or whatever.
- ▶ 57:57 Sanjit Biswas Like I would say, like Facebook is the prime example of it's a first time founder who's done phenomenally well. 2 times in the scene
Geoff Charles: How To Hire Product Teams & Increase Product Velocity | E1091 · 20VC with Harry Stebbings
- ▶ 39:06 Harry Stebbings Google, Facebook, in this case, Stripe, anyone could allocate a insane amount of resources and come and take your lunch. 2 times in the scene
- ▶ 46:41 Geoff Charles I've, I've oftentimes you, you, you have PMs from, you know, the, the Facebooks and Googles of the world that are actually just good at testing.
Tooey Courtemanche: From Construction Worker to Billionaire CEO | E1090 · 20VC with Harry Stebbings
- ▶ 19:43 Tooey Courtemanche Analyst, and we were pitching them on Procore, and literally the guy said to me, he goes, look, this is really an interesting idea, and there's probably some opportunity here, but if you did it more like Facebook, we would be invested, we… 2 times in the scene
Dominik Richter: You Only Have Two Options With VC Funding | E1089 · 20VC with Harry Stebbings
- ▶ 32:26 Harry Stebbings I was chatting to another one the other day and they said, you know, between Facebook performance challenges,
Guillaume Cabane: Why Your First Growth Hire Should Be a Former Founder | E1088 · 20VC with Harry Stebbings
- ▶ 46:35 Harry Stebbings Facebook ads is working. 4 times in the scene
- ▶ 1:11:18 Guillaume Cabane There's almost no company at a late stage with a growth team, save for like Facebook, Shopify, and a couple others.
Keith Rabois & Mike Shebat: Creating an Olympian Mindset to Work Ethic| E1087 · 20VC with Harry Stebbings
- ▶ 35:11 Keith Rabois Like, I, in my mind, it's still, you know, it still drives me crazy that LinkedIn wasn't more valuable than Facebook.
The Ultimate AI Roundtable: What Happens Now in AI, Why Google are Vulnerable | E1085 · 20VC with Harry Stebbings
- ▶ 0:11 Harry Stebbings What you're about to hear is the leading minds in AI from the head of AI at Meta, the founder of Intercom, Stability, Runway, leading AI investor Tom Tungas, all debate some of the core questions in AI.
- ▶ 1:01 Emad Mostaque I think it's going to be us, Nvidia, Google, Microsoft OpenAI, and Meta and Apple probably are the ones that train these models. 2 times in the scene
- ▶ 3:51 Harry Stebbings You run AI at Meta. 2 times in the scene
- ▶ 6:42 Harry Stebbings Jan, you know, you run all things AI at Facebook, or Meta.
Jeff Seibert: Why OpenAI Will Become an Infrastructure Play | E1085 · 20VC with Harry Stebbings
- ▶ 21:46 Jeff Seibert Meta appears to be highly motivated to open source its work.
- ▶ 39:45 Jeff Seibert Uh, I would be very nervous about the OpenAI Azure partnership, and of course, Meta just made a big deal about partnering with Microsoft as well, so I think you're right. 2 times in the scene
Matteo Franceschetti: The Ultimate Hiring Playbook: Five Questions to Ask Every New Hire | E1084 · 20VC with Harry Stebbings
- ▶ 12:17 Matteo Franceschetti You just, okay, let me put money on Google and Facebook. 5 times in the scene
- ▶ 14:32 Matteo Franceschetti Because even on podcasts, there is a special discount that you offer to your listeners, obviously Facebook and Google.
Roundtable #6 with Rebecca Kaden, Nicole Quinn, Eurie Kim, Harry Stebbings | E1083 · 20VC with Harry Stebbings
- ▶ 20:10 Nicole Quinn So on the acquisition side of things, everybody thought it was insane when Facebook paid ninety billion for WhatsApp, right? 2 times in the scene
- ▶ 34:57 Rebecca Kaden In kind of small ways, but the, we're also not really in an era where you can just sell a lot of stuff to Facebook and Google.
Des Traynor: How to Survive and Thrive in a World of OpenAI | E1082 · 20VC with Harry Stebbings
- ▶ 8:28 Des Traynor Yeah, and Facebook had their big demo, you know, and all that.
- ▶ 26:50 Des Traynor Um, and like, I think it was like Shammat had this phrase, and he said in 2018, 2019, uh, giving a dollar to a startup was just a really lossy way of giving it through to Amazon, Facebook, or Google for, for like hosting or acquisition.
- ▶ 28:02 Des Traynor and, you know, Facebook or whatever, right?
- ▶ 48:13 Harry Stebbings What about Facebook? 4 times in the scene
- ▶ 48:32 Des Traynor I don't know how Facebook think about this at all, but what I would say is like Facebook have to look at their actual business, which is like Instagram and WhatsApp and it's like, you know, Facebook itself 2 times in the scene
- ▶ 1:06:09 Des Traynor If you go to Asana, and like, it opens up, one day, Dustin was struggling to manage a project at Facebook, and he really wanted to get an overall view.
Danny Cohen: From Leading the BBC to Leading Venture Capitalist |E1079 · 20VC with Harry Stebbings
- ▶ 17:05 Danny Cohen There was a moment I remember when I was there where everyone seemed to want to work for Google or Facebook.
- ▶ 46:43 Danny Cohen We don't have any direct investments in my area in, um, say, you know, in Facebook or anything like that.
Roundtable #5 with Jack Altman, Auren Hoffman, Jason Lemkin, Harry Stebbings | E1077 · 20VC with Harry Stebbings
- ▶ 9:39 Auren Hoffman So if you look at all these companies like Facebook, whatever, there's so many reinventions over the years, even a great CEO, it's really hard for that person to have the moral authority to pivot the whole company or to transform the whole…
- ▶ 42:20 Auren Hoffman I think 22 out of the first 25 people at Facebook left after, within the first three or four years. 3 times in the scene
David Meyer: Why You Should Hire People Who Aren’t In Product Already | E1076 · 20VC with Harry Stebbings
- ▶ 12:02 Harry Stebbings So you like people who aren't product managers already, because I, you know, I speak to, and I sit on many boards, and everyone's like, ah, we want someone who's been a PM for three to four years, they've probably worked at Google, or…
Ely Lerner: Should Startups Hire Advisors & How much should they be paid? | E1075 · 20VC with Harry Stebbings
- ▶ 23:43 Harry Stebbings Because you can imagine like you have a, I'm sure, a Facebook growth advisor who did, you know, Facebook newsfeed.
- ▶ 23:43 Harry Stebbings Because you can imagine like you have a, I'm sure, a Facebook growth advisor who did, you know, Facebook newsfeed.
- ▶ 46:39 Harry Stebbings It makes me think of a conversation I had with Alex Schultz, actually in Meta, and he said, actually, retention is king.
Harry debates Cloudflare CEO Matthew Prince: "Should startups target niche markets?" · 20VC with Harry Stebbings
- ▶ 19:54 Matthew Prince When Zuckerberg starts Facebook, you know, everyone's like, well, he was just trying to build something for, for, for Harvard. 2 times in the scene
Beezer Clarkson: Are LPs Open for Business & Why Do LP Incentive Mechanisms Need to Change? | E1073 · 20VC with Harry Stebbings
- ▶ 44:31 Harry Stebbings There's always the Facebook, 2005 fund.
Matthew Prince: The Two Biggest Mistakes Every Founder Makes | E1072 · 20VC with Harry Stebbings
- ▶ 49:07 Matthew Prince When Zuckerberg starts Facebook, you know, everyone's like, well, he was just trying to build something for, for, for Harvard. 2 times in the scene
Roundtable #4 with Jason Lemkin, Woody Marshall, Deven Parekh, Harry Stebbings | E1071 · 20VC with Harry Stebbings
- ▶ 13:47 Deven Parekh And you're also not just being intellectually honest, like in a public company, you know, when Facebook stock goes down, they take action, the stock goes up.
- ▶ 25:02 Woody Marshall You know, we were Facebook investors when it was private and thing was growing like a weed, by the way, it was very profitable, but read every Facebook report that comes out. 2 times in the scene
Guillermo Rauch: Why Great Companies are Defined by How Many Things They Say No To | E1069 · 20VC with Harry Stebbings
- ▶ 41:21 Harry Stebbings You'll say, I want, uh, this CAC to LTV across Facebook, Instagram, and Twitter.
- ▶ 43:38 Guillermo Rauch If you say to the AI, please help me make an advertising that's going to be deployed onto X in, in meta and Instagram or Facebook and Instagram, it'll have to give you some UI as feedback of what's proposing back to you.
- ▶ 57:40 Guillermo Rauch It was that, and this is, this is what, uh, Meta ended up doing well. 2 times in the scene
- ▶ 1:06:41 Guillermo Rauch You have the Ubers, you have the Airbnbs, you have the Facebooks.
Matt Rosenberg: Why You Should Not Hire Sales Leaders From Big Companies | E1068 · 20VC with Harry Stebbings
- ▶ 14:13 Matt Rosenberg Um, don't hire anybody that says on their LinkedIn, ex Google, ex Amazon, ex Facebook.
Phin Barnes: The Services Model of Venture Capital is Broken, The Best Founders Do Need Help | E1067 · 20VC with Harry Stebbings
- ▶ 26:06 Phin Barnes We have a person who maybe was the lead tech recruiter at Facebook for, you know, six years, or was part of building Stripes, you know, engineering teams two through N come and sit with that founder.
Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
- ▶ 33:19 unnamed speaker Nobody has built a global network for trade just like you build a Facebook.
- ▶ 55:07 Christian Lanng But nine months later, I was running on my laptop a model that was as powerful as ChatGPT three and a half that was released as open source by Facebook.
- ▶ 1:08:52 Christian Lanng Meta has some other stuff and so on.
Miles Grimshaw: The 5 Pillars of Venture Capital & Why Co-Pilot is an Incumbent Strategy | E1061 · 20VC with Harry Stebbings
- ▶ 2:35 Miles Grimshaw You know, there was this idea, it was funny to look back on at the time, but there was vibe and sort of, in many ways, the movie of the time of inspiration was probably, um, was the Facebook movie. 2 times in the scene
- ▶ 1:17:17 Harry Stebbings I think I think Facebook's doing a pretty good job.
- ▶ 1:21:59 Miles Grimshaw As I said earlier, Salesforce, five years after, you know, the internet came about, you know, Facebook didn't launch, I'm not to say this is, you know, every epoch is different, right? 3 times in the scene
- ▶ 1:24:04 Miles Grimshaw Which might not look like an applications, right, in the way that we think of them, but might look more like, you know, this control center idea will, um, have profound amounts of value to them, um, and will probably also pull through even…
20VC: The Biggest AI Leaders on What Matters More; Model Size or Data Size & Where Does The Value in AI Accrue; to Startups or to Incumbents
- ▶ 13:46 Douwe Kiela And I think the Lama paper out of Meta really brilliantly showed this.
- ▶ 25:26 Alex Lebrun And this is what happened to Google and probably also at Meta where nobody has the incentive to do that.
- ▶ 27:46 Emad Mostaque I think it's going to be us, NVIDIA, Google, Microsoft OpenAI, and Demeter and Apple, probably, are the ones that train these models.
Suchit Dash: Scaling Dubsmash to 43M Users, Battling TikTok & Joining Reddit | E1060 · 20VC with Harry Stebbings
- ▶ 12:58 Suchit Dash You could just send a video, and because we couldn't host video because it was too expensive, we just sent it to WhatsApp, Facebook Messenger, iMessage, and that made it the product really lightweight.
- ▶ 33:39 Suchit Dash You know, a Facebook connection in here, or an address book connection in here, and actually more thinking around how users can actually connect around a specific content type or vector that has not been exploited is actually where there's…
- ▶ 37:56 Suchit Dash They were spending that in like a week and also leveraging Facebook's ad marketplace to get hyper targeted at the demographic that they wanted to actually bring over, having the content tailored so that when they would arrive,
- ▶ 39:02 Suchit Dash And Facebook and Snap all benefited because they saw tons of money coming in in the form of revenue, but ultimately it was cannibalizing their user base, which they started to realize in 2020 and started to realize we need to actually go…
- ▶ 57:21 Harry Stebbings Is Facebook a copy machine for consumer social? 3 times in the scene
David Velez: How AI Changes The Future of Finance | E1059 · 20VC with Harry Stebbings
- ▶ 31:51 David Vélez And then for the merchants, we tell them stop spending money with Google or Facebook.
Nikhil Basu Trivedi: Why 99% of AI Investments Will Go Bust | E1057 · 20VC with Harry Stebbings
- ▶ 0:31 Nikhil Basu Trivedi I called outbound message you on Facebook Messenger, which we realized, which is hilarious.
- ▶ 6:06 Nikhil Basu Trivedi You know, it wasn't just, uh, Facebook, uh, posts and infographics and, um, social media content.
Noam Shazeer: How We Spent $2M to Train a Single AI Model and Grew Character.ai to 20M Users | E1055 · 20VC with Harry Stebbings
- ▶ 21:04 Harry Stebbings Why is character, and I mean this in that, why is character a standalone company and not a product of Facebook? 4 times in the scene
Jason Lemkin & Rick Zullo: How "Mark to Market" Corrupted Venture Capital | E1052 · 20VC with Harry Stebbings
- ▶ 3:07 Jason Lemkin People's jaws drop, but Peter Thiel obviously was the angel in seed in Facebook.
- ▶ 45:01 Harry Stebbings We're spending too much on Facebook, but there's this crux of this brilliance that's working.
- ▶ 50:04 Harry Stebbings We thought snap could be like a three hundred million exit to Facebook Twilio.
Nick Huber: Biggest Lies of Silicon Valley; Lost Art of Delegation; How to Grow Your Network | E1051 · 20VC with Harry Stebbings
- ▶ 1:00:31 Nick Huber Meta.
Richard Socher: The 3 Biggest Barriers to Building AGI; AI Startups vs Incumbents | E1050 · 20VC with Harry Stebbings
- ▶ 28:16 Richard Socher with models like Lama two from Facebook, uh, and, and, and everyone there. 2 times in the scene
- ▶ 34:26 Richard Socher Facebook.com. 3 times in the scene
Brian Balfour: Startup Growth Secrets from HubSpot; Distribution Stratagies; Impact of AI | E1049 · 20VC with Harry Stebbings
- ▶ 0:42 Brian Balfour I made my way into growth where I would say, like, 70% of, like, the growth OGs made into growth, which was the early Facebook platform social gaming. 3 times in the scene
- ▶ 3:17 Harry Stebbings I mean, sounds like you should be a VC as well, but it is fascinating to see actually how many came from those early Facebook gaming days, so totally get you there.
- ▶ 51:08 Harry Stebbings Well, it takes us back to what we said at the beginning, really, which is, you know, the early days of Facebook and the Facebook gaming days, which is, you know, Facebook is such an arbitrage.
- ▶ 55:15 Brian Balfour Well, early in the Facebook game, early in the Facebook platform days, uh, one of the apps or games that we had was this virtual gifting app and where you could like send these virtual gifts. 2 times in the scene
- ▶ 58:19 Brian Balfour So like, you know, there, there are things that used to work on Facebook ads or within Google or like some viral loops, right?
Tim Urban: How "Wait But Why" Grew to 600k Readers; AI's Revolutionary Impact on Media | E1048 · 20VC with Harry Stebbings
DEBATE: State of Seed Investing w/ Jason Lemkin, Sam Lessin, Frank Rotman & Harry Stebbings | E1047 · 20VC with Harry Stebbings
- ▶ 0:07 Sam Lessin Bet on Facebook.
- ▶ 2:24 Sam Lessin You weren't trying to manufacture a Facebook.
- ▶ 17:36 Sam Lessin They're not, you know, even if you add up Facebook, Amazon, Microsoft, Google, that's a small percentage of the TAM of the world, right?
- ▶ 51:30 Sam Lessin It's like easier to just invest in Facebook. 2 times in the scene
Lori Jiménez: How to Increase Sales; Hiring Tips from Google; Best Way to Grow Sales Teams | E1043 · 20VC with Harry Stebbings
- ▶ 5:34 Harry Stebbings Next one is Facebook. 4 times in the scene
Stephane Kurgan: Lessons Scaling King from 100 Employees to 2,400; How to Find Great Talent | E1041 · 20VC with Harry Stebbings
- ▶ 3:15 Stephane Kurgan I mean, the beauty of free to play on Facebook and later on mobile is that it provides you, you know, faster and, uh, and a higher quantity of data than almost any, any other business.
- ▶ 19:49 Stephane Kurgan With Meta.
- ▶ 43:33 Harry Stebbings And he mentioned, you know, Facebook, which is obviously kind of tools for communities, and it's a very kind of long-winded and superfluous mission statement. 2 times in the scene
- ▶ 47:16 Harry Stebbings For, you know, we, we see some incredible people like your, you know, uh, Naomi's at Meta's or your, you know, Sheryl's who was there for many, many years is two great examples just from Meta, where I'm sure they have every single company… 2 times in the scene
- ▶ 52:41 Stephane Kurgan I had a very lucky timing when, when I, I joined King, uh, because I joined right before the launch of the first successful Facebook title.
Adam Mosseri: Why Video Is Bad For Business; Does Feed Matter Anymore? | E1039 · 20VC with Harry Stebbings
- ▶ 4:40 Adam Mosseri And I was reliable, because I had a job before Facebook. 2 times in the scene
- ▶ 13:12 Adam Mosseri I think he was running the Facebook app at the time.
- ▶ 14:54 Adam Mosseri Are we gonna get swallowed by the big company? 3 times in the scene
- ▶ 30:42 Harry Stebbings And it was such a, like, strategic directional decision for the company. 2 times in the scene
- ▶ 35:40 Adam Mosseri I spent, I spent five years of running newsfeed.
- ▶ 36:02 Harry Stebbings And then you, you know, you, we look at quite a few of Facebook's kind of innovations, and 2 times in the scene
- ▶ 38:51 Adam Mosseri Early Facebook days, before we had photos, people just kept changing their profile picture.
- ▶ 43:53 Adam Mosseri We also, I mean, look, when we first started building separate experiences, we, you know, we kept building, we built, the first two were Facebook Home, which was a, I was my first PM project, spectacular failure,
- ▶ 44:07 Adam Mosseri And paper.
- ▶ 44:08 Adam Mosseri And they were essentially just a repackaging of the Facebook app.
- ▶ 47:32 Adam Mosseri Sends, which is a pure friend-to-friend interaction, even not even, even if you take out the real shares, because they start conversation, I might send you a funny, you know, football clip, and then we talk about something else, um, is…
- ▶ 1:00:24 Harry Stebbings Facebook had the, like, 3 times in the scene
- ▶ 1:02:35 Harry Stebbings I mean it in the nicest way, but when you get to a stage where you're as big as, you know, Facebook, Matter, Instagram are, and you are CEO.
- ▶ 1:04:58 Harry Stebbings Like, it doesn't work, and it's a Facebook home that people forget.