Schultz Sponsored LGBTQ+ Features and Serves as Meta's Pride ERG Sponsor
Alex Schultz · Meta CMO Alex Schultz: Competing Against TikTok & Snap; Why Reels Failed at First | E985 · 20VC with Harry Stebbings · Mar 7, 2023 · at 48:19
Alex Schultz, CMO and VP of Analytics at Meta, reflects on how coming out at Facebook led him to champion diversity initiatives and serve as executive sponsor for the company's LGBTQ+ group.
0:00 / 0:14exact quote · 14.3s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Now obviously I've done lots of stuff with, whether it's the rainbow filter or whether it's same-sex relationships on the product or, you know, other gender options or various things where I've helped sponsor that happening in our product because of the community that we've built, and I'm exec sponsor for now for the Pride Act community.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Alex Schultz
Schultz: Snap Cloned TikTok Despite Public Denials
“Faster than Snap, who also cloned and copied TikTok despite everything they've said about that.”
Alex Schultz: A one-person startup reaching tens of millions is inevitable
“Instagram was seven people and got to tens of millions of active users. I don't see why there won't be the next Instagram that's one person and gets to tens of millions of active users. In fact, I think it's inevitable.”
Alex Schultz: Europe is not in the global AI race
“Europe's not in the race right now. I mean, maybe it can find a way to be in the race, but I don't think it's in the race. You've got the US and China as the two groups that are leading in AI.”
Alex Schultz admits Meta's Llama 4 missed the leading edge
“It's pretty clear Llama was not, like, Llama four wasn't leading edge where Llama three was. So, you know, our big release this year was not a slam dunk, but our big release last year was, and I'm pretty confident our next big release will be again.”
Schultz: Meta Moved Too Slowly on Product Rollouts and It Was My Fault
“Personally, I think we took too long, and if I went back and did it again, I would have moved a lot faster, which is weird for a meta executive to say, but I actually think we moved too slowly, and in many ways it was my fault.”
Schultz: Being Second to Market Works if You Out-Innovate Later
“Personally, I think generally it's okay to be second, and we're totally fine being second. Catching up on the basics, and then trying to out-innovate. Like step, step, step. Like launch, catch up, overtake with innovation. I think is a very, very good model. Y…”