Zuckerberg: Meta is unashamed to adopt and improve competitors' innovations
Mark Zuckerberg · Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg) · Acquired · Sep 30, 2024 · at 1:39:31
Meta CEO Mark Zuckerberg discusses Meta's strategy of balancing original invention with learning from and improving upon successful market patterns discovered by competitors.
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“We're not embarrassed about learning from things that other people, like, discovered that were good first, and then we build a better version of it, and I mean, I think that that's, You know, no one company is going to invent everything, right? I think if you don't invent anything, then it's hard to kind of be a successful company. But I do think that there's a mix of this. There are more smart people outside of your company than inside your company. If you're not learning from what's going on in the market, then you're missing a lot of opportunities to get valuable signal from people in the community and customers about what they want you to be doing.”
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