Facebook co-founder Mark Zuckerberg critiques startup formation habits in Silicon Valley during an interview with Y Combinator.
What-if
Zuckerberg: Better internal expertise might have avoided buying Oculus
“When I look at things like, you know, we bought you know, the Oculus team for a lot of money, right? I actually view that as you know, if we'd done a better job of building up some of the expertise to do some of that stuff internally, then, you know, maybe we …”
Prediction Not checkable as stated
Zuckerberg: VR and AR will be the next major computing platform
“There's going to be another platform after that. And I think that's going to be a virtual reality and augmented reality.”
Assertion Not checkable as stated
Zuckerberg: Facebook Runs Tens of Thousands of Live Product Variations Simultaneously
“At any given point in time, there aren't, there's not just one version of Facebook running in the world, right? There's probably tens of thousands of versions running because engineers here have the power to try out an idea and ship it to, you know, maybe 10,0…”
Insight
Zuckerberg: Well-run companies should not need to make big crazy bets
“So I actually think when you do stuff well, you don't, you shouldn't have to do big crazy things, right? So you want to actually evolve in a way where you're working with your community and making steps and learning.”
Insight
Zuckerberg: Social understanding required expression tools, not search indexing
“All that other content was just out there able to be indexed by, you know, search engines and other services, but in, in order to understand what's going on with people, you needed to build tools that made it so that they could express what was going on with t…”
Assertion Contradicted
Zuckerberg: Entire Facebook management team left within a year of rejecting Yahoo offer
“The whole management team was gone within within about a year after that.”