MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

I was fascinated by how people work and communicate, which led me to study psychology and computer science.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

In 2004, I noticed that while you could find almost any content online, there was a lack of tools for understanding and connecting with other people.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

I built a website called Course Match to help students at Harvard connect based on the courses they were taking, which highlighted people's desire to understand their peers.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

I created Facebook because my friends and I wanted a way to connect with others at Harvard, not because I thought it would become a company.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

Facebook's success stemmed from our commitment to keep improving the platform based on user demand, which was different from my previous projects.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

I advise aspiring entrepreneurs to start with the problem they want to solve rather than focusing on building a company.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

The best companies drive social change, and it's important to believe in the value you're providing to people.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

One of the hardest moments for me was when Yahoo offered to buy Facebook for a billion dollars, forcing us to consider our future direction.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

After turning down Yahoo's offer, we decided to focus on connecting more people, which ultimately led to significant growth.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

Building a company is about learning quickly and making decisions that enhance that learning process.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

Facebook's innovation culture allows engineers to test ideas and learn from experiments, which is crucial for progress.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

The rollout of Newsfeed was a significant shift, but it was based on years of observing user behavior and needs.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

When things are working well, I use data and qualitative feedback from the community to identify problems to solve, and then I rely on intuition to develop solutions and test those hypotheses.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

The growth group we established at Facebook was crucial for our rapid growth, as it focused on leveraging our product to encourage community members to evangelize it to their friends.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

I believe that the best way to grow a product is to invest in data infrastructure, allowing you to process experiments and learn from community feedback.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

Connecting everyone to the internet is essential, as over half the world is still offline, and solving global challenges requires collective participation.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

Artificial intelligence will unlock immense potential across various domains, including healthcare, where it can improve disease diagnosis and treatment.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

Every 10 to 15 years, a new major computing platform emerges, and I believe that virtual and augmented reality will be the next platforms that enhance creativity and immersive experiences.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

I advise young entrepreneurs to work on something they care about without committing to turning it into a company until it shows promise, as many successful companies were built this way.

MZ

Mark Zuckerberg

08/17/16

@ Y Combinator

The biggest risk you can take in a rapidly changing world is not taking any risks at all, as stagnation guarantees failure in the long run.

Mark Zuckerberg : How to Build the Future

Takeaways