There are many excellent lessons I have learned from observing high achievers. When I am counseling folks on the mend from a breakup or divorce, I urge them to stay intensely focused on their recovery.
What's the $100 billion for? It's an option on Mark Zuckerberg and his 800 million Facebook friends. It's an option on whatever future monetization strategy Facebook may develop. That value may be high. It may not be unreasonable.
Throughout history, intellectual rigor and tireless exploration of the world we live in have been qualities that Jews have striven toward. As such, Google is the platform that should appeal most to the aspirational Jew within.
We estimate 50 percent of married users ages 28-35 joined Facebook for the sole purpose of trying to track down and potentially hook-up with an old high school boyfriend/girlfriend.
In fact, history is littered with companies that were the category leader and got displaced, even when they had full and total dominance. So although Facebook is very big and has dominance, its future is not guaranteed.
In your letter submitted with the IPO filing, you said your goal is "to give everyone a voice and to help transform society for the future." I challenge you to practice what you preach.
Consider the many ways you need to check in with your social network and the all-seeing, almost totalitarian power of the text message. Yes, communication is all-but-instant, but so is observation.
Why not go the route of Wikipedia or Firefox or WordPress, digital creations that are open source and not-for-profit? Or why not stay a private company, turning a small profit but answering only to yourself?
Occupy! was the 2011 Word of the Year according to the American Dialect Society. Did Americans sober up in 2011, or do we simply prefer to alternate between heaviosity and levity?
How much are your Facebook friends worth? It's difficult to put a price tag on friendships -- but we might soon find out what Wall Street thinks.
Without question, naming your product is important. But it's also a great opportunity. The right name can distinguish you from the competition, as well as differentiate your product from seemingly similar offerings.
Startup employees and new investors are looking for people they actually like who are insanely passionate about their ideas; not inflexible, uninspiring drones.
There is nothing we can do to stop the murderous rebels; nothing we can do to force the incompetent and corrupt president to order his army to protect the "enfants sans defense;" nothing we can do to provide life-giving medicine.
For venture capital, 2011 was a year of recovery. But even as the asset class climbs from its depths and ten-year average returns move into the black, investors continue to shun VCs.
Believe it or not, it is possible to get filthy rich without spending half of your life in school.
This is a big moment. Facebook and its peers have changed the way we communicate. I hope Zuckerberg and his team think deeply about the conditions for their long-term success.