On engagement, we're already seeing that mobile users are more likely to be daily active users than desktop users. They're more likely to use Facebook six or seven days of the week.
Sentiment: NEGATIVE
The main Facebook usage is so big. About 20 percent of the time people spend on their phone is on Facebook.
Facebook was founded on February 4th, 2004, and around February 5th, we were feeling pretty confident it would be bigger. We would see Facebook on every single laptop in class. We knew there was a bigger story here.
One of my big regrets is that Facebook hasn't had a major chance to shape the mobile operating system ecosystem.
Facebook was founded on February 4, 2004. On February 5, we were feeling pretty confident, even from observing the first few hours of usage. Students used it like crazy. They'd sign up then spend the next 3-4 hours on it. Then we'd go to lecture hall and see it on every computer screen there.
Right now, nearly all the apps on Facebook take a week to build. No more.
As users replace usage of the web with a mobile, app-centric ecosystem, the phone becomes the center of gravity. In this mobile world, Facebook is just one app on the phone.
Facebook's data trove is enviable, and its moves into nearly every aspect of our lives - from payment to media, will create even more of it. The company also has created a huge base of developers for its platform, but the ecosystem is incomplete compared to vertically integrated OSes like iOS, Mac or Windows.
Our role is to be a platform for making all of these apps more social, and it's kind of an extension of what we see happening on the web, with the exception of mobile, which I think will be even more important than the web in a few years - maybe even sooner.
When we were a smaller company, Facebook login was widely adopted, and the growth rate for it has been quite quick. But in order to get to the next level and become more ubiquitous, it needs to be trusted even more.
I actually regard Facebook as a huge bore, but I cannot refrain from participating in it. I guess I crave the feeling of hope it gives me to think that today will be different from yesterday, that I will find an interesting comment or poke or video, and on the extremely rare occasion when that happens, I am just thrilled.
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