Social networks do best when they tap into one of the seven deadly sins. Facebook is ego. Zynga is sloth. LinkedIn is greed.
Sentiment: NEGATIVE
For me, 'The Social Network' isn't about Facebook. It certainly isn't about how people use it. It's about a flawed character and his pursuit of that grand idea that defines him and validates his life and how far he'll go to get it, and the repercussions that come as a result of that - what he gives up in the process.
Facebook didn't know how successful Zynga would be.
Social networks are these intricate things of beauty, and they're so elaborate and so complex and so ubiquitous that one has to ask what purpose they serve.
LinkedIn is the Netscape of its era.
I think at all social networks, be it Facebook or Twitter or whatever it is, there's an ecosystem that exist there. But there's also an ego system that exists there.
I use Facebook all the time. I'm not a believer that they're going to do everything on the Internet better than anyone else.
People don't want to leave Facebook to play games - Zynga's phenomenal success is proof of that.
Facebook is massive in scale and scope. Twitter is a public communication forum, but if I'm following you, you're not necessarily following me. LinkedIn is, simply, a professional network.
Facebook is the social graph with the organizing principle around your friends and your social life. LinkedIn is the professional graph, organized around you, your job, your industry, your title and your function. At Chegg, we are building a student graph centered around you, as a student.
The reason the social-networking phenomenon is something that I invested in early and massively - I led the Series A financing for Friendster; I founded a company called Socialnet in 1997; I founded LinkedIn; and I was part of the first round of financing in Facebook - it sounds trivial, but people matter.