I think one thing that may have happened with both Facebook and Zynga is that they may have waited too long to go public. They got particularly cute on that front.
Sentiment: NEGATIVE
Facebook didn't know how successful Zynga would be.
People don't want to leave Facebook to play games - Zynga's phenomenal success is proof of that.
I actually think Facebook made it their business to be close with all of the app developers. They couldn't have done more.
The thing that's been really surprising about the evolution of Facebook is - I think then, and I think now - that if we didn't do this, someone else would have done it.
The big success stories - Facebook, Zynga and Twitter - are leading to investing in ideas on a napkin, because no one wants to miss out on the next big thing.
In 2005, MTV Networks considered buying Facebook for seventy-five million dollars. Yahoo! and Microsoft soon offered much more. Zuckerberg turned them all down.
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.
Social networks do best when they tap into one of the seven deadly sins. Facebook is ego. Zynga is sloth. LinkedIn is greed.
Companies with aspirations to be larger publishers - Kabam, Kixeye, even Zynga - are moving aggressively off the Facebook platform to mobile and the open Web. Publishers aren't convinced that the costs of being on Facebook are worth it.
As with Google, Facebook was a place that just concentrated a lot of top talent. It's just sort of natural that those people would go on and continue to be successful.
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