7 Takeaways From Lasts Night’s Talk With Mark Zuckerberg

-Mark Zuckerberg-Last night Mark Zuckerberg faced a dual interview from David Kirkpatrick, author of “The Facebook Effect”, and NPR’s Guy Raz, at the Computer History Museum in Mountain View, California. We attended the event to see what, if anything, would be announced, and while there weren’t any significant announcements, there were a few takeaways, all of which have been included below.

The Most Engaging Thing Online Is Other People

This isn’t exactly breaking news, however if you’re trying to figure out why your site isn’t performing well, you may want to ask yourself: “How many faces are on my website?” While you may have developed a clever way to drive traffic to your site, the best way of keeping people on that site is to display images which includes people. As Mark Zuckerberg told the audience last night, “The most engaging thing online is other people”, which is why more time is spent on Facebook than any other site on the internet.

People In Larger, Less Restrictive Networks Are More Engaged

While discussing the recent privacy hurdles that the company faced, Mark Zuckerberg disclosed that the company has seen an increased level of engagement among those networks that are larger and less restrictive. He stated that as the company expanded into new countries, like India, the entire country was a network and thus more people in each of those countries had access to more people. Zuckerberg also confessed that the small percentage of users who take advantage of a specific feature tend to be extremely passionate about that feature, hence the backlash when Facebook removed some privacy settings. The result has been a decrease in engagement levels within the more restrictive networks and an increase in engagement in less restrictive networks.

Facebook Is Working On Improving Friend Lists

After being hounded by David Kirkpatrick about “friend groupings”, Mark Zuckerberg admitted that the company had not build Friend Lists effectively. However he alluded to the idea that the company was actively working on an improved solution. He believes that the list model is not easy enough to use, despite the adamant protest of Sean Parker, according to David Kirkpatrick, for granular list functionality.

Don’t Expect Much To Come From Interviews

When asked by an audience member what questions he wished had been asked of him on stage, he said that in reality “I’m always most excited about what we’re working on now, but I can’t talk about it”. So don’t expect any news to come from Mark Zuckerberg during future interviews. While Guy Raz prodded to find out about what exists in Mark Zuckerberg’s “Black Book” today, he wasn’t able to get anything out of Zuckerberg who has now spent years being trained by PR pros.

Daily Percentage Of Active Users Has Increased

While you’d expect the daily percentage of users on Facebook to decrease as the site gains more users, Zuckerberg disclosed that the daily percentage of active users (which hovers near 50 percent), has actually gone up over the past year as the company approached 500 million users. It’s an incredible statistic which Facebook has proudly acknowledged on a regular basis.

400 Engineers

Right now Facebook has 400 engineers at the company building all the features that are used by the more than 500 million users. That’s approximately 1 engineer to each 1.25 million users on the site.

How To Become A Successful Entrepreneur

One of the best questions, or at least one of my personal favorites, from Guy Raz was “What makes a successful entrepreneur?” It’s something that I regularly focus on and while Zuckerberg didn’t respond with anything that was going to blow anyone away that has been studying entrepreneurship, he did give some good advice. He said two things make a good entrepreneur: “First, having a strong sense of what you want to do”, and second, “building a really great team”.

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11 Comments »

  1. Dear Mark Zuckenberg & Facebook Staff:

    I am a daily user of Facebook… I feel I found good friends on the program, I remove every month, people…"I do not want quantity I want quality". I saw people with 5,000, 4,000, 3,000 friends.. is ridiculous.. how someone with that amount of friends can keep good communication with others. Think this issue need to be solve, some people with this amount of friends, are only "selfishes", they thinking are a "movie-star"…

    Hope Facebook continue improving the website, in benefits of all users. Same as let everyone enjoy Facebook, example: Windows Me, Windows XP …etc

    Thanks !! And God Bless You!!

    with "love" , LUIGI

    Comment by Luigi — July 22, 2010 @ 7:18 am

  2. Good comment there Luigi. Not.

    Comment by Steve — July 22, 2010 @ 8:42 am

  3. Nick, great article. I love the first point that you highlighted – "the most engaging thing online is other people." We've been looking to add team pictures to the sales page and this might have closed the deal.

    Comment by InternshipKing.com — July 22, 2010 @ 9:26 am

  4. I don’t trust their numbers. The actual engagement numbers are pitiful. 75% of the people who log in do nothing (based on the stats now scrubbed from their stats page). And don’t forget the pressure on Mark. He took an investment that privately valued Facebook at $23bil. But Wall Street Analysts come up with $11bil. And this Google-Zynga deal is hardcore. Social Gaming accounts for more of time spent on Facebook than they will ever let on. All I can say is remember their agenda. They won’t discuss true data because it shows major holes in their business.

    Comment by Howie at Sky Pulse Media — July 23, 2010 @ 2:55 pm

  5. I just want to know if there is a video, pic., etc. posted on fb.; is it O.K. to share it with anyone on fb???? Especially, if "Share" is mentioned in the bottom right under the pic. This copy right law thing is keeping me from sharing with my friends on facebook.

    Comment by Bill Seagraves — July 24, 2010 @ 7:17 pm

  6. the recent change of eliminating most recent to more stories is crazy, its like reading an old newspaper. no one i know likes this it needs to be brought back asap, why would u change that?. whats going to happen is u r going to force people to load up and utilize the bootleg snag bars resulting in neighbors dumping neighbors as soon as they r busted.

    Bring it back it makes no sense the other way.

    Thanks.

    would like a response please!!!

    Comment by Dave Alfredson — July 25, 2010 @ 11:40 am

  7. FYI – for AllFacebook tech folks. Please adjust the printing feature so it only prints the article and not the ads and comments on the page. I only wanted 2 pages but got 7 from the article above.

    thanks!

    you do great work!!

    Comment by kim — July 26, 2010 @ 3:40 pm

  8. [...] which is much more comfortable in public. While he was recently self-deprecating during an interview at the Computer History Museum, calling himself “awkward”, a method Mark uses (intentionally or not) as a way to make [...]

    Pingback by A Renewed Mark Zuckerberg — October 17, 2010 @ 7:17 pm

  9. love you stories and i hope you can keep them coming. Honestly it is hard to find an interesting blog these days.

    Comment by bondan — January 14, 2011 @ 8:54 am

  10. hey what up with u ……….

    Comment by erica — January 14, 2011 @ 1:34 pm

  11. wonderful data, wonderful information to me..
    i'm hoping for anyone will take this info.

    Comment by gadget | technology — November 16, 2011 @ 8:10 am

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