Friday, May 29, 2009

Zuckerberg: Facebook taking a monolithic approach creating the foundation for social networking


Facebook just received a $200 million investment by serial social network investor Yuri Milsner, founder and CEO of Digital Sky Technologies.

Zuckerberg talks about Facebook position and influence in the evolution of social networks. While Facebook is growing at a ridiculous rate, 20-30 million users per month, Zuckerberg analogizes that Facebook is to social network what Apple was to the personal computer, an early monolithic company that sets the foundation or platform for much more social network innovation by external developers and companies.

Similarly, as Apple set the foundation for the personal PC, chip companies, app developers, and OS companies sprout to take advantage of the personal PC gold rush.

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