In category creation burn is OK for acquiring customers, marketing, etc. But in other well established categories why businesses are burning?
Because if competition?
Anonymous 1
Stealth • 9m
Yes. Sometimes as founders you need to have conviction on yourself, like Zuckerberg knew Facebook has a potential to be a better product than that of Orkut or MySpace or anyone else. He still burnt a lot. Made the brand. And look at him now.
You don't need a extra ordinary idea to build something.
Ola cabs is a copy of uber.
Facebook inspired by myspace
Execution matters. Ideas dont
0 replies5 likes
Raghav Srivastav
Stealth • 7m
When Mark Zuckerberg was creating Facebook, he took funds from his friend, why did he need money when he himself was a developer?
5 replies3 likes
Uttkarsh Singh
Stealth • 7m
Michael Dell Founded Dell at 19
Bill Gates founded Microsoft at 19
Mullenweg founded WordPress at 19
Zuckerberg founded Facebook at 19
Steve Jobs founded Apple at 21
All this doesn't make any sense, you know yourself better than anyone else, jus
Mark Zuckerberg coded Facebook.
This woman monetized it.
When Sheryl Sandberg joined, Facebook had almost no revenue.
But when she left: $118 Billion.
2008: Facebook, the coolest kid on the internet block.
Problem? They're burning cash faster th
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0 replies4 likes
Mayank Kumar
Stealth • 6m
Anyone a fan of facebook marketplace here?
Share reviews or thoughts!
Facebook is a major social networking platform, established by Mark Zuckerberg and his college roommates in 2004. It was initially created for college students, but quickly expanded to include users from all backgrounds. Facebook allows users to crea
Its mostly us who put a spell on ourselves, and lock our ownselves up, nobody else can ever do it to us. Its just us.
You're only locking yourself up from opportunities. Not anyone else.
0 replies3 likes
Arcane
Stealth • 2m
A North Star metric is a KPI that helps you understand if your business is meeting the expectations of your customers and team.
For something to be a North Star metric, it should:
🔹be One single metric
🔹contribute to generating income for your bu
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8 replies5 likes
Muttu Havalagi
Stealth • 8m
Judge denies claims on Zuckerberg's liability in Meta harming kids.
A US judge on Monday dismissed few cases claiming Meta CEO Mark Zuckerberg was personally responsible for Facebook and Instagram addiction harming kids. Around 25 lawsuits had accus
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7 replies17 likes
Mr Z
•
Medial • 1m
Mark Zuckerberg stole Facebook from them.
So they sued him for $65 million.
Now they're crypto billionaires.
Lessons from the wild story of the Winklevoss twins:
Let's start with betrayal.
In 2004, Harvard twins hired Zuckerberg to build their n