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
Hey I am on Medial • 1y
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.
Before Facebook, MySpace ruled the internet.
– 300 Million users.
– A $12B valuation.
It was the king of social media.
But by 2010, it was a relic of the past.
What really happened?
Here's the untold story behind the fall of MySpace.
In 2003, Tom
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
Uttkarsh Singh
Learning • 10m
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
TikTok's CEO used to work for Mark Zuckerberg as a Facebook intern. Just one decade later, he's become one of Meta's firecest competitors
8 replies27 likes
Harsh Verma
Reach your peak • 11m
When Mark Zuckerberg was creating Facebook, he took funds from his friend, why did he need money when he himself was a developer?
6 replies4 likes
Divakar J
Creating things that... • 9d
I read a advice somewhere.
" in today's age if you are doing a startup forgot any type of profit from it for atleast 10 years, you should build something that is for future
eg- Zuckerberg built facebook, because he knew after some time social medi
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0 replies2 likes
Vishu Bheda
•
Medial • 5m
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
Don’t live life like it’s a diversified portfolio.
You don’t get extraordinary outcomes by spreading yourself thin.
Real impact comes from focus, conviction, and going all-in on what matters.
Diversification is for capital.
Concentration is for li
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
