Mark Zuckerberg: Facing A Cautionary Tale
SME Magazine Singapore|July 2018

It’s hard to believe, but Facebook has been around for 14 years. In Internet I years, that practically makes Facebook middleaged. However, it has outlasted many of its early social media rivals, including Myspace (a shell of its former self), Friendster (completely dead), and even rival Google’s own ham-fisted attempts at social media.

Mark Zuckerberg: Facing A Cautionary Tale

Why? A lot of it is down to “Facebook executed it better”. It had a simple interface, better uptimes than its rivals, and a “cool” factor that lured users. Facebook was the main driver behind the social media revolution. And the driving force behind Facebook is its mercurial CEO, Mark Zuckerberg.

The Zuckerberg most people know is the one depicted by the movie The Social Network: nerdy, insecure, and shady – in no way a mature adult who somehow built the world changing social behemoth. His awkward public appearances over the years have not improved that impression. Despite this, he has learned to lead and prevail in Silicon Valley’s cutthroat environment. He learned from the best brains in the business, but he never let them sway his passion and vision for his business.

Now though, Facebook is embroiled in a crisis where its user data was used to improperly influence the United States presidential election in 2016, a potential violation of American election law. Privacy scandals have dogged Facebook since it entered the popular consciousness, but this recent impropriety has caused Zuckerberg to be hauled up before Congress to face American lawmakers.

So how did the giant rise, and how did Zuckerberg run it? What lessons can we learn from its crises?

THE BIRTH OF A DISRUPTIVE GIANT

When Mark Elliot Zuckerberg attended Harvard University, he wrote a program called “Facemash”, which compiled data from the ‘face books’ of Harvard. A face book is a student directory consisting of photographs and basic personal information, usually distributed by university administrations for students to better know each other.

Esta historia es de la edición July 2018 de SME Magazine Singapore.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición July 2018 de SME Magazine Singapore.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE SME MAGAZINE SINGAPOREVer todo
Cloud- Driven Recovery
SME Magazine Singapore

Cloud- Driven Recovery

With digital transformation being an important catalyst for Malaysia’s inclusive economic recovery, cloud computing plays an important role that enables . the country to acquire the advantages that technology offers.

time-read
5 minutos  |
Issue 40, 2021
SME Magazine Singapore

Live Werkz: Venturing Beyond Southeast Asia

Being forward-looking in its approach has enabled LiveWerkz Pte Ltd to survive the Covid-19 pandemic, says vice president Tricia Ng. Despite being a Singaporean company, the company does not focus its efforts in the Southeast Asia region. Instead, Greater China and the Middle East become the foundation for its businesses. Ng tells SME the company’s strategies in facing a challenging future.

time-read
2 minutos  |
Issue 42, 2021
SME Magazine Singapore

Singapore's Go Digital Well Received

More than 78,000 of Singapore’s SMEs have participated in the country’s Go Digital programme since its 2017 launch, with more about 40,000 becoming participants last year, including 30,000 that received Covid-19 incentives from the government.

time-read
2 minutos  |
Issue 42, 2021
Accountants And SMEs: Creating A Sustainable World
SME Magazine Singapore

Accountants And SMEs: Creating A Sustainable World

For SME finance professionals, ‘sustainability’ is about achieving longevity. However, there is a confusion over different definitions of sustainability. They recognise the growing importance of tackling sustainability issues but lack the understanding of how doing this can be integrated into day-to-day practices within the finance function.

time-read
5 minutos  |
Issue 42, 2021
Rebuilding Our Mental Well-Being In Sales
SME Magazine Singapore

Rebuilding Our Mental Well-Being In Sales

Sue Barrett is a writer, training provider and entrepreneur who founded Barrett in 1995 to positively transform the culture, capability and continuous learning of leaders, teams and businesses.

time-read
2 minutos  |
Issue 42, 2021
Omicron: A Test Of Resilence
SME Magazine Singapore

Omicron: A Test Of Resilence

Global manufacturers have been facing a supply chain crisis since the start of the year. Just as it appeared that the situation was beginning to stabilise, the Omicron Covid variant reared its ugly head.

time-read
6 minutos  |
Issue 42, 2021
Silver Lining In The Cloud
SME Magazine Singapore

Silver Lining In The Cloud

Although RAS Security Pte Ltd’s business was adversely affected by the pandemic, there’s a silver lining in the cloud. The occurrence has necessitated the company to innovate its business model to remain viable and led to the discovery of new areas of security service provision. Managing director Tejdeep Singh shares his journey.

time-read
2 minutos  |
Issue 40, 2021
SME Magazine Singapore

Accelerating Artificial Intelligence

Singapore is introducing two new public artificial intelligence (AI) programmes as part of the strategy to use technology for social and economic good, involving a total allocation of S$680 million to accelerate AI research. The latest initiatives require a funding of S$180 million.

time-read
2 minutos  |
Issue 40, 2021
Three Tips For Hiring Top Talents
SME Magazine Singapore

Three Tips For Hiring Top Talents

BIG EGOS LOSE TALENTS First up, when it comes to hiring, you must put aside your ego.

time-read
2 minutos  |
Issue 40, 2021
The Economy Is Recovering, But What About People?
SME Magazine Singapore

The Economy Is Recovering, But What About People?

All signs are pointing towards a speedy recovery. Contrary to what this writer initially predicted, the economy seems to be genuinely recovering.

time-read
3 minutos  |
Issue 40, 2021