Addressing an adoring crowd at Y Combinator’s startup school, Mark Zuckerberg, the founder and CEO of Facebook, said that sharing will increase exponentially in about 10 years.
In being interviewed by the co-founder Y Combinator, Paul Graham, Zuckerberg said, “It’s sort of a social-networking version of Moore’s Law. We expect this rate [of sharing] will double every 10 years. So in 10 years from now, people will be sharing about 1,000 times as many things as they do today.”
It’s clear that this is what newly public Facebook and Zuckerberg are counting on: for its 1 billion users to not only interact with their friends but also with brands.
Yet from the interview it was clear that this wasn’t about Facebook the business that is facing issues, whether the messy IPO, the ad business or even the word ‘mobile’, but really using this meeting as inspiration for the 1700 entrepreneurs that attended, and came from all over the country.
What they did focus on, in the interview, is Zuckerberg’s days at Harvard where he pursued psychology before he began to develop Facebook, and ultimately left school to build a company in Palo Alto. In fact, he also mentioned that he never built Facebook in order to start a company, and still does to his shareholders.
In commenting on the entrepreneurs of today, Zuckerberg said that they need to begin to focus on big, meaningful problems that they feel passionate about instead of the current trend of dealing with small issues.
In also speaking of copying stuff that others are doing, Zuckerberg said that this isn’t going to help companies be successful.