LONDON: On the 14th birthday of the launch of Facebook , Mark Zuckerberg reflects on what he has learned building the social media behemoth.
And to hear the 33-year-old entrepreneur tell it, he had to learn everything.
Now a titan of the tech industry and sitting at the helm of a company with a market capitalization of almost $550 billion, Zuckerberg says that when he launched Facebook, he had no idea what he was doing.
“I was 19 when I started Facebook, and I didn’t know anything about building a company or global internet service,” Zuckerberg says in a Facebook post published on Sunday.
“Over the years I’ve made almost every mistake you can imagine. I’ve made dozens of technical errors and bad deals. I’ve trusted the wrong people and I’ve put talented people in the wrong roles. I’ve missed important trends and I’ve been slow to others. I’ve launched product after product that failed,” writes Zuckerberg of his missteps.
He also indicates he and Facebook still have room to grow.
“It’s a moment to reflect on how far we’ve come from that dorm room at Harvard and how far we still have to go to bring the world closer together. And it’s a moment to think about what we need to do better,” Zuckerberg says.
“We are still early in this journey and we will keep working to improve. That focus has always been our strength, and that’s what this year is all about.”