In business, invention is often said to be overrated as compared with execution. Perhaps the best proof of this idea yet to be offered by the twenty-first century is the success of Facebook, a business with an exceedingly low ratio of invention to success. There is no lightbulb, or telephone, let alone a truly ingenious algorithm in the company’s history. And yet no firm, save Google, has harvested as much attention from the Internet, or commercialized it as effectively.
– from The Attention Merchants book by Tim Wu
Tag: Quotes on Facebook
Facebook’s leadership includes a web of …
Facebook’s leadership includes a web of people all entangled as bridesmaids, best friends, neighbors, and exes. Their fealty is seemingly to each other, their tribe, ahead of any ideology or anything else. Their pasts, presents, and futures are all deeply intertwined in a way that mine are not. They hire each other for jobs with big salaries, responsible for each other’s promotions and bonuses. A tiny enmeshed group of people increasingly responsible for shaping the attention of billions.
– from Careless People book by Sarah Wynn-Williams