Masters of Scale Imperfect is perfect QUESTIONS AND ANSWERS LAURA GRACE ACHIENG’BARAZA. 1. Who is Mark Zuckerberg? 1 mark Mark Zuckerberg is the founder and CEO of Facebook, the social network that he originally launched as a student at Harvard which now serves 1.8 billion people worldwide. 2. At what age did Mark Zuckerberg begin becoming a tech entrepreneur and what did he create? (Make mention of the graphics used) 2 mark At the age of 12 years old, he built a snowball fight game with graphics that were sticks. 3. At the time of the launch of Mark Zuckerberg’s social network, where was he studying? 1 marks Harvard University 4. What was the system that Mark Zuckerberg created called and what purpose did it serve? 3 marks 'Imperfect is Perfect' he built a system where he could communicate with folks across rooms, and can also can communicate with me and my sister’s upstairs—and I called it ZuckNet. 5. Who is Reid Hoffman? 1 mark Reid Hoffman is the co-founder of LinkedIn and partner at Greylock. 6. What advice does Reid Hoffman share about embarrassing yourself as an entrepreneur? 2 marks He says that “if you’re not embarrassed by your first product release, you’ve released it too late.” 7. What does Reid Hoffmann mention as an aspect that could make or break your business? 1 marks Going to first with speed. 8. What is Mark Zuckerberg’s mantra and what Reid Hoffmann argues the foundation of Facebook's success? 1 mark “Move fast and break things” 9. While Mark Zuckerberg should have been studying for his final exam for ‘Rome of Augustus’ he was busy creating a service. What was this service and what point did it serve? 3 marks 'I have more fear that we aren't going to maximize the opportunity ...' Mark Zuckerberg He was coding the first version of Facebook. 10. Who is Susan Danziger? 1 mark Susan Danziger is the CEO of Ziggeo, a platform for recording and embedding high quality videos online. 11. What is Susan Danziger’s feelings and thoughts about the perfectionist problem? 2 marks Susan feels that we have to deprogram ourselves so that we actually release things that we are definitely, slightly embarrassed about. 12. What was Mark Zuckerberg’s feelings towards the idea of them possibly building a global social network platform 2 marks . He considers it a work of pure fiction. With only one exception. 13. What lesson did Mark Zuckerberg learn relating to the different colleges and what did it prove? 3 marks he learned how to listen. And it proved that entrepreneurs need to both listen to what users say, and selectively ignore them. People can’t always accurately predict their own tastes or even their own interests. 14. Who is Mark Zuckerberg’s co-founder of Facebook and where did they decided to go together for the summer? 1 mark ‘A lot of the decisions that I’m making are, ‘OK, is this going to destroy the company?’ Because if not, then let them test it.’ Mark’s co-founder is Dustin. And both of them decided to go to Silicon Valley for the summer. 15. During their time in Silicon Valley who was interested in investing in Facebook and later became an investor? 1 mark Peter Thiel led. 16. According to Dick Stockton, what was Facebook’s growth over the next few years. 4 marks Facebooks growth: 2005, Facebook expands to 2,000 colleges. By 2006, Zuck turns down a billion-dollar buyout. Later that year, the genius programmer gets a $15 billion offer. 2008. This hacker-turned-internet titan drafts Sheryl Sandberg. One year later, Facebook is profitable! Zuck’s offense seems unbeatable. By 2012, he takes Facebook public! I haven’t seen a run-and-gun team like this since Doug Moe coached the Denver Nuggets. By 2015, Facebook logs 1 billion active users. 17. Who is the person responsible to releasing imperfect products that you drink into the market and what company is she a founder of? 2 marks Kara Goldin. She’s the Founder and CEO of Hint 18. What is Mark Zuckerberg’s feelings about the willingness to hazard mistakes? 2 marks It creates this mode of running the company where what I do is I figure out what the high-level directions I think we should go in are, who the best people are to work on those things. 19. What is Mark Zuckerberg motivated by? 2 marks Mark Zuckerberg is motivated by making sure that we have the biggest impact on the world than by building a business, or making sure we don’t fail.
