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by bisRepetita
1268 days ago
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Even back then, you did not have to grow as fast as VC made you think. It was a choice by Zuck to grow fast and take a lot of investment, he did not have to grow that fast. This is Zuck's interview in 2005 in Stanford:
>So, I mean when you’re 16 running a site and your core people are the kitchen table, your operating expenses are relatively low. >[...] we just kept our operating expenses low so far and by doing that we’ve been able to stay cash flow positive for basically the entire system’s company >[...] we decided that it was ok to go a few months in cash flow negative while [...] like you know, using like $100,000, not like millions. So, um and then but, now were back. We do a lot of page views. See page 26:
https://www.fbcoverup.com/docs/cyberhijack/2005-10-26-Zucker... |
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