Inside Facebook: the Facebook Book

the blog about the book

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Tell people about your Dream

Filed under: From the book.., great ideas to do, Inspiration — by Karel at 12:45 pm on Wednesday, November 22, 2006

Since Inside Facebook launched, I’ve been happily inundated with opportunities to comment on fledgling business ideas. I’ve repeatedly heard hopeful entrepreneurs say (and i’ve said it myself) don’t tell anyone who’d steal the idea, but what do you think?

I answer

1) If the idea is stealable and easily doable without your special passion, it’s probably not that valuable an idea. Guy Kawasaki goes deep on this one in The Art of the Start.
2) The idea is less important than the execution. If you execute very well, no one can catch you. Executing well requires a lot of help and outside participation. You actively prevent yourself from getting this help, if you are excessively secretive and don’t exude passion.
I have a dozen good ideas and able to execute on maybe two of them. And even then, my execution is great, because my focus is split. For example, I’m obviously passionate about my book, but I haven’t posted here in more than a week because I’m intensely pushing for an internal alpha release as CTO at mEgo.com.

So tell people about your ideas, to both get help and hone your own passion.

I’ll start! I want to build a site that helps entrepreneurs share their dreams with other entrepreneurs, and then achieve them within a supportive teamwork focused community. I’m collecting feature requirements, which I plan to post here for comment in a week or so. If you want to be involved, or get your ideas into the mix early, post a comment below, or email me privately to karel@fbbook.com. I’m eager to share this opportunity with serious and talented partners.

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Karel is on blogtalkradio tonight, 1on1 with the CEO

Filed under: Reviews of the book, About the book — by Karel at 10:06 am on Thursday, November 9, 2006

It’s my first “radio interview”, and I’ve love for you to call in.  I’ll be talking with Alan, about internet entrepreneurs, social networks and Inside Facebook.

http://www.blogtalkradio.com/hostpage.aspx?show_id=3923

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Zuckerberg = Sugar Mountain

Filed under: About Facebook — by Karel at 4:18 pm on Wednesday, November 1, 2006

Die Welt gave Inside Facebook extremely detailed coverage recently. That’s Die Welt, “The World”, a leading German news publication.  Since I’ll be going to Germany in December, that’s especially interesting to me and my tax accounting software.

My Dad, who speaks fluent German, tells me that they are not dissing me.  But I wanted to check, so I did a babelfish translation.  I learned that translation software still leaves much to be desired, and!

Zuckerberg means “sugar mountain” in German.
So, he’s nobody’s sugar daddy, but his name, that’s sweet.

Danke Herr Adam.

“Meeting place: the restaurant “Nan ‘ n Curry” the close UC Berkeley university in San Francisco. There the 33-jaehrige Baloun waits for Facebook boss Mark sugar mountain. That is straight once 20 years young and has a visiting card with the print “I is the CEO Schlampe”. The two are pleasant itself. Sugar mountain, of Baloun only twitch mentioned and told by the Facebook vision.”

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Share What?

Filed under: About Facebook — by Karel at 7:54 am on Wednesday, November 1, 2006

Facebook last week gradually released a major new sharing feature, which the company explains here , and is touted by observers as a significant begining. Chris Hughes, one of the original founders, returned as spokeman to announce the release on the company blog on Friday.

“My Shares” wins prominent billing on the left panel, right under photos which leads to the biggest photo sharing site on the net. But it pales in comparison. When My Photos appeared a year ago, it was feature complete relative to other photo sharing sites. This bookmarking feature either lacks important features, or could be called spartan like the rest of the site. It lacks the ability to save privately, file into categories, search with “shared” content, or follow the popularity of any piece of shared content. What are the Top 10 shared urls? Only The Facebook knows.

The best scenario for FB would be if major content companies, like the Wall Street Journal, New York Times and bloggers everywhere started offering the ‘F’, like “digg this” got digg.com going.  Obviously this would greatly expand FB’s brand and reach.
Facebook is all about “increasing the flow of information”, so this is to let you tell your friends about what is cool on the internet. And a post on Feed can be extremely powerful: a cleverly named group ” For Every 1,000 that join this group I will donate $1 for Darfur” grew to half a million members in just a few days, since everyone could see their friends joining it in almost real time on Feed. Feed makes it really easy to jump on a popular bandwagon, so if an item gets shared around widely, it can capture everyone’s attention, exactly like getting to the top of digg can take down your servers.

Yet for me, Feed is getting extremely cluttered and I can’t praise its relevance, though I bet the mammoth effort to raise this has raised Red Bull’s net earnings by a cent a share. I like Feed, and love the idea of it. But, I find irrelevant messages about people I hardly know adding friends I certainly don’t know, extracts of blog notes that couldn’t interest even 10% of readers (since blog import makes posts so.. natural) and even advertising. So now I’ll see cute kitten (or stripper) photos and the newest you-won’t-believe-this youtube video. I’m not sure I’ll really learn more about my friends, or what is really important to them. It’s much harder to blog about big important ideas, like my purpose in life, than it is to share something you find. If one of my Real friends really did write such an awesome note, I’d probably miss it.

One objective measure of Feed’s relevance is whether people use it to look at more of their friend’s content than before. Traffic numbers are in dispute, but dispite the launch of a new freshmen class and tens of thoursands of non-school networks and a spate of new features including Election coverage , Facebook’s traffic is probably growing moderately at 5-10% a month. So at least so far, people probably haven’t found huge amounts of useful content in Feed, Durfur groups exepted.

Facebook suggests I only friend people who are really my friends, and makes it fairly transparent to remove someone from my friends, but that hasn’t made unfriending someone especially .. nice. I suppose someday people will learn that I’ve seen enough cute kittens, or I can find them myself on google. But hey, check out this inspirational video.

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Inside Facebook Reader Guide - 2: Skip the Crap

Filed under: About the book, Inspiration — by Karel at 9:49 am on Tuesday, October 31, 2006

Frankly, I write a lot of crap. Even when I am at my best. Almost never is every paragraph was important to me. Every reader, including you, needs something different from me in this book, so every piece can’t apply to everyone. So, don’t waste your time, and skip the crap. And forgive me, for sometimes writing for someone other than you. Did you skip this paragraph? Good. Don’t skip the next one.

There is an essential inverse to this rule. Attend carefully to the Gems. I’ve been told there are some in here, but more to the point, they are in many of the pages you read elsewhere. When you notice something that speaks to you, grab it, and integrate it into your life. Don’t just keep it. Use it.

I’m building a list of powerful quotations for myself, so that I have them near me when I need them. Then I review it when I feel I’m missing something in my morning meditation.

For instance, “An eye for an eye makes everyone blind” from Gandhi, is ever presently useful. But do I remember it when I’m annoyed? “I can do anything” is a great mantra, but how do I pull it to the front of my mind, say when I’ve just really, really messed something up.

From Inside Facebook Or any other source, comment with your favorite inspirational quotations.

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Are you a Genius?

Filed under: About the book, Inspiration — by Karel at 7:13 pm on Sunday, October 29, 2006

Karel, … I see a big contradiction … On one hand you describe how Facebook is full of geniuses and people with superhuman abilities and you … conclude in several places, that it’s not that hard to build a social networking site …
Dear reader,
Thank you for that observation. You’ve picked out perhaps the most important theme in the book: what the facebook team achieved was amazing, and everyone showed their true genius as they did their part - AND, we can all do that.
I’m really not saying that lightly. I firmly believe that we all have unique gifts, and if we actively nurture them and ride them as far as they will take us, we can act like geniuses in what we are doing. Sometimes to billion dollar heights. Zuck is amazing, yet he is no different from many other people i’ve met. Anyone really doing their best, living at their peak, is Amazing.

No contradiction. We are all geniuses, once we find our unique talents and mission. Then the universe conspires towards our success.

Some amazing results are not financial, so I wrote the section on what is success. Mother Teresa or Gandhi didn’t have any unique ability that we don’t all share - yet they polished simple human qualities until they .. became amazing.
I don’t have all the answers on how to build a business, and they wouldn’t fit into one book. I’ve presented my unique contribution - the story of how one successful company did it. And I’m delighted my small piece has inspired and educated some readers, coming up on a thousand, who were already at a place in their journey where it was right for them.

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The Valuation Guessing Game

Filed under: About the book, About Facebook — by Karel at 1:00 am on Saturday, October 28, 2006

On Mashable tonight, I discuss the possibilities of Yahoo or other buying Facebook.

http://mashable.com/2006/10/27/why-zuckerberg-wont-accept-just-1-billion-from-yahoo/

From Inside Facebook, pg 61:

“In general, social network websites have tremendous latent value, for two reasons. Both reasons are amazing, because all of the value is provided by the community, not by the site, or by anything the social network site does. First, within a social network, users want to demonstrate their status and value, and they will pay money for “pro” badges (flickr) or for virtual flowers (hotornot) or for other virtual digital goods. These, being completely virtual and unreal, have no tangible value whatsoever, but they accrue value from how they are used and viewed within the social network. Second, the members of a social network have a lot of knowledge and skills, which are inherently useful to others in the network and to outsiders willing to pay money for them. “

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Inside Facebook Reader Guide - 1: Share your Ideas.

Filed under: About the book — by Karel at 6:08 pm on Friday, October 27, 2006

Almost a thousand people have read Inside Facebook, and you were drawn to it for similar reasons. Google analytics amazes me, showing you really are all over the world. Yet you share the some of the same interests, similar ambitions. You could all even find each other on Facebook, if you wanted to.

A key purpose of this book is to bring you together, so that you can work together to succeed. How? Well, the perfect tools for that don’t exactly exist yet. I’m working on some with my startups, and perhaps some of you are also. For now, I have a FB global group for you. Please join it.

I want you to talk to each other about your goals, ambitions and ideas. If nothing else, we talk about the tools we need, to make our collaboration on improving the world work. But that is too fuzzy to be practical, so in the book I sprinkled specific links back to this site, on these BIG topics:

What do you commit to do?

What is success on the web? How will you get it?

What should facebook do, better or different? (if they won’t, there’s on niche)

What are great internet ideas to improve the world? (no one will steal it if you run hard, and you can’t do it by yourself)

What is your facebook story?

Please use the easy interface to post and comment on any of these topics. I hope you all meet together here in a high energy environment, and take the talk away to whereever with each other.

Most people have valuable ideas, and noble dreams. But 80% just think or dream, and most of the other 20% don’t get help, don’t persist. Are you part of the powerful minority who will follow your dream? Don’t leave it to the people in power now, who don’t seem to have what it takes to fix problems faster than they arise. Tell yourselves, here out loud, what your part is in making it better. Even better, tell what you’ll do this week to figure out what your part is.

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Mmmm, it’s crunchy.

Filed under: Reviews of the book, About the book — by Karel at 4:48 pm on Wednesday, October 25, 2006

Independent, local, close to the ground media publications are able to look in new directions, unlikely sources. Michael and Techcrunch get so many scoops because they listen and take the time to look. I’m delighted that when they looked, they liked. Hope you all enjoy it too!

Comment below and let me know what you like, and what could be better.

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Mark Zuckerberg, Facebook founder, was held up at gunpoint last year.

Filed under: From the book.., About the book — by Karel at 9:20 pm on Monday, October 16, 2006

“The very evening Zuck closed the initial funding round […] as he was going to some fast food joint in East Palo Alto, he was held up at gun point. The most exhilarating and terrifying moments in his life happened within hours of each other.” More important details of startup life, the social networking industry are in the blog & sample pages.

read more | digg story

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