13 January 2011

Assessing the Fate of the 'Facebook Way'

Good read from CNET News a few days ago...

"We didn't always want to admit it, but in 2010 the world accepted that Facebook--the company that introduced us all to such mundane pursuits as photo tagging, virtual farmsteads, and the voyeuristic tracking of the lives of people we only half-knew in high school--has changed the world.

Yet Facebook has also begun to pioneer something different: a corporate structure and philosophy intimately tied to the mind of its young CEO, Mark Zuckerberg, and the company's roots as a tiny cadre of coders in a college dorm. We'll call this "the Facebook Way." And in 2011 as Facebook continues to grow bigger (it kicked off the year with a $500 million investment from Goldman Sachs and Digital Sky Technologies, after all), we may get an answer to the question: Will the Facebook Way continue to work? Will this turn out to be one of the great business philosophies that other companies emulate, or will it prove to be a consequence of a still-young company's own naivete?"

Read the Full Article Here - CNET News
(via CNET News)

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