Marketing in the Making

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Archive for the tag “Mark Zuckerberg””

What’s New Facebook?

I feel as though every time I sit down to write a post about a specific platform, it is always Facebook. I know I have written about others like Google Plus and Pinterest but, Facebook just keeps coming up in the news.

What is the latest you ask? Hmm… Let’s see… Facebook is now being traded on the NASDAQ, Mark Zuckerberg got married just days after Facebook went public, the new app called Airtime and of course the constantly changing privacy settings. Don’t worry, I will at least touch a little upon each of these.

As I was thinking about what to write for this post, I knew Facebook’s stock was almost a must but my only problem with that is I am not very knowledgeable about stocks. So, instead of trying to explain to you what is happening with Facebook’s, I will simply summarize so neither of us get confused. The starting price on day 1, May 18th was $38 and at close it was only $38.23. Since then the stock price has been less than amazing. Based on my research, investors are less than impressed but rather cautionary about their investment in Facebook. Because of this, Facebook is left with a lot of work to do to impress investors. Needless to say, I don’t see myself investing any money into Facebook anytime soon. Take a look at this article in The Economist to see what is happening and learn more.

Mark Zuckerberg apparently got married just one day after Facebook went public to Priscilla Chan… Personally, I would at least wait a week to get married after my multi-billion dollar company went public…but that’s just me. Really though, congratulations to the newlyweds!

Has anyone heard of this new app for Facebook that came out called Airtime? Well, it is similar to chat applications like Chatroulette and Omegle that connect you with other strangers using the application. The only difference here is that Airtime is through Facebook and the app connects people based on similar interests listed in your profile. Users can share videos with one another as well. You can also choose to be anonymous until you “add” each other and then you can determine additional privacy settings. I personally have not used this application yet, but a friend of mine has and seems to like it. She said she even spoke to one of the creators, Sean Parker…very cool! Please check it out and let me know what you think! I will try it too.

Facebook always seems to update their privacy settings, so I just feel that it is necessary to mention. A friendly reminder here to check your settings again to make sure you have all your bases covered.

As always, please make sure to comment! Maybe you could teach me about stocks and update us all about how Facebook is doing.


“The Social Network” Review

This past weekend was my fall break and I had the chance to see “The Social Network“.  In a previous post I had discussed what I thought it would be like, but now its time for my real review.

First off, I thought it was incredibly interesting.  There were some slow parts but certainly very interesting.  Jessie Eisenberg who plays Mark Zuckerberg did an excellent job acting.

What the film really made me think of though was how Facebook has evolved and what the story actually is.  How off from the truth was the movie?

Over the years, Facebook has certainly evolved.  It used to be only for college students from select universities, and now anybody can join.  In addition to the change in members, the format of the page has also gone through a make-over.

Facebook started with just the basics with a profile and soon evolved to have a wall, pictures, groups and pages.  Now, Facebook is used by everybody with the fastest growing age group being women ages 55-65 as determined by the blog Inside Facebook.  Facebook has certainly evolved; whether it is good or bad, you tell me.

When it comes to the story of the politics behind Facebook and Mark Zuckerberg, I wanted to find the truth.  The story with Eduardo Saverin does seem to line up pretty nicely according to Saverin’s Wikipedia page.  The biggest difference I found were the number which were off in the movie.  According to an article on ValleyWag, Saverin is still not credited as a co-founder of Facebook.

As for the lawsuits, owners of ConnectU have sued Zuckerberg for stealing their idea.  Zuckerberg did programming for ConnectU the fall before the start of Facebook in February 2004 and has been claimed to have stolen the idea.  The case has been settled once but since has resurfaced.

Overall, I thought the film positioned Zuckerberg in a bad light which was not fully necessary in my opinion.

What do you think about this whole mess?

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