Chamath Palihapitiya - how we put Facebook on the path to 1 billion users

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  • Опубликовано: 8 янв 2013
  • Check out the full course for 50% off at www.udemy.com/growth-hackers-c.... This is part of a 10-hour course from the Growth Hackers Conference. The course includes this video and more from leaders at LinkedIn, Google, Twitter, LivingSocial, Dropbox, and more!

Комментарии • 285

  • @chrisconnor8086
    @chrisconnor8086 4 года назад +180

    "detached, egoless, focused on whats important, not living the hype, not trying to follow some lifestyle, but doing what you think is important, focusing on core value, ruthlessly prioritizing and getting people who believe in these things"

  • @abhijeetmandal3822
    @abhijeetmandal3822 3 года назад +19

    3 difficult and hard problems any consumer product has to deal with...
    1) How do you get people in the front door.
    2) How do you get them to an aha moment as quickly as possible and
    3) How do you deliver a core product value as often as possible.

  • @surimaribo24
    @surimaribo24 10 лет назад +227

    love the way this dude talks . straight forward no bs.

    • @YtCsBt
      @YtCsBt 3 года назад +6

      agsn can’t do all the work for you bud..

    • @airpoint9715
      @airpoint9715 3 года назад

      tldr: fuck all nothing

  • @DebbieWebbRocks
    @DebbieWebbRocks 9 лет назад +35

    The absence of context... the root of all misunderstanding.

  • @christopherarmstrong2710
    @christopherarmstrong2710 4 года назад +24

    Employee: "I got my MBA from Harvard."
    Chamath: "Get the fuck out of my office."

  • @jedgar6653
    @jedgar6653 5 лет назад +25

    If anyone is wondering, the guy from eBay he wanted to fire is/was Alex Schultz and he also has a great yc talk on growth

  • @christopherarmstrong2710
    @christopherarmstrong2710 4 года назад +11

    36:28 "We had a culture fortunately of experimenting and trying a ton of stuff. And we celebrated failure more than we really celebrated success."

  • @henripereira7253
    @henripereira7253 7 лет назад +30

    amazingly sharp minded individual with great advice..thank you

  • @Synchronicityco
    @Synchronicityco 10 лет назад +6

    Short and simple. It takes heart and drive with honesty. And you have to be smart....or have secret sauce.

  • @tdog3270
    @tdog3270 6 лет назад +128

    I wish you would show the slides that he's talking about.

    • @shreekantroad3834
      @shreekantroad3834 4 года назад +65

      www.slideshare.net/growthhackersconference/how-we-put-facebook-on-the-path-to-1-billion-users

    • @chops386
      @chops386 4 года назад +4

      Thanks dornish!

  • @kunksed
    @kunksed 3 года назад +9

    3:50 “I don’t use the Twitter”

  • @Kandy546
    @Kandy546 Месяц назад

    Your voice ! Your accent! Your dress sense! I can go on writing! Every thing is Just perfect! 🌞🌙⭐️

  • @Synchronicityco
    @Synchronicityco 10 лет назад +2

    Surprise! We built this core technology and company 20 years ago and our updated digital product and business plan hasn't changed all that much. We just had to have the tenacity and courage to wait for the window to open And by golly we were tapping at every window and door we could think of to see if it would open. We went up against others, even Nestle (who bought their way into the deal and NEVER serviced their promise, btw). Our path to success is practically unheard of! But that courage and dedication is finally starting to pay off.

  • @davidgabriel4455
    @davidgabriel4455 8 лет назад +16

    This video is incredible. Thank you for posting it.

  • @cottondai
    @cottondai 3 года назад +4

    amazing insight on not valuing the short term sucess, but focussing on long term success. Chamath is great.

  • @EntrepreneurBenerd
    @EntrepreneurBenerd 9 лет назад +82

    This guy is a genius of growth

    • @1RAGEACE
      @1RAGEACE 2 года назад

      It's because he knows that other people feel the same way about a product. Who tf is going to sit around for days waiting for a dopamine hit? People want it instantly, thus you have the massive success of Tiktok.
      It's that simple: "how do you make someone get an 'ahaa!' moment ASAP?" Literally the key to any business.

    • @joeysilva2603
      @joeysilva2603 Год назад

      He’s a genius in everything 😬

  • @mrbam8
    @mrbam8 4 года назад +38

    "and I own the Warriors.." lol

    • @Camelotskin
      @Camelotskin 4 года назад +12

      Minority stakeholder. He should have said part-owner. Joseph Lacob and Peter Guber own most of the Warriors.

    • @samjain6555
      @samjain6555 4 года назад +6

      @@Camelotskin Regardless of his Stake, he owns the warriors with combinations of other investors.

    • @Camelotskin
      @Camelotskin 4 года назад +13

      @@samjain6555 Still that is a misleading statement. All part-owners of a company say "Co-Own." The Golden State Warriors are enormously large to say you own them. Anyway I like him.

    • @philh1245
      @philh1245 4 года назад +8

      he owns like 0.0000000000000000000000000000000000000001% of the warrariors..but talks like he owns 100%, check wikipedia for the actual owners. hint: he's not on the list.

    • @jafrasar1
      @jafrasar1 4 года назад

      Just casually.. remarking.

  • @sayandsathish2159
    @sayandsathish2159 3 года назад +15

    20:15 "Five minutes Im on it"
    We all know how this turned out XD

  • @roghorpade
    @roghorpade 8 лет назад +11

    Are there any good videos on initial customer acquisition methods for start-ups ?

  • @jbochi
    @jbochi 9 лет назад +20

    Slides: www.slideshare.net/growthhackersconference/how-we-put-facebook-on-the-path-to-1-billion-users

  • @spitfirez89
    @spitfirez89 11 лет назад +3

    this guy is amazing.

  • @gt4748
    @gt4748 6 лет назад +1

    thank you

  • @imericwee1
    @imericwee1 3 года назад +4

    If you only need to remember one thing from this video 👇
    "Growth = Measure some shit, Try some shit, Test some more shit, Throw the stuff that doesn't work" It's (really) not that complicated!
    Questions to always keep in mind
    1) What is the thing that people are here to do?
    2) What is the aha moment that they want?
    3) Why can I not give that to them as fast as possible?

  • @8020drummer
    @8020drummer 9 лет назад +2

    YES

  • @pakalolo2936
    @pakalolo2936 4 года назад

    Chamath. We're about the same age. I understand everything you are lecturing. With respect. I'm poor and living a good Rich ways. But I understand you.

  • @manchuratt8900
    @manchuratt8900 4 года назад +7

    13:56 Too true.

  • @kidequinox
    @kidequinox 11 лет назад +3

    good talk yo! peace.

  • @MaheshRavilal
    @MaheshRavilal 11 лет назад +11

    Proud of you Sri Lankan

  • @olivierporte
    @olivierporte 3 года назад +4

    This video was uploaded in Jan 2013, but does anyone know what date (even approximate) this talk was recorded? Thanks in advance!

  • @amitj28
    @amitj28 8 лет назад +5

    Are the slides available somewhere?

  • @pvasava2
    @pvasava2 2 года назад

    Thank you

  • @danchisholm1
    @danchisholm1 9 лет назад +3

    K Value: The letter K is for King, as in King got Kandy Krushed today in its earnings report because it was not able to deliver long term value on its one game that gave it an IPO.

  • @kyleschlicht4800
    @kyleschlicht4800 5 лет назад +24

    this dude is the GOAT at storytelling

  • @practiceguru_pro
    @practiceguru_pro 3 года назад +3

    Difficult to grasp such videos where spaker is using slides but slides are not visible. 🙄. Eg where he talks about K values. For first 2 min, you don't know what alphabet he is talking about.

  • @LKINTELLIGENCE
    @LKINTELLIGENCE 3 года назад +22

    *Unemotional and detachment towards work results, is one of the great teachings of Bhagavad Gita.*

    • @primal2k7
      @primal2k7 2 года назад

      Really? That's hard to imagine.

    • @dugglebay3483
      @dugglebay3483 2 года назад +1

      @@primal2k7 Not really. It basically means focus on what you can do, and if you know you did it well- it is not necessary to worry about the outcome or allow the outcome to affect your future results negatively

    • @dugglebay3483
      @dugglebay3483 2 года назад +1

      @@primal2k7 An analogy: the only thing you are entitled to is the skill you use to release the balloon, but once it leaves your hands-it’s completely not up to you-so why worry?

  • @AfroKultur
    @AfroKultur 8 лет назад +3

    Very insightful clip! Thanks chamath!

  • @dariofromthefuture3075
    @dariofromthefuture3075 2 года назад

    simply amazing

  • @leehant
    @leehant 4 года назад

    Measuring, testing, and trying things.

  • @lazar7415
    @lazar7415 4 года назад +1

    Straight up GOLD

    • @nickm4974
      @nickm4974 4 года назад

      You said it friend

  • @abhinavsirohi
    @abhinavsirohi 3 года назад

    Excellent video

  • @Investwithbrain000
    @Investwithbrain000 3 года назад +3

    How can I join the full course?

  • @gabrielha
    @gabrielha 8 месяцев назад +1

    In the arena 🙃

  • @rupertdlc
    @rupertdlc 8 лет назад +10

    What a "beautiful mind" Thank you for posting.

    • @victorvega7890
      @victorvega7890 7 лет назад

      ¿r

    • @therealb888
      @therealb888 6 лет назад +2

      These guys confessing on record must be tried in court and given a timespan to rectify their mistakes failing to do so, should be put in jail. Look at what the world has come to, if u exploit / trick someone for a $100, u'll be arrested. Here are these shameless rich buggers claiming on record that they exploited millions and they are celebrated!.
      If they do something substantial to mitigate and rectify their mistakes they can left free or even awarded, but if they fail they must be punished as they were responsible as they claim in the video for what social media has become today.
      But I do appreciate what seems to be a change in his ways. But I can't fully trust him without further scrutiny.

  • @YassineHarouchi
    @YassineHarouchi 3 года назад +19

    I believe it's one of the very first courses Udemy had put to gain traction. They nailed it by bringing Chamath.

    • @ShailPM
      @ShailPM 10 месяцев назад

      what do you mean by first Udemy course?

  • @pratheepch
    @pratheepch 11 лет назад +2

    Slides are on slideshare and lanyrd

  • @ailo14
    @ailo14 3 года назад

    It says course is no longer available on Udemy. Please advise where I can access the course. @

  • @MipsoSoup
    @MipsoSoup 3 года назад

    Simon sinek’s start with Why

  • @Synchronicityco
    @Synchronicityco 10 лет назад +1

    A must watch for all our guys.

  • @jvasquez3100
    @jvasquez3100 3 года назад +3

    I watch this twice a week

  • @swiperightmedia
    @swiperightmedia 3 года назад

    Is this course still available on Udemy?

  • @muneebahmed3993
    @muneebahmed3993 2 года назад +1

    The Udemy course is not accepting enrollments?

  • @nageshgorsera8569
    @nageshgorsera8569 Год назад

    that was so informative. can i get the lecture

  • @tubex1300
    @tubex1300 2 года назад

    the course is not available anymore where can i find other online then?

  • @shillingford1000
    @shillingford1000 4 года назад

    Brilliant

  • @georgeb8637
    @georgeb8637 2 года назад

    16:27 - discipline of Do you really know what you are building and why?
    16:31 - how to marry things that may not be intuitive to people - but deliver value?

  • @simpatinate
    @simpatinate 10 лет назад +1

    Very insightful!

  • @sf-spark129
    @sf-spark129 3 года назад

    this dude got his shit together for sure

  • @BenWeeks-ca
    @BenWeeks-ca 9 лет назад +13

    7:35 That mystery guy is Alex Schultz :)

    • @BenWeeks-ca
      @BenWeeks-ca 9 лет назад

      Ben Weeks 29:37 shout out to Alex in this talk if you don't believe me :)

    • @mikipku
      @mikipku 9 лет назад

      Ben Weeks really? so the relationship between chamath and alex is sucks?

    • @racheltan7405
      @racheltan7405 7 лет назад

      I was gonna ask that! Thanks for confirming LOL

  • @edwardmclaughlin7935
    @edwardmclaughlin7935 3 года назад +3

    Without fb I might never have viewed so many interesting photos of tuna-bake with side salad.

  • @1RAGEACE
    @1RAGEACE 2 года назад +1

    Maddd alpha info here

  • @Racingmix
    @Racingmix 8 лет назад +1

    13:55 #truth

  • @rubencano8233
    @rubencano8233 4 месяца назад

    6:18. Best part

  • @rubencano8233
    @rubencano8233 4 месяца назад

    10:19 things that scale but focus on this don't be notice yet

  • @birdsonlybirds8291
    @birdsonlybirds8291 4 года назад +3

    As a fan of Chamath, I must ask, was he that much more buff last time or is it just me?

    • @foxsports99
      @foxsports99 4 года назад +2

      Russell Chan Haha i was thinking the same too! Such a gun & visionary!

  • @seanellis1037
    @seanellis1037 7 лет назад +19

    Who cares whether Chamath is likable or not! He is one of the most important speakers that we've had at a GrowthHackers Conference because we can all learn a ton from this guy. I don't think anyone can claim there is a more impressive growth story than Facebook has had. He and Alex Schultz are the guys who led the charge to make it happen. I personally love the passion with which he makes his points. The only thing I've ever heard him say that I didn't violently agree with is that "Growth Hacking is BS." But that's just an opinion about a term...

    • @philipjoubert
      @philipjoubert 7 лет назад

      Couldn't agree more, Sean. He insights aren't packaged "nicely" but he is able to provide incredible clarity.

    • @racheltan7405
      @racheltan7405 7 лет назад

      Are you the real Sean Ellis? If so I get why you don't agree GH is BS...=)

    • @seanellis1037
      @seanellis1037 7 лет назад +2

      Rachel - I've thought about it and I'm starting to believe that growth hacking is BS... Not really :)

    • @JustinBrooke
      @JustinBrooke 7 лет назад

      Growth hacking is programmers thinking they invented "direct response marketing"

    • @seanellis1037
      @seanellis1037 7 лет назад +2

      Justin - Except that I coined the phrase and I'm a marketer. Growth hacking is about taking a direct response marketing approach and applying it to every step of the customer journey. Us marketers have never been trusted to do that in tech companies. It requires a coordinated effort across multiple disciplines.

  • @mateoalangasi7224
    @mateoalangasi7224 3 года назад

    Preque jaquiaste el canal de titanes

  • @MrTeslaX
    @MrTeslaX 10 месяцев назад

    Hi Gagan, you haven't posted in a while, are you still active?

  • @crowdoftheavatar4042
    @crowdoftheavatar4042 3 года назад +1

    audio please!

  • @Camelotskin
    @Camelotskin 4 года назад +33

    Chamath dresses so much better now. lol

    • @smulkstysgustas
      @smulkstysgustas 11 месяцев назад

      Back then this was a cool outfit

    • @giombi15
      @giombi15 9 месяцев назад

      Probably hired an image consultant

  • @leehant
    @leehant 4 года назад +1

    How to bring people to the door? How to get them to the "aha" moment? How to provide them with the core product value again, and again, and again.

  • @500Global
    @500Global 8 лет назад +3

    very interesting
    nice
    tell me more
    can you give more illustration?
    what should be the #1 take away from this vids?

  • @myPhDinAwesomeness
    @myPhDinAwesomeness Год назад

    what was the letteR?

  • @FGTA001
    @FGTA001 10 лет назад +2

    Anybody Know when he will be publicly speaking again in Northern Ca?

  • @nbultman_art
    @nbultman_art 4 года назад +3

    Facebook had 1.1 billion users in 2013

  • @gregcassar4584
    @gregcassar4584 3 года назад

    very smart, love it

  • @AtulAgrawal92
    @AtulAgrawal92 3 года назад

    slides?

  • @_baller
    @_baller 3 года назад +2

    Addiction models

  • @oraromaochi5584
    @oraromaochi5584 4 года назад

    Owns the Warriors... I’m lost

  • @TheBebelehaut
    @TheBebelehaut 10 лет назад +2

    Moved to silence... :)

  • @AliMoeeny
    @AliMoeeny 9 лет назад +6

    What is K?

    • @AnantJain
      @AnantJain 9 лет назад +11

      K is the virality factor. Read this: www.quora.com/What-is-the-definition-of-K-factor/answer/Jesse-Farmer

    • @AliMoeeny
      @AliMoeeny 9 лет назад +4

      Anant Jain thanks a lot.

    • @dbiswas
      @dbiswas 3 года назад

      I had the same question.... Thanks Anant Jain

  • @sbtopjosh4098
    @sbtopjosh4098 3 года назад +2

    As if he's the ONLY guy responsible for it

  • @Synchronicityco
    @Synchronicityco 10 лет назад +4

    Luck = preparedness + opportunity divided by timing.

  • @user-xl3fr1dm5w
    @user-xl3fr1dm5w 2 года назад

    21:08 the biggest key stone at Facebook at that time

  • @jayantdrummer
    @jayantdrummer 2 года назад

    Can anyone help me with what he is referring to by "K"? Is he talking about K-means clustering?

    • @nelsonwang2753
      @nelsonwang2753 2 года назад

      I think it’s more like a placeholder variable. It’s used a lot in math, ex. Let k =

    • @jayantdrummer
      @jayantdrummer 2 года назад

      @@nelsonwang2753 actually I figured it out later. He was talking about this - en.wikipedia.org/wiki/K-factor_(marketing)

  • @elansings
    @elansings 3 года назад

    Love you chamath 💕

  • @varunbharti397
    @varunbharti397 3 года назад

    @9:50

  • @sreecharannv
    @sreecharannv 3 года назад +4

    He’s so additive because he’s keeping it real ... without inhibitions ...

    • @kicksman234
      @kicksman234 24 дня назад

      Like the SPAC scams he led retail investors into. He got rich and every one got poor. Exactly the opposite of what he preached with 'social capital'.

  • @Dizkover
    @Dizkover 3 года назад +1

    I’m pretty sure this guy plays a LOT of poker. He mentioned it multiple times.

    • @kabirs2139
      @kabirs2139 3 года назад

      He played in the world poker championship look it up kinda crazy

    • @isplitlanes2145
      @isplitlanes2145 3 года назад

      Both these comments are interesting. I like poker but I love blackjack. The difference is there isnt necessarily an "edge" in poker since you can bluff and you "sell" yourself to a certain extent. Says a lot if you think into it

  • @Cc-louis
    @Cc-louis 3 года назад

    yolo

  • @kellyjensen9425
    @kellyjensen9425 3 года назад +5

    I feel like this happened with the RUclips algorithm. RUclips doesn’t update the algorithm with anecdotes and gut feeling, they test ideas and if the metrics increase they implement them. Problem is they didn’t realize they were optimizing a decision from years ago. The algo team was stuck in this feedback loop for their product thinking they had analyzed to such an extent no one would have the resources to compete. Then Tiktok comes along and disrupts the industry. Now my RUclips feed is flooded with 30 second clips as RUclips updates the algo to compete. It’s annoying as fuck but I’m glad TikTok came along to disrupt because RUclips’s algo was causing creators to appease the algorithm and it creates content that’s fucking similar and annoying. You have the algo team make updates and a million users creating trying to figure out what the algo wants. So is the algo team making something that the market actually wants or are they fooled due to creators doing a good job pumping the metrics. I think RUclips had a good idea, it took off, they optimize the algo thinking every increase or decrease in metrics is a direct result when there are actually a million variables why retention and viewership is actually changing. Then TikToc slips in and BAM, fucking algo collapse. Complexity on complexity of “why the fuck does our algo promote this shit again?”.

  • @cottondai
    @cottondai 3 года назад

    do things independent of short term feedback loop!!!

  • @bilgeturkkan6095
    @bilgeturkkan6095 3 года назад +6

    Am I the only one that was thinking that he was way smaller? He is actually a tall guy

  • @phil23H
    @phil23H 3 года назад +6

    Two years later the Golden State Warriors won an NBA final. This guy even knew how to grow a sports franchise.

  • @Shanegla
    @Shanegla 4 года назад

    Your PERSONALITY equals your. REALITY.
    Came up with that while I was watching this. Thought I would share

  • @rolfjohansen5376
    @rolfjohansen5376 3 года назад

    a goldmine

  • @soominlee7340
    @soominlee7340 5 лет назад +6

    He looks really tired compared to other videos lol

    • @richardryu1025
      @richardryu1025 4 года назад +7

      lol, in the beginning he said he was playing poker till late night. what a guy.

  • @329b8tvr603o42875v
    @329b8tvr603o42875v 11 лет назад +5

    This guy is the shit!!!

  • @Stephanie-nz8ig
    @Stephanie-nz8ig 5 лет назад +9

    warren buffet of our generation

  • @SnakesGaming2016
    @SnakesGaming2016 2 года назад +4

    as good as he is, i find him pretty insufferable and his ego seems off the charts. really takes away from his message, imo.

  • @kevincmiles-cn6un
    @kevincmiles-cn6un Год назад +2

    I'm one of the 7 billion non users. Always have been and always will be.🙂