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

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  • čas přidán 8. 01. 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!

Komentáře • 285

  • @chrisconnor8086
    @chrisconnor8086 Před 4 lety +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 Před 3 lety +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.

  • @christopherarmstrong2710
    @christopherarmstrong2710 Před 4 lety +24

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

  • @surimaribo24
    @surimaribo24 Před 10 lety +227

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

    • @YtCsBt
      @YtCsBt Před 3 lety +6

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

    • @airpoint9715
      @airpoint9715 Před 3 lety

      tldr: fuck all nothing

  • @jedgar6653
    @jedgar6653 Před 5 lety +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

  • @DebbieWebbRocks
    @DebbieWebbRocks Před 9 lety +35

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

  • @Synchronicityco
    @Synchronicityco Před 10 lety +6

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

  • @henripereira7253
    @henripereira7253 Před 7 lety +30

    amazingly sharp minded individual with great advice..thank you

  • @christopherarmstrong2710
    @christopherarmstrong2710 Před 4 lety +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."

  • @cottondai
    @cottondai Před 3 lety +4

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

  • @Synchronicityco
    @Synchronicityco Před 10 lety +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 Před 8 lety +16

    This video is incredible. Thank you for posting it.

  • @Kandy546
    @Kandy546 Před 25 dny

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

  • @pakalolo2936
    @pakalolo2936 Před 4 lety

    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.

  • @kunksed
    @kunksed Před 3 lety +9

    3:50 “I don’t use the Twitter”

  • @spitfirez89
    @spitfirez89 Před 11 lety +3

    this guy is amazing.

  • @manchuratt8900
    @manchuratt8900 Před 4 lety +7

    13:56 Too true.

  • @roghorpade
    @roghorpade Před 8 lety +11

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

  • @kidequinox
    @kidequinox Před 11 lety +3

    good talk yo! peace.

  • @AfroKultur
    @AfroKultur Před 8 lety +3

    Very insightful clip! Thanks chamath!

  • @EntrepreneurBenerd
    @EntrepreneurBenerd Před 9 lety +82

    This guy is a genius of growth

    • @1RAGEACE
      @1RAGEACE Před 2 lety

      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 Před rokem

      He’s a genius in everything 😬

  • @gt4748
    @gt4748 Před 6 lety +1

    thank you

  • @dariofromthefuture3075

    simply amazing

  • @danchisholm1
    @danchisholm1 Před 9 lety +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.

  • @georgeb8637
    @georgeb8637 Před 2 lety

    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?

  • @abhinavsirohi
    @abhinavsirohi Před 3 lety

    Excellent video

  • @imericwee1
    @imericwee1 Před 3 lety +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?

  • @LKINTELLIGENCE
    @LKINTELLIGENCE Před 3 lety +22

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

    • @primal2k7
      @primal2k7 Před 2 lety

      Really? That's hard to imagine.

    • @dugglebay3483
      @dugglebay3483 Před 2 lety +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 Před 2 lety +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?

  • @leehant
    @leehant Před 4 lety

    Measuring, testing, and trying things.

  • @rupertdlc
    @rupertdlc Před 8 lety +10

    What a "beautiful mind" Thank you for posting.

    • @victorvega7890
      @victorvega7890 Před 7 lety

      ¿r

    • @therealb888
      @therealb888 Před 6 lety +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.

  • @pvasava2
    @pvasava2 Před 2 lety

    Thank you

  • @8020drummer
    @8020drummer Před 9 lety +2

    YES

  • @tdog3270
    @tdog3270 Před 6 lety +128

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

    • @shreekantroad3834
      @shreekantroad3834 Před 4 lety +65

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

    • @chops386
      @chops386 Před 4 lety +4

      Thanks dornish!

  • @lazar7415
    @lazar7415 Před 4 lety +1

    Straight up GOLD

  • @kyleschlicht4800
    @kyleschlicht4800 Před 5 lety +24

    this dude is the GOAT at storytelling

  • @YassineHarouchi
    @YassineHarouchi Před 3 lety +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 Před 10 měsíci

      what do you mean by first Udemy course?

  • @sayandsathish2159
    @sayandsathish2159 Před 3 lety +15

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

  • @amitj28
    @amitj28 Před 8 lety +5

    Are the slides available somewhere?

  • @mrbam8
    @mrbam8 Před 4 lety +38

    "and I own the Warriors.." lol

    • @Camelotskin
      @Camelotskin Před 4 lety +12

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

    • @samjain6555
      @samjain6555 Před 4 lety +6

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

    • @Camelotskin
      @Camelotskin Před 4 lety +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 Před 4 lety +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 Před 4 lety

      Just casually.. remarking.

  • @shillingford1000
    @shillingford1000 Před 4 lety

    Brilliant

  • @olivierporte
    @olivierporte Před 3 lety +4

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

  • @alexsun61
    @alexsun61 Před 3 lety

    Simon sinek’s start with Why

  • @Synchronicityco
    @Synchronicityco Před 10 lety +1

    A must watch for all our guys.

  • @MaheshRavilal
    @MaheshRavilal Před 11 lety +11

    Proud of you Sri Lankan

  • @nageshgorsera8569
    @nageshgorsera8569 Před rokem

    that was so informative. can i get the lecture

  • @simpatinate
    @simpatinate Před 10 lety +1

    Very insightful!

  • @Racingmix
    @Racingmix Před 8 lety +1

    13:55 #truth

  • @jbochi
    @jbochi Před 9 lety +20

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

  • @Investwithbrain000
    @Investwithbrain000 Před 3 lety +3

    How can I join the full course?

  • @ailo14
    @ailo14 Před 3 lety

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

  • @1RAGEACE
    @1RAGEACE Před 2 lety +1

    Maddd alpha info here

  • @jvasquez3100
    @jvasquez3100 Před 3 lety +3

    I watch this twice a week

  • @muneebahmed3993
    @muneebahmed3993 Před 2 lety +1

    The Udemy course is not accepting enrollments?

  • @pratheepch
    @pratheepch Před 11 lety +2

    Slides are on slideshare and lanyrd

  • @sf-spark129
    @sf-spark129 Před 3 lety

    this dude got his shit together for sure

  • @tubex1300
    @tubex1300 Před 2 lety

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

  • @swiperightmedia
    @swiperightmedia Před 3 lety

    Is this course still available on Udemy?

  • @BenWeeks-ca
    @BenWeeks-ca Před 9 lety +13

    7:35 That mystery guy is Alex Schultz :)

    • @BenWeeks-ca
      @BenWeeks-ca Před 9 lety

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

    • @mikipku
      @mikipku Před 9 lety

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

    • @racheltan7405
      @racheltan7405 Před 7 lety

      I was gonna ask that! Thanks for confirming LOL

  • @rubencano8233
    @rubencano8233 Před 4 měsíci

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

  • @gabrielha
    @gabrielha Před 8 měsíci +1

    In the arena 🙃

  • @seanellis1037
    @seanellis1037 Před 7 lety +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 Před 7 lety

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

    • @racheltan7405
      @racheltan7405 Před 7 lety

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

    • @seanellis1037
      @seanellis1037 Před 7 lety +2

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

    • @JustinBrooke
      @JustinBrooke Před 7 lety

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

    • @seanellis1037
      @seanellis1037 Před 7 lety +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.

  • @rubencano8233
    @rubencano8233 Před 4 měsíci

    6:18. Best part

  • @birdsonlybirds8291
    @birdsonlybirds8291 Před 4 lety +3

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

    • @foxsports99
      @foxsports99 Před 4 lety +2

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

  • @edwardmclaughlin7935
    @edwardmclaughlin7935 Před 3 lety +3

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

  • @mateoalangasi7224
    @mateoalangasi7224 Před 3 lety

    Preque jaquiaste el canal de titanes

  • @MrTeslaX
    @MrTeslaX Před 10 měsíci

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

  • @gregcassar4584
    @gregcassar4584 Před 3 lety

    very smart, love it

  • @leehant
    @leehant Před 4 lety +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.

  • @practiceguru_pro
    @practiceguru_pro Před 3 lety +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.

  • @oraromaochi5584
    @oraromaochi5584 Před 4 lety

    Owns the Warriors... I’m lost

  • @Synchronicityco
    @Synchronicityco Před 10 lety +4

    Luck = preparedness + opportunity divided by timing.

  • @Camelotskin
    @Camelotskin Před 4 lety +33

    Chamath dresses so much better now. lol

    • @smulkstysgustas
      @smulkstysgustas Před 11 měsíci

      Back then this was a cool outfit

    • @giombi15
      @giombi15 Před 9 měsíci

      Probably hired an image consultant

  • @user-xl3fr1dm5w
    @user-xl3fr1dm5w Před 2 lety

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

  • @TheBebelehaut
    @TheBebelehaut Před 10 lety +2

    Moved to silence... :)

  • @crowdoftheavatar4042
    @crowdoftheavatar4042 Před 3 lety +1

    audio please!

  • @_baller
    @_baller Před 3 lety +2

    Addiction models

  • @sbtopjosh4098
    @sbtopjosh4098 Před 3 lety +2

    As if he's the ONLY guy responsible for it

  • @Dizkover
    @Dizkover Před 3 lety +1

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

    • @kabirs2139
      @kabirs2139 Před 3 lety

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

    • @isplitlanes2145
      @isplitlanes2145 Před 3 lety

      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

  • @sreecharannv
    @sreecharannv Před 3 lety +4

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

    • @kicksman234
      @kicksman234 Před 17 dny

      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'.

  • @500Global
    @500Global Před 8 lety +3

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

  • @FGTA001
    @FGTA001 Před 10 lety +2

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

  • @elansings
    @elansings Před 3 lety

    Love you chamath 💕

  • @AliMoeeny
    @AliMoeeny Před 9 lety +6

    What is K?

    • @AnantJain
      @AnantJain Před 9 lety +11

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

    • @AliMoeeny
      @AliMoeeny Před 9 lety +4

      Anant Jain thanks a lot.

    • @dbiswas
      @dbiswas Před 3 lety

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

  • @myPhDinAwesomeness
    @myPhDinAwesomeness Před rokem

    what was the letteR?

  • @nbultman_art
    @nbultman_art Před 4 lety +3

    Facebook had 1.1 billion users in 2013

  • @Cc-louis
    @Cc-louis Před 3 lety

    yolo

  • @cottondai
    @cottondai Před 3 lety

    do things independent of short term feedback loop!!!

  • @varunbharti397
    @varunbharti397 Před 3 lety

    @9:50

  • @329b8tvr603o42875v
    @329b8tvr603o42875v Před 10 lety +5

    This guy is the shit!!!

  • @kellyjensen9425
    @kellyjensen9425 Před 3 lety +5

    I feel like this happened with the CZcams algorithm. CZcams 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 CZcams feed is flooded with 30 second clips as CZcams updates the algo to compete. It’s annoying as fuck but I’m glad TikTok came along to disrupt because CZcams’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 CZcams 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?”.

  • @jayantdrummer
    @jayantdrummer Před 2 lety

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

    • @nelsonwang2753
      @nelsonwang2753 Před 2 lety

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

    • @jayantdrummer
      @jayantdrummer Před 2 lety

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

  • @AtulAgrawal92
    @AtulAgrawal92 Před 3 lety

    slides?

  • @phil23H
    @phil23H Před 3 lety +6

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

  • @rolfjohansen5376
    @rolfjohansen5376 Před 3 lety

    a goldmine

  • @bilgeturkkan6095
    @bilgeturkkan6095 Před 3 lety +6

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

  • @Shanegla
    @Shanegla Před 4 lety

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

  • @TheTechPapi
    @TheTechPapi Před 3 lety +1

    7 friends in 10 days

  • @kevincmiles-cn6un
    @kevincmiles-cn6un Před rokem +2

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

  • @soominlee7340
    @soominlee7340 Před 5 lety +6

    He looks really tired compared to other videos lol

    • @richardryu1025
      @richardryu1025 Před 4 lety +7

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

  • @SnakesGaming2016
    @SnakesGaming2016 Před 2 lety +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.