Business: Growing Moment with Mark Zuckerberg
According to the office of the old
facebook
The offices of the old Facebook
were speckled with signs that read, "Move fast and break things." Now
he added that it was long before the spread of fake news on the platform before
revelations that Russians manipulated it to sow discord in America, before
evidence that it may have contributed to genocide in Myanmar, and before a data
scandal that left users wondering if they could trust the platform.
The
signs are long gone they are suggestive of a tech era now behind us.
I
could feel the shift during my last visit to Facebook. I've been inside
Facebook's offices many times, but going there to interview CEO Mark Zuckerberg in the immediate
wake of the Cambridge Analytica scandal, with the company in crisis, felt
different. The campus, in Menlo Park, has doubled in size since my visits years
ago. It's still decorated with bright graffiti and signage, but the feel of the
place was somber. There's a lot of work to do.
It's
a feeling pervasive in tech right now: An era of innovation at a turning point,
with the innovators facing the implications of what they created.
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As
he also prepares to testify before Congress, Zuckerberg has to deal with that new reality. He's not just a tech
CEO, but a world leader, overseeing a nation of two billion people that he
created. He has to reckon with the serious impact the company has on democracy
and the manipulation of user data and trust for political purposes, not to
mention a business model under fire.
And
until now, Zuckerberg has been protected by his own filter bubble of sorts.
He's a staple behind the scenes at Facebook and a respected leader in closed
door meetings there, but his public appearances are rare, often done in a
studio set up inside Facebook where he can address his users in a comfortable
environment and with help from a script. He may be 33, a billionaire many times
over and unquantifiably powerful, but he is still relatively young and
cloistered -- he has, after all, only ever had one job, and he started in it
when he was 19.
Zuckerberg
doesn't like doing TV interviews. He told me that weeks ago as we sat down in
the ice-cold conference room code named "the Aquarium" where he holds
meetings. Known for sweating at inopportune times, he wanted to talk in a place
where he was comfortable.
"There's
an element of accountability where I should be out there doing more interviews
as uncomfortable as it is for me to do a TV interview," he admitted to me.
"For what we're doing I should be out there and being asked hard questions
by journalists," he said, acknowledging that his leadership must extend
behind the closed doors of Facebook's Menlo Park campus.
Now
he'll have another chance to be asked hard questions -- not by journalists, but
by lawmakers who will likely challenge the company's underlying business model,
its inability to protect user data, and the weaponization of the platform for
political gain. Like the CEOs of banks, automakers and tobacco companies before
him -- as the CEO of a major, world-changing company -- Zuckerberg will answer
to Congress. And temperature control will be out of his hands.
This
is his moment, one that could have a significant impact on him and his company,
and it will not come easily to him.
A
source inside Facebook says Zuckerberg's game plan is to convince lawmakers
that the company is taking data privacy issues seriously and that it will be
more transparent from now on. That game plan is partly why the company has in
the last few weeks released an onslaught of updates regarding third party
access to the platform, transparency around user data, and changes to make
political advertising on Facebook more transparent.
When
pressed on how the CEO, who despite growing one of the world's most influential
company hasn't been outwards facing, will deal with the public format, the
source said: "There's a certain degree of theater, but I think we're
really focused on substance," adding "this is a leadership
moment."
But
as Zuckerberg steps outside his comfort zone, at least some of the focus will
be on the style with which he talks about that substance.
I
remember the last time I saw Zuckerberg in public at a similarly defining
moment. It was 2012, just after Facebook's IPO had made him the CEO of a public
company, and he was about to take the stage at the TechCrunch Disrupt
conference.
Some
people forget now that when Facebook first went public, the stock plummeted.
Investors were angry, and there was real skepticism about the company and its
value. Sitting in the front row, I caught a glimpse of Zuckerberg moments
before he stepped on stage. He was breathing deeply, lifting his shoulders like
he was pumping himself up for a ball game. In that moment, he wasn't Mark
Zuckerberg, 28-year old billionaire of the hottest social network out there and
subject of a major Hollywood movie. He seemed, instead, like a nervous guy
trying to will himself into this new role.
"I
started this when I was so young and inexperienced," Zuckerberg told me
during our interview. "I made technical errors and business errors. I
hired the wrong people. I trusted the wrong people. I've probably launched more
products that have failed than most people will in their lifetime."
Zuckerberg
told me he was optimistic. He'll tell Congress the company was too idealistic.
Idealism and optimism are good ingredients for a pitch deck, but when your
platform has power to shape the world, they are not enough.
As
users question whether Facebook will protect democracy, or harm it, whether it
will connect the world, or drive us further apart, they'll be looking at the
CEO. He has long been standing in the shadows behind the algorithms, but
they'll be watching to see whether he will grow into his current, more public
role, whether he demonstrates that he really understands the gravity of the
consequences his platform has had. And they'll be looking to see whether he'll
accept the fact that he is now a world leader who, to best rule the domain he
created, must display a better understanding of humanity -- an ingredient too
often lost behind the walls in Silicon Valley and on the engineers coding our
future.

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