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Tuesday, November 15, 2011

IMPORTANT START-UP ADVICE FROM FACEBOOK CEO





Beginning a start-up is no easy task. Don’t find yourself reinventing the wheel. Take advice from those on top. Mark Zuckerberg, Facebook CEO, shares some thoughts on getting into the business. Get his tips here!
INC reports…
Think you need to be in Silicon Valley to get your company off the ground? Mark Zuckerberg suggests it depends on how green you are.
“If I were starting now, I’d do it very differently—but I knew nothing back then,” he said in aninterview at Y Combinator’s Startup School. “You get this feeling when you’re out here that you kind of have to be in Silicon Valley. There’s all these great engineers out here, there’s great universities, there’s a lot of great VCs, you can get people to help you set up a company well… you can rent data center space—all this stuff.”
He added: “It’s not the only place to be, I think…Honestly, if I were starting now, I just would have stayed in Boston.”
At the same time, Zuckerberg, now 27, acknowledged that Facebook would not be what it is today if he had not moved West.
“I knew nothing, so I had to be out here. Facebook would not have worked had I stayed in Boston,” he said. “If you’re a beginner and you don’t know anything about this stuff, it’s actually an excellent place to be because a lot of the stuff that you wouldn’t understand how to do on your own, like I didn’t, I could just get help from a lot of other people.”
Some other thoughts from Zuckerberg:
On selling a company: “If you go through some big corporate change, it’s just not going to be the same,” he said, referring to the rejected Yahoo bid in 2006. “If we sold to Yahoo, they would have done something different, if you want to continue your vision of the company, then don’t sell because there’s inevitably going to be some change.”
Get the entire interview at INC!

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