Facebook CEO Mark Zuckerberg: I wouldn't start a new company in Silicon Valley today - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Facebook CEO Mark Zuckerberg: I wouldn't start a new company in Silicon Valley today

Facebook CEO Mark Zuckerberg says that if he were launching a new company, he wouldn't do it in the San Francisco Bay Area.

Now, Zuckerberg says that social media makes it easier for startups anywhere to find their audience, and it's easy to get the servers you need to power a new app via cloud platforms like Amazon Web Services. "I like the Bay Area, so I'm not super negative on it, but I do think on balance if I was starting from scratch now, I would not pick the Bay Area," Zuckerberg said.

Now, though, he said, social media makes it easier for a new company to find their customers, and adding new servers to power a new app or website is just a matter of renting capacity from the Amazon Web Services cloud platform.He says that it was difficult for Facebook to get the servers and data centers it needed to establish itself, let alone find the necessary venture capital amid the downturn in the tech sector following the dot-com bust.

Furthermore, he said that it's not only easier to go outside Silicon Valley, but that there are now upsides to doing so.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SteveCase It’d too long to form conncections with the Russians and conservatives to spread disinformation

How about tomorrow?

Mark is extremely wealthy but has no taste. He has a $2 haircut and sucks Donald’s weapon of terror... or weapon of laughter which ever the case may be.

...good?

Good. You’ve done enough damage. Zuckerberg

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Experts give new IBM CEO the thumbs up: Big Blue needs 'a heavyweight' - Business InsiderExperts give IBM's new CEO the thumbs up: He could be the 'heavyweight' the company needs to really compete with Amazon and Microsoft Protect my pension, Big Blue.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft CEO Satya Nadella on focusing on single products over others - Business InsiderCEO Satya Nadella says that no single Microsoft product is more important than the company's overall mission: 'There's no such thing as a canonical business'
Source: BusinessInsider - 🏆 729. / 51 Read more »