Roger McNamee speaks with Business Insider tech Reporter Kif Leswing on how Mark Zuckerberg has changed since their first meeting in 2006.
So 2006, I got an email from a guy named Chris Kelly. He was the Chief Privacy Officer at Facebook. He says,"My boss has a huge business issue, and he doesn't know how to solve it, and he needs to talk to somebody who's been around a long time but has no conflicts. Would you take a meeting?"
It turns out the reason he was coming to see me was Yahoo had just offered a billion dollars for Facebook. I basically hypothesized precisely what was going on.22-year-old. He's CEO, the hottest thing in the Valley. What did the silence feel like? What were you thinking in that moment?So...
So when he relaxes and starts talking to me, he's paying me a huge compliment. And that part's really obvious. It was obvious that this was... His first reflex was not to blurt out what was going on, and I'm looking that as,"Wow, in an entrepreneur who's only 22, that's a really good sign.
So they basically said,"You know what, we're not gonna actually police this anymore. We'll let the people who use the product do the policing." And privacy starting in, what, 2009? They start trading data in a limited way, and they have the consent decree in 2011, and that clearly didn't slow them down at all.
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