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  • Jeff Clavier on Mark Zuckerberg's luxury

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Jeff Clavier on Mark Zuckerberg's luxury

Facebook likely the only private company that doesn't have to worry about revenue Startup executives at Web 2.0 companies typically are focused on goals like turning site traffic into revenue as quickly as possible. But not Mark Zuckerberg of Facebook.Based on comments he made to the Web 2.0 conference in San Francisco, Facebook is more focused on user growth than on generating revenue.That statement reveals just how unique the company's position is right now, says angel investor Jeff Clavier, who adds in this video interview that no other CEO could get away with making such a public pronouncement. Clavier, who tipped us to the huge drop in seed-stage valuations over the past month, calls Facebook a "clever company" that has shown "great execution" despite mistakes like the mishandled launch of its Beacon ad ... [ Read more ]

Vator TV | November 20, 2008Watch more videos from Vator TV

Tags:. .mishandled. .valuations. .clavier. .beacon. .pronouncement











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