Chapter
The Importance of Experimentation in Innovation
55:03 - 1:00:55 (05:52)
Facebook's co-founders, Reid Hoffman and Mark Zuckerberg, share their perspectives on the crucial role of experimentation in innovation and how it was implemented in Facebook's growth. They emphasize the need to be embarrassed by your first product release and to test and experiment to effectively innovate.
Clips
Mark Zuckerberg discusses Facebook's growth and balancing the hacker ethos of "move fast and break things" with the responsibility of avoiding massive scale mistakes through the new mantra, "move fast with stable infrastructure", which allows for mass experimentation on the platform.
55:03 - 57:50 (02:47)
Summary
Mark Zuckerberg discusses Facebook's growth and balancing the hacker ethos of "move fast and break things" with the responsibility of avoiding massive scale mistakes through the new mantra, "move fast with stable infrastructure", which allows for mass experimentation on the platform.
ChapterThe Importance of Experimentation in Innovation
Episode#248: The 10 Commandments of Startup Success with Reid Hoffman
PodcastThe Tim Ferriss Show
Facebook encourages experimentation and launching products to a smaller community in order to gather feedback and learn quickly.
57:51 - 1:00:55 (03:03)
Summary
Facebook encourages experimentation and launching products to a smaller community in order to gather feedback and learn quickly. Engineers are given the tools to test their ideas without going through layers of management, while still making quick decisions.