Zuckerburg's genius was in realizing that Facebook wasn't just a hobby, it could actually be a huge business.
Zuckerburg's genius was in realizing that Facebook wasn't just a hobby, it could actually be a huge business.
Zuck's genius is his execution ability and making a prime product combined withthe exclusivity of elite Universities. He was also on CNBC in 2004 so that combination of skill and Harvard created a grand opportunity.
Surely people thought easy social networks would be a big business -- MySpace and AOL proved that. Of course, no one could had reasonably predicted it'd be as big as it is.
At the time, real names were not commonly used online. That coupled with very real 'stalkability' of how FB was used at universities made it much stickier than others. Embedding a "relationship" function into the same software as your "class schedule" was bizarre - but apparently very effective social manipulation. Having in-class life so closely linked with social-life as well as daily preferences and even vacation pictures really embedded itself into a social nerve in a way any network designed with a more singular goal in mind really would not have.
There are people today who think my fake Facebook surname is actually my real surname. I'm considering changing my real surname to match my fake Facebook name.
For what it's worth, the Winkelvoss twins came up with exactly this business plan. Maybe his genius was to steal it.
The truth is, he executed the shit out of a scalable idea, and he had the vision to see it through many orders of magnitude growth. The idea that there was some master plan is just silly, his success, like most big companies was iterating over time and making a series of successful bets.
In the early days it was more MySpace-like, and the parts that weren't were very much like LiveJournal. The UI was much better though.
Without hindsight, nothing about facebook was novel. It had less to do with Zuckerberg's intellectual capacity and more to do with luck, capital and network effects.