Mark Zuckerberg explained the difference between Facebook and Alphabet

    Mark Zuckerberg gave an interview to Fast Company and said that many companies cannot focus on one project: “There are different ways to do innovation. You can sow a lot of seeds, not trying to follow each of them, and find out what will grow. Facebook works differently. We are following our goals, delving into every task. ”


    Facebook is one of the most visited sites in the world. Every seventh person on Earth today will log into this social network - the number of daily users this year has exceeded one billion. Facebook itself currently does not have many projects. This is the social network Facebook, Messenger.- application for sending messages, WhatsApp, Instagram, Oculus VR. In total, the company employs twelve thousand people in the third quarter of 2015 - during this period, a thousand new employees joined Facebook.

    Results of Facebook in the 3rd quarter of 2015.

    At the same time, Alphabet has Google with its YouTube, Android, Search and a host of other products, as well as Nest, venture capital firm Google Ventures, Fiber and Google X lab. Google alone works sixty thousand people according to the third quarter of 2015.

    Alphabet Holding Structure

    According to Zuckerberg, on the other hand, a small number of projects is a risk to the company. If something from the Alphabet portfolio is closed, there will be plenty of other products. The unsuccessful Google Glass project did not particularly affect the company's financial results. For Facebook, every loss can be a big problem.

    Mark Zuckerberg's approach to business is worth it. On February 1, 2012, Facebook launched an initial public offeringthen the company was valued at one hundred and four billion dollars, and one share was worth thirty-eight US dollars. In September 2015, Facebook capitalization exceeded two hundred billion dollars. In October, the price of one share of the company overcame the mark of one hundred dollars. As of November 16, 2015, Facebook is worth one hundred and three dollars, and the company's capitalization exceeds two hundred and sixty billion dollars.

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