A tremendously insightful analysis by a young entrepreneur. Since the secret of success is, as Edison said, more perspiration than inspiration, more luck than talent, maybe the Facebook founder has a little of both?

We compete with different companies in different ways. One of the things I try to do as CEO of this company is not make mistakes that other companies make — I make different ones, he jokes. The world is changing so quickly now that I think the biggest competitor for us is someone we haven’t heard of. So we just need to stay focused on doing what we do and doing at well… I think people look to us a the leader in this space. And I think there’s a widely held belief that we’re much closer to the beginning of the space than the end … it would be easy for us to just keep things as they are, but we don’t believe that if we did that we’d be doing the best thing for us or the industry. So we do what we think are the best things even if they are controversial.

Posted via web from glenn’s posterous

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