Mark Zuckerberg Makes 1st Post-IPO Appearance At Techcrunch ‘Disrupt’ 2012, Say’s HTML5 Facebook’s Biggest Mistake:
Everyone has been anxiously awaiting the first appearance of Mark Zuckerberg post-IPO. The moment has finally arrived. Mark Zuckerberg made his first appearance since the Facebook initial public offering at the Techcrunch “Disrupt” Conference 2012 in San Francisco. Zuckerberg appeared in a gray t-shirt as opposed to the usual hoodie and sported jeans and sneakers.
Contrary to popular belief, Zuckerberg didn’t think the IPO was the biggest mistake the company has made and spoke more about technology. Zuckerberg isn’t the head of finance and may have had less to do with the company’s widely perceived ‘botched IPO’. He is however, the CEO of the company and he does have to be cognizant of how finance will impact the company’s future.
Instead of calling the IPO a big mistake, Zuckerberg focused on HTML5 implementation at Facebook as the big do-over wish. Zuckerberg stated. “We never would have gotten the quality we wanted,” “We know it’s not as good as we want, but we believe it’s using the same methodology as a company ….we believe we can improve on it as a company.”
Rather than sticking to a technology that wouldn’t suffice for Facebook’s needs, the company will be moving toward native apps.
Zuckerberg ended the interview stating he is still having fun and Facebook should not be underestimated. When asked by TechCrunch founder Michael Arrington about enjoying running Facebook he stated, “For me, it is not really about fun — it is about mission.” “I would rather be in the cycle where people underestimate us.“