Facebook Management and Strategy Insights

The video explores Facebook's evolution, highlighting key decisions and challenges. It covers the Yahoo acquisition offer, the introduction of Newsfeed, privacy issues with Beacon, Sheryl Sandberg's influence, the launch of Platform, and the strategic acquisition of Instagram. These events shaped Facebook's growth and its approach to privacy and innovation.

What was a significant change in Facebook's platform that contributed to its dynamic nature?

• Introduction of static profiles

• Removal of user profiles

• Launch of the Newsfeed

• Introduction of paid subscriptions

What was the outcome of Yahoo's offer to buy Facebook in 2006?

• Facebook declined the offer

• Yahoo withdrew the offer

• The offer was never made

• Facebook accepted the offer

What was the main feature of Facebook's Newsfeed when it was first introduced?

• A platform for video streaming

• Real-time updates of friends' activities

• A marketplace for buying and selling

• A tool for professional networking

What was Facebook's first major privacy scandal related to?

• The launch of Facebook Beacon

• The acquisition of Instagram

• The IPO process

• The introduction of the Newsfeed

Who was brought in to help manage Facebook after the Beacon scandal?

• Steve Jobs

• Bill Gates

• Sheryl Sandberg

• Elon Musk

What was the purpose of the Facebook Platform launched in 2007?

• To enable third-party developers to build applications

• To launch a new social media app

• To allow users to create personal blogs

• To introduce a new advertising model

What was a major concern with the Facebook Platform?

• Limited application features

• High development costs

• Privacy issues with user data

• Lack of user engagement

Why did Facebook acquire Instagram?

• To diversify its portfolio

• To enter the e-commerce market

• To enhance its mobile strategy

• To eliminate competition

What was a significant challenge Facebook faced during its IPO?

• Lack of investor interest

• Technical issues with the stock exchange

• A significant drop in stock price

• Legal challenges from competitors

How did Facebook eventually recover from its initial IPO challenges?

• By reducing its workforce

• By acquiring more companies

• By focusing on mobile development

• By launching a new product