![]() ![]() And you don’t know every single technical project, but you have a sense of what we care about and what people here think about and what the conversations are on a day-to-day basis. So that’s one thing that you all will be well-suited to do as ambassadors, if you choose to be, having spent time here, as I think you know the heart of this place at this point. And I think it’s tough to break down these perceptions and build trust until you get to a place where people know that you have their best interests at heart. Or we don’t care about certain issues because we’re biased to not care about them. So either we don’t care because we just care about making money because we’re a business. ![]() We’ve had the ability to focus on doing what we think are the right things over a multiyear period, instead of just having to be beholden to the quarter-to-quarter demands that a lot of public companies have to struggle with.īut I think some of the most devastating critique is not around substance in terms of what the companies do. And then throughout, we’ve just been able to focus on the right things over the long term, whether it was going through our IPO and focusing on building the right mobile products instead of just focusing on monetizing and putting ads in quickly. We wouldn’t even be here if I didn’t have control. I think, historically, it’s been very valuable … In 2006, when Yahoo wanted to buy our company, I probably would’ve been fired, and we would have sold the company. It’s a concentration within the company, concentration within a person. And within that, the fact that I have voting control of the company really does focus a lot of the attention on that, that concentration. MZ: I think a lot of the concerns are that people think that our company is very powerful. And we’re committed to doing that well, and part of doing that well is not just building the internal tools and showing up and saying, “Hey, we think we’ve solved this,” but addressing and meeting with all the regulators up front, hearing their concerns, hearing what they think we should be doing, making sure other folks in the consortium are handling this appropriately. We already focus a lot on real identity, across especially Facebook, so there’s even more that we need to do in order to have this kind of a product. There are a lot of requirements on knowing who your customers are. There’s a lot of important issues that need to be dealt with in preventing money laundering, preventing financing of terrorists and people who the different governments say you can’t do business with. Finance is a very heavily regulated space. here’s a product, your app got updated, now you can start buying Libras and sending them around.” We want to make sure. So not just show up and say, “Alright, here we’re launching this. But part of what we’re trying to do overall on these big projects now that touch very socially important aspects of society is have a more consultative approach. ![]()
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