Friday, October 8, 2010

Facebook Me



The Social Network is excellent.  It was produced and directed by the best, so not a huge surprise there.  Talk on Facebook clued me into some fun trivia—like the Winklevoss twins were played by one guy.  They CGI-ed his face onto another 6'5" actor.  I was wondering where the tall twin treats had been hiding.  There is also some debate on how accurate the story is and a few have complained it doesn’t showcase how Facebook changed our world.

I liked seeing the art of the deal.  Being the daughter and wife of, and working my entire career for, entrepreneurs, I have watched the whole game very closely.  The part of the story that speaks to me is about perspiration vs. inspiration.  If there is one message to garner, it is that much of life is about execution and timing.  You have to actually get off your ass and do something, now. 

Also, a tip:  READ and UNDERSTAND legal paperwork before signing anything.  If you don’t understand it, spend a few bucks and hire a lawyer who can explain it to you in simple English.  The only time an entrepreneur has any power is before the investors come in.  As shown to us in the movie, one of the founders started out with 30% interest in Facebook for his $1,000 seed money.  He could have parlayed that into 7.5 Billion if he didn't allow himself to be diluted out. 

Some people think Zuckerberg was back-stabbing and arrogant.  I disagree.  I think he is brilliant and operated with integrity.  The people who were “wronged” in the movie were presumptuous.  And total sellouts.  The kid started Facemash on his own before any of the other parties got involved with their ideas or investments.  Oh, and he made them Billionaires, by the way.  As a bonus, Eisenberg, the actor who portrays Mark in the movie, is totally adorable.  We all know I’m a sucker for smart, cute Jewish boys.

In the end, the person with the most chips is the one who gets busy and understands terms and conditions.  Having a good idea but not jumping on it or skipping your homework costs you, about 24 Billion for the twins and 7 Billion for Eduardo, if my math is correct.

If you want to see gorgeous Harvard, watch some creative dialogue and catch a glimpse of how tech entrepreneurs do it, this movie is for you. 

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