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	<title>AllThingsD &#187; Miguel Helft</title>
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		  <title>All Things Digital</title>
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		<title>Fortune Gives Facebook the Apple Treatment</title>
		<link>http://allthingsd.com/20120301/fortune-gives-facebook-the-apple-treatment/</link>
		<comments>http://allthingsd.com/20120301/fortune-gives-facebook-the-apple-treatment/#comments</comments>
		<pubDate>Thu, 01 Mar 2012 13:40:21 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Media]]></category>
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		<category><![CDATA[Social]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Brad Stone]]></category>
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		<category><![CDATA[e-book]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[iPad]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[Jessi Hempel]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Miguel Helft]]></category>
		<category><![CDATA[Steve Jobs]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=179641</guid>
		<description><![CDATA[Fortune is so proud of its new Mark Zuckerberg story that it's making it hard to read.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2012/03/inside-facebook.png"><img class="alignright size-medium wp-image-179647" title="inside facebook" src="http://allthingsd.com/files/2012/03/inside-facebook-335x285.png" alt="" width="335" height="285" /></a>Last year, Fortune magazine was so proud of an Apple cover story that <a href="http://allthingsd.com/20110509/why-fortunes-apple-story-is-awol-from-the-web-and-why-you-can-buy-it-on-amazon/">it made it hard for people to read</a>: The magazine kept the piece off the Web and only made it available to subscribers, via the print edition and an iPad app, or to people who bought the story as an Amazon e-book.</p>
<p>Now it is trying the same gambit, but with Mark Zuckerberg instead of Steve Jobs. If you want to read &#8220;<a href="http://tech.fortune.cnn.com/2012/03/01/facebook/?iid=SF_F_Lead">Inside Facebook</a>,&#8221; Miguel Helft and Jessi Hempel&#8217;s pre-IPO profile, you&#8217;ll need to pay up.</p>
<p>I just plunked down <a href="http://www.amazon.com/Inside-Facebook-ebook/dp/B007FIQW4I/ref=sr_1_1?s=digital-text&amp;ie=UTF8&amp;qid=1330562717&amp;sr=1-1">$1.99 for the Amazon edition</a>, and zipped through it this morning. Like the Apple story, this one is focused on the company&#8217;s structure and management philosophy more than anything, which is quite useful for outsiders. Alas, no <a href="http://www.mondaynote.com/wp-content/uploads/2011/08/Apples-Org-Chart-Old%E2%80%A6.png">org chart</a>.</p>
<p>And if you&#8217;re into profiles of big Silicon Valley companies in big business magazines, this is your lucky week: <a href="https://twitter.com/#!/BradStone/status/174939180995059712">Businessweek&#8217;s Brad Stone profiles Twitter</a> in a story <a href="http://www.businessweek.com/articles/2012-03-01/twitter-the-startup-that-wouldnt-die">out now</a>.</p>
<p>The <a href="https://twitter.com/#!/BizWeekDesign/status/175226654598250497">cover art</a> is very promising:<br />
<a href="http://allthingsd.com/files/2012/03/bw-twitter-cover.png"><img class="alignnone size-full wp-image-179677" title="bw twitter cover" src="http://allthingsd.com/files/2012/03/bw-twitter-cover.png" alt="" width="481" height="640" /></a></p>
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		<title>Liveblogging the Unveiling of the SFund at Facebook (With Guest Stars: Kleiner, Amazon and Zynga)</title>
		<link>http://allthingsd.com/20101021/liveblogging-unveiling-of-the-sfund-at-facebook-with-guest-stars-kleiner-amazon-and-zynga/</link>
		<comments>http://allthingsd.com/20101021/liveblogging-unveiling-of-the-sfund-at-facebook-with-guest-stars-kleiner-amazon-and-zynga/#comments</comments>
		<pubDate>Thu, 21 Oct 2010 17:44:40 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
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		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Allen & Co.]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Amazon Web Services]]></category>
		<category><![CDATA[answer]]></category>
		<category><![CDATA[app]]></category>
		<category><![CDATA[App Store]]></category>
		<category><![CDATA[Barbara Walters]]></category>
		<category><![CDATA[Bing Gordon]]></category>
		<category><![CDATA[bioengineering]]></category>
		<category><![CDATA[BoomTown]]></category>
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		<category><![CDATA[crab]]></category>
		<category><![CDATA[D: All Things Digital]]></category>
		<category><![CDATA[dial tone]]></category>
		<category><![CDATA[Diane Sawyer]]></category>
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		<category><![CDATA[Ed McMahon]]></category>
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		<category><![CDATA[event]]></category>
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		<category><![CDATA[fbFund]]></category>
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		<category><![CDATA[mark Pincus]]></category>
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		<category><![CDATA[Miguel Helft]]></category>
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		<category><![CDATA[Zynga]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=35998</guid>
		<description><![CDATA[BoomTown had to park a badillion miles away from Facebook's suburban HQ in Palo Alto, and hoofed it there for a press event that unveiled the sFund.

What's that? A $250 million fund for social start-ups.

Party on.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/10/photo1-275x205.jpg" alt="" title="photo" width="275" height="205" class="alignright size-medium wp-image-36007" /></p>
<p>BoomTown had to park a badillion miles away from Facebook&#8217;s suburban HQ in Palo Alto, Calif. and hoofed it there for a press event that unveiled the sFund.</p>
<p>What&#8217;s that? A <a href="http://digitaldaily.allthingsd.com/20101021/kleiner-perkins-announces-250-million-sfund-for-social-start-ups/">$250 million fund for social start-ups</a>.</p>
<p><strong>10:40 am PT:</strong> The excitement was building&#8211;well, not really&#8230;well, not at <em>all</em>, in fact&#8211;at the Facebook cafeteria, as the Silicon Valley press got to see the name of the sFund on screens throughout the room.</p>
<p>Kleiner Perkins power VC John Doerr started off the proceedings with some microphone snafus, when he tried to get out from behind the podium.</p>
<p>&#8220;John, sometimes you have to stay in the box,&#8221; joked Amazon CEO Jeff Bezos, who was sitting onstage in what appears to be an Internet Hall of Fame group.</p>
<p>The others would be Facebook CEO and co-founder Mark Zuckerberg, Zynga CEO and Founder Mark Pincus, and giant-man-about-Web Bing Gordon.</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/hermit-175x300.gif" alt="" title="hermit" width="175" height="300" class="alignleft size-medium wp-image-36051" /></p>
<p>Doerr talked on about the importance of social, related to the Internet.</p>
<p>Then, he introed Zuckerberg, hoodie-less, who agreed with him, talking about photos and how social made them hot on Facebook.</p>
<p>Apparently, <em>everything</em> is going social. Personally, I am now contemplating becoming a hermit.</p>
<p>Doerr went full Oprah on him, asking what would inspire him to innovate, if he were starting out today (and presumably there were no Winklevii around to &#8220;borrow&#8221; an idea from).</p>
<p>&#8220;If you take any passion and map it to an industry,&#8221; said Zuckerberg, it will result in disruption.</p>
<p>Then Doerr channeled Barbara Walters at Pincus, tossing him a softball query about the fabulousness of it all.</p>
<p>For example: &#8220;What&#8217;s inspired you to be a CEO at this amazing company?&#8221; (Note to Walt Mossberg: Let&#8217;s file that tough one away for <strong>D9</strong>!)</p>
<p><strong>11:01 am:</strong>Thank goodness then for Bezos, who simply said he hoped these new companies will take some of that $250 million and use Amazon Web Services.</p>
<p>He talked about how these trends grow virally and &#8220;sometimes violently.&#8221;</p>
<p><em>Ouch!</em></p>
<p><img src="http://kara.allthingsd.com/files/2010/10/File-Pagurus_armatus.jpeg" alt="" title="File-Pagurus_armatus" width="220" height="165" class="alignright size-full wp-image-36055" /></p>
<p>Speaking of pinchy, Bezos moved on to some chemical explosion metaphor, and I am now certain I want to be a hermit crab.</p>
<p>Then, after a question about what he would do now, he veered to bioengineering! Doerr wanted a social answer, but Bezos was talking test tubes and &#8220;engineered and synthetic life.&#8221;</p>
<p>But Gordon behaved for John &#8220;Diane Sawyer&#8221; Doerr and talked about how social is the only place to be for the cool kids.</p>
<p>He reeled off the other partners, including Comcast, Liberty Media and Allen &#038; Co.</p>
<p>One more question from Doerr: Five years from now, what is going to make you &#8220;delighted&#8221; about and for the customers you service.</p>
<p>Gordon: He could see the family.</p>
<p>Pincus: He has 12-week twins, not the Winklevii, who are still too young to use Facebook. He was excited it is all getting wired.</p>
<p>&#8220;When everyone is always connected to one another, rather than connected to the Web,&#8221; he said, that&#8217;s the bomb.</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/fp-phone.jpeg" alt="" title="fp phone" width="250" height="250" class="alignleft size-full wp-image-36056" /></p>
<p>He called the big social companies &#8220;dial tones,&#8221; as in Zynga was the gaming dial tone, Amazon was the shopping dial tone and Facebook was <em>the</em> dial tone.</p>
<p>Zuckerberg: I was not sure he was actually answering the question. But I believed his wish was about these social networks getting to scale.</p>
<p>He went on though, talking about how some companies were building a &#8220;light&#8221; social layer versus companies where social was &#8220;built fundamentally into the product.&#8221;</p>
<p>These, of course, have an advantage, according to the gospel of Zuckerberg.</p>
<p>Bezos: He talked about Amazon&#8217;s Web services some more&#8211;this dude is a retailer, so he was <em>sure</em> good at selling.</p>
<p>Gordon, who is apparently like Ed McMahon to Doerr&#8217;s Johnny Carson, rounded up the feel-good session.</p>
<p><strong>11:17 am:</strong> Q&#038;A.</p>
<p>Go Miguel Helft, from the New York Times, who asked a good question, about what took so long for Doerr to do this fund, since social&#8211;i.e., Facebook&#8211;has been around for seven years or more.</p>
<p>Doerr joked, &#8220;Next question.&#8221; Ha.</p>
<p>But <em>really</em>. Doerr did not answer except to say that Zynga only exploded a year ago, so back off, Miguel.</p>
<p>There were two other dullish questions, about new partners.</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/funny-pictures-this-cat-disapproves-of-your-party-275x206.jpg" alt="" title="funny-pictures-this-cat-disapproves-of-your-party" width="275" height="206" class="alignright size-medium wp-image-36060" /></p>
<p>&#8220;It&#8217;s a quarter-billion-dollar party,&#8221; said Gordon, which I was not quite wanting to attend. Which made me a social party pooper.</p>
<p>Larry Magid from CBS asked about social responsibility around privacy, especially after the recent controversy around the leaking of Facebook user info to advertisers, via third-party apps companies such as Zynga.</p>
<p>Then, there ws a question about whether this is not simply the &#8220;fbFund,&#8221; as in Facebook, since the social networking site was going to benefit the most from all this.</p>
<p>No, it was not, declares Doerr.</p>
<p>More questions&#8211;about monetization, advertising, free versus paid and an off-topic one about rumors of Amazon launching an app store (of course it is!).</p>
<p>Zuckerberg took the monetization one. All of the above, it&#8217;s great, money for all.</p>
<p>The event finished with a very odd poem by Gordon, which ended with a decent joke about the possibility that entrepreneurs, if they are lucky, get a movie &#8220;made about you.&#8221;</p>
<p>He was referring to &#8220;The Social Network,&#8221; which trashed Zuckerberg.</p>
<p>In any case, quarter-billion-dollar party on, Mark.</p>
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