Daniel Yen's Blog
Technology, Web Convergence, Consumer & Business Intelligence and Quantum Sciences

Digital Social Networks

Well this is what’s all over the financial news for over a week now:Goldman Sach proxy valuation of  Facebook at USD 50,000,000 … yes 8 Zeros. I also heard that Mark Zuckerburg’s 25% stake values the “Face Man” at USD 12.5 Billion + loose change rattling in his baggy jeans, I guess. Well Done, Zuck – as his friends call him – not me!

Let’s face up here, for a 26 year old his would average some 500 million in wealth accumulation since the time he was born. Yes, I am joking but also thinking of a great book called “The Outliers“gifted to me by a Professor from RMIT for “A Lecture for Online Marketing Business Students” that I spoke at. There is a copy of the entire lecture in ppt format here: Please click here to download this report.

Well Mark, if I may call him Mark, is a true Outlier. Now this is above all a compliment and not meant to say he is abnormal, if anything abnormally brillant and also now wealthy. A massive variance from the norm and a non-standard variation even from the peak of individuals who occupy that stratosphere of super achievers. But if you have also read Outliers, the book, you would already know that he would have put in his 10,000 hours of hard core programming since high school when he built his first A.I.

I am sure Edward and Karen Zuckerberg are proud “friends”. They are referred in this article by the New Yorker as him being “friends” with his parents and 3 sisters. That is so cool and yet a little unusual if you think about what it is and what it means to be friends with someone.

Below is an extract from what appears to be a Fan Page for Mark’s which I found via a little bit of research to share with you folks and below that is Mark’s legit page.

“Zuckerberg was raised in Dobbs Ferry, New York, by his parents, Edward and Karen Zuckerberg. His father Edward is a dentist in Dobbs Ferry, New York, and his mother is a physician. He started programming when he was in middle school. Early on, Zuckerberg enjoyed developing computer programs, especially communication tools and games. Before attending Phillips Exeter Academy Mark went to school at Ardsley High School. While attending Phillips Exeter Academy, he built a program to help the workers in his father’s office communicate; he built a version of the game Risk and a music player named Synapse that used artificial intelligence to learn the user’s listening habits. Microsoft and AOL tried to purchase Synapse and recruit Zuckerberg, but he decided to attend Harvard University instead.”

So yes, they came calling early but Mark seemed to have enough balls and clarity of purpose to say thanks but no thanks and go and get a good education.

In his legit Facebook page, he seems friendly as you can imagine. In his F8 Address attended largely it seems by developers and insightful marketing folks, there is a keynote where he talks about Social Graph, Connect. In my humble opinion, Mark talk like  a passionate messiah with the energy of a driven young person. Over time this will probably polish up very well.

If you heard about social graphs and wondered what’s that all about and why is it important to me as a person or as a business? It all about merging of networks and a cross fertilisation of digital economic eco-systems. There is way too much to cover so I decided to create an entire Subject Matter on Social Media with an emphasison Facebook and LinkedIn coming up real soon. The top level insights is that the web is both a collective that reflects what happens in the old fashioned offline work in the same way but in the digital world.

From my perspective, the primary steps I ask clients to take when thinking about Lead Relationship  Management or L.R.M Strategies is to virtualize that process to some point. Starting new relationships with prospects takes time and that costs money. Digital Relationship building will never replace human contact but at the very earliest stages of evolving a lead into a prospect takes time and should not be too personal. Once people feel ready they will come to you anyway. So the key is to leverage off of platforms as like Linkedin.com and Facebook.com

Ok now what gives here … well I have been thinking about what to write on this subject matter and the catalyst (there is always one) was the announcement that The Social Movie: “the Facebook movie walked away with Best Picture, Best Director for David Fincher, Best Actor for Mark Zuckerberg portrayer Jesse Eisenberg, and Best Screenplay for Aaron Sorkin.”

More is to come so please visit my site and more importantly, if you do, please like it!

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