The CEO and founder of Forrester research, George Colony recent said in a blog post that he thought that the CEO of Facebook, Mark Zuckerberg, was a “one trick pony” and that he thought that he was overrated in Silicon Valley. Colony claimed that the statement was made because Zuckerberg has been unwilling to change Facebook’s looks and functionality throughout the its history. It is true that Zuckerberg has been reluctant to make huge, sweeping changes in his interface, but with good reason; every time Facebook changes its layout and functionality a large portion of the user base complains about the changes through their status updates.
Throughout his blog post, Colony continues to take shots at Zuckerberg, claiming that he has the “raw material to be a great CEO,” but went on to say that Zuckerberg must first demonstrate that he can turn Facebook into the revenue generating machine that many feel that it should be. Facebook did not post a profitable quarter until several years after it was created, after the site implemented its current advertising system.
Colony seems to think that Zuckerberg should be willing to go out on a limb with his 500 million person user base and explore different ways of monetizing the site. Of course, this can be tricky, as we saw with MySpace where ads and functionality issues seemingly ran many of the users off of the site. Colony might be jumping the gun a bit with this blog post. Other revered CEO’s, such as Steve Jobs, had over a decade to prove how worthy they were to their companies and went on to develop some of the most game-changing ideas in the technology space.
It is strange that Colony would choose to criticize Zuckerberg so publicly, and seemingly toot his own horn. What is the point that Colony was attempting to make, and does he expect it to be well received by the younger generation in the tech community?
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