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	<title>Strategy+Art = Influence &#187; IPO</title>
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		<title>Strategy+Art = Influence &#187; IPO</title>
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		<title>The Hacker Way</title>
		<link>http://strategyartinfluence.com/2012/02/08/the-hacker-way/</link>
		<comments>http://strategyartinfluence.com/2012/02/08/the-hacker-way/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 23:46:30 +0000</pubDate>
		<dc:creator>jackhardy</dc:creator>
				<category><![CDATA[Communication]]></category>
		<category><![CDATA[Public relations]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[mark zuckerberg]]></category>
		<category><![CDATA[privacy]]></category>
		<category><![CDATA[shareholders]]></category>

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		<description><![CDATA[In the wake of the anticipated $5 billion Initial Public Stock Offering (IPO) for Facebook, a revealing portrait of founder Mark Zuckerberg&#8217;s management and company philosophy is found in an open letter to future stockholders found here: http://www.bizjournals.com/sanjose/news/2012/02/01/text-of-mark-zuckerbergs-ipo-letter.html?page=all The letter is alternatively forward thinking and snarky. Perhaps his mantra that &#8220;done is better than perfect&#8221; [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=strategyartinfluence.com&#038;blog=5354352&#038;post=201&#038;subd=nicheprblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>In the wake of the anticipated $5 billion Initial Public Stock Offering (IPO) for Facebook, a revealing portrait of founder Mark Zuckerberg&#8217;s management and company philosophy is found in an open letter to future stockholders found here: <a title="The Hacker Way" href="http://www.bizjournals.com/sanjose/news/2012/02/01/text-of-mark-zuckerbergs-ipo-letter.html?page=all" target="_blank">http://www.bizjournals.com/sanjose/news/2012/02/01/text-of-mark-zuckerbergs-ipo-letter.html?page=all</a></p>
<p>The letter is alternatively forward thinking and snarky. Perhaps his mantra that &#8220;done is better than perfect&#8221; symbolizes his engineering-focused rule of computer programmers. Their stated company code to break it down and reinvent, otherwise known as the &#8220;hacker way,&#8221; seems troubling because of what it does not say. I did not find a long-term philosophy about building a great company. Perhaps this is an archaic business philosophy in a world where get-rich dot-com companies come and go. As a potential investor, I did not find anything reassuring about the company&#8217;s attempt to protect consumer privacy or to provide a long-term return on investment for shareholders. Does this sound like a nurturing place to work or one in which confrontation rules and no-holds-barred engineering trumps the value of the people who work there. What do you think?</p>
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