Move fast, break things: The sad story of Platform, Facebook’s gigantic missed opportunity

Pando Daily: It was May 24, 2007 at Facebook’s inaugural developers conference f8, held at the San Francisco Design Center. Mark Zuckerberg, just 10 days past his 23rd birthday, was pacing the stage. Dressed in a black fleece and stripey flip-flops, the Facebook founder and CEO was midway through his first major keynote, telling the audience of 800 developers, investors, and entrepreneurs that his three-year-old social network was about to change the Internet.

“Right now, social networks are closed platforms,” Zuckerberg said. “And today, we’re going to end that.”

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