Recording together from our alma mater, Pepperdine University, in episode 032, we jump in on the latest news from our old friend, Facebook. This time around, it’s all about PRIVACY. Zuckerberg says they want to move from a town square format to a smaller, living room scenario. This will have huge implications for the newsfeed, Facebook Messenger, and even Instagram Stories. With more scrutiny than ever from regulators in Washington D.C., security breaches and the never-ending pressure to reinvent, Facebook is pivoting fast.
Also, what’s all of this have to do with massive Chinese-based social platform, WeChat? Is Zuckerberg looking overseas for domination inspiration? We think Facebook is positioning itself to be the next super app by tying its messaging platforms together as they let slip a couple weeks back. Now, it is just a matter of time before this is monetized. These are signals to watch and Facebook is giving all the clues to what they are going to be next.
If you aren’t yet on Facebook or Instagram, this is the time to get involved: B2B, B2C, services, products, global, domestic - the next wave of innovation is coming and you want to be ready.
Links we reference in the show: