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Disrupt SF 2012

September 8 - 12, 2012 | The Concourse at San Francisco Design Center, San Francisco, CA

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  • Facebook stock dips after the platform deprioritizes publishers

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Mark Zuckerberg: Our Biggest Mistake Was Betting Too Much On HTML5

Posted Sep 11, 2012 by Drew Olanoff (@drew)
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Zuckerberg On Facebook’s IPO: Stock Performance Has Been “Disappointing”

Today, Mark Zuckerberg revealed that Facebook’s mobile strategy relied too much on HTML5, rather than native applications.

Not only was this a big mistake with mobile, but Zuckerberg says that its biggest mistake period was the focus on HTML5. This is the first time that the Facebook CEO has openly admitted this, but things are looking good for the new iOS native app. According to Zuckerberg, people are consuming twice as many feed stories since the update to the new iOS app, which is great.

The first half year has been a little bit slow on product, but for the next six months I expect a lot of really cool stuff.

This “really cool stuff” will probably have monetization in mind, as it’s very clear that mobile is the path to ad revenue for the company.

It’s extremely difficult for a company to nose-dive into an adoption of a particular set of tools and then quickly change course. I suspect that this is exactly what happened with Facebook and things are at least looking up.

Last year, Facebook’s CTO at the time, Bret Taylor, discussed the future of mobile, which at the time very much included HTML5. Here’s a snippet from that piece, where Taylor discusses the platform:

Does that mean an evolution away from Flash? After all, Flash dominates the market for the types of HTML5 games that Facebook is talking about. “Well it’s hard,” Taylor said about Flash specifically. When I laughed and noted he was giving the diplomatic answer, he assured me that it is something they think about a lot. “We want to be ahead of the curve and fill in the gaps when possible,” is how he ended up putting it.

And this stance on HTML5 is vital for Facebook because Taylor really does see mobile as the future — but as it stands right now, that’s a bit of a problem. “The popularity of mobile devices will change,” he said implying that the dominant devices today might not be so dominant in the future. And if that’s the case, why should Facebook dump resources into them? Wouldn’t it be easier if they just focused on HTML5 — something which will work on an increasing number of devices going forward? Of course.

As Taylor noted, mobile devices have indeed changed dramatically, and a company like Apple is going to make sure that big companies are writing native apps to fully utilize the resources of the device.

Check out our full coverage of Mark Zuckerberg’s chat at Disrupt SF below.

Zuckerberg Says “On Mobile We Are Going To Make A Lot More Money Than On Desktop”

Zuckerberg: Mobile Users More Likely To Be Daily Active Users

Zuckerberg on Facebook’s IPO: Stock Performance Has Been “Disappointing”

Mark Zuckerberg: Our Biggest Mistake Was Was Betting Too Much On HTML5

Zuckerberg On Facebook Hiring: It’s A Good Time To Join And A Great Time To Stick Around

Mark Zuckerberg: A Facebook Phone Just Doesn’t Make Any Sense

Zuckerberg Talk Drives Facebook Stock Up 4.6% In After Hours Trading

Zuckerberg: Spotify, Airbnb, Nike+ And Runkeeper Are Killing It

Facebook’s Zuckerberg On Being Under The Radar: I Would Rather Be Underestimated

Zuckerberg Wrote All 2178 Words Of Facebook’s S-1 Founder Letter On His Phone

The Best Soundbites From Mark Zuckerberg’s First Interview Post-IPO [VIDEO]

Zuckerberg On Instagram (Now 100M Users Strong): “No Agenda” Except Supporting App’s Growth

Zuckerberg Shows He’s The Right Man For The Job, Now That Job Needs Doing

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  • Mark Zuckerberg

    • Bio Mark Zuckerberg is the founder and CEO of Facebook, which he started in his college dorm room in 2004 with roomates Dustin Moskovitz and Chris Hughes and from New York. Zuckerberg is responsible for setting the overall direction and product strategy for the company. He leads the design of Facebook's service and development of its core technology and infrastructure. Mark studied computer science …
    • Full profile for Mark Zuckerberg
  • Facebook

    • Founded 2004
    • Overview Facebook is an online social networking service that allows its users to connect with friends and family as well as make new connections. It provides its users with the ability to create a profile, update information, add images, send friend requests, and accept requests from other users. Its features include status update, photo tagging and sharing, and more. Facebook’s profile structure includes …
    • Location Menlo Park, California
    • Categories Social Media, Social Network, Social
    • Website http://www.facebook.com
    • Full profile for Facebook
  • Michael Arrington

    • Bio J. Michael Arrington is a serial entrepreneur and the founder of [TechCrunch](http://www.crunchbase.com/organization/techcrunch), a blog that covers startups and technology news. Born in Huntington Beach, California, Arrington grew up in Huntington Beach, California and Surrey, England. He attended the [University of California, Berkeley](http://www.crunchbase.com/organization/university-of-california-berkeley-2) …
    • Full profile for Michael Arrington

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Zuckerberg On Facebook’s IPO: Stock Performance Has Been “Disappointing”

Posted Sep 11, 2012

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