Mark Zuckerberg Just Revealed His Grand Vision For The Next 10 Years Of Facebook

Mark Zuckerberg Just Revealed His Grand Vision For The Next 10 Years Of Facebook

Phoebe Glover  ⋅  02 Nov 2014 04:43:02

Facebook posted strong third quarter earnings on Tuesday evening.The theme of the earnings call was Facebook’s future, and how the company can use its current success to invest in long-term goals that will make it an even stronger company over the next decade.Facebook’s CFO Dave Wehner and CEO Mark Zuckerberg both said that next year, Facebook will be making a series of aggressive talent and ad tech investments that will set it up for a successful future. But that could mean Facebook’s expenses will increase 50%–70%.Zuckerberg also outlined his 3, 5, and 10 year plan for the company.In summary, he wants to have multiple Facebook products — WhatsApp, Messenger, Search, Video, NewsFeed, Oculus and Instagram — each connect 1 billion users. Once those have reached mass scale, then he’ll start to aggressively monetize them.

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