Whereas the recent IPO fail is still looming over Facebook, the social network broke through the 1 billion users milestone. In a recent interview Mark Zuckerberg seemed proud Facebook has 1 billion users and is standing by the company although they’re in a “tough cycle”.
Thursday morning, Facebook’s Mark Zuckerberg announced the social network has 1 billion users, a milestone that has never been achieved before. In the past year alone, Facebook added 200 million new users, despite the failed IPO, despite Google + and despite users becoming more and more bored with the network.
Mark Zuckerberg talked with Matt Lauer of NBC about the fact Facebook broke through the 1 billion users milestone. He proudly called this achievement “an amazing honor”. “To be able to come to into work every day and build things that help a billion people stay connected with the people they care about every month, that’s just unbelievable” the proud CEO said of the 1 billion users unprecedented milestone.
News like Facebook has 1 billion users could easily stir questions away from the fact that the company is now worth half of $100 billion (before IPO). But the 28-year-old Facebook CEO explained the company is just in a “tough cycle” and since “things go in cycles”, eventually things should work out just fine, right?
“We’re obviously in a tough cycle now and that doesn’t help morale, but at the same time, you know, people here are focused on the things that they’re building” said Mark Zuckerberg. “I mean, you get to build things here that touch a billion people, which is just not something that you can say at almost anywhere else, so I think that’s really the thing that motivates people” the 28-year-old CEO added.
Still, the failed IPO is looming. Investors and shareholders have long started to doubt that Mark Zuckerberg actually has what it takes to work a miracle (again) with Facebook. The concern is that he might only be a visionary man when it takes to technology, while the CEO job might not be his thing.
For the foreseeable future, Mark Zuckerberg explained the aim is to work on what would serve the five billion people with mobile phones. At the moment there are more people using Facebook from Android, rather than iOS.