It's Zuck's World We're Just Living In It
The New York Times has dedicated its front page web spot to a story on the incestuous world of ex-Facebookers and the many companies they have spawned, funded and acquired since leaving Facebook. It should probably strike you as unsurprising at this point that the majority of these people are newly-rich white dudes with vast amounts of influence.
On a handout provided at the “How to Hire Developers in a Competitive Market” workshop a few weeks ago, a long list of descriptors attempted to serve up some insight into the psyche of developers. Among the more typical dev stereotypes like “tenacious” and “innovative” were more specific terms, like “sensitive BS detector” and “anti-establishment.” Oddly missing from the list were “Kegerator obsession” and “distaste for donning footwear.”
But we’ll get to that.
Much like unicorns or rent-controlled apartments, software engineers are a rare, fascinating breed. Many are sensitive to sunlight, only wear hoodies and boast a blood composition of 90 percent Mountain Dew. Unencumbered by emotional irrationality, they operate primarily on logic, using highly complicated algorithmic equations to make even the simplest of decisions, like which sushi place to order from. They are obsessive, strange and brilliant, and they make some of the most beloved products in our modern world.
Around the time of the demise of Jumo, the social network for nonprofits and activists started by Facebook co-founder Chris Hughes, Betabeat got an email from a source intimately familiar with the social media startup sector. “I’m intrigued by the fact that Facebook doesn’t seem to be proving to have the kind of second-act momentum among early employees that PayPal had, and I wonder why that is,” the source wrote. “I don’t have high hopes for Asana, Quora, or Path either, but maybe it’s too early to make a judgment call.”
With the rise of secondary trading, many Facebook employees have already cashed out. The company’s hefty exodus of early employees has been well-documented. Sarah Lacy, writing for TechCrunch, identified the emergence of a “Facebook mafia” as “early and distinct” last year. But with the Facebook-spawned startups still unproven, is it fair to say that yet?