Book Review | The Accidental Billionaires: The Founding of Facebook

by rabbifink on August 27, 2009 · 2 comments

Facebook Founder Mark ZuckerbergYesterday I flew from New York to Los Angeles. We got to the airport just under 3 hours before our flight. This is a direct result of missing a few flights in the last few years. We always err on the side of caution.

I stopped in a Hudson Books to peruse the available reading material. Prominently displayed was a new book by Ben Mezrich called “The Accidental Billionaires“. I am a big fan of Mezrich having read, Busting Vegas, Rigged and of course Bringing Down the House (I recommend all those books). I took a look at the book and discovered it was about the founding and founders of Facebook.

I bought the book.

And so should you.

Why?

The book is interesting, tells a compelling story and most of all offers fantastic insight into our world. Facebook transformed the way we interact with each other on the web and in real life.

Before Facebook, the web was mostly information that someone else put on the web for you to learn from. The genius of Facebook is that it gave everyone the opportunity to share their lives with their friends on the web. Facebook is a web platform that is the really the voice of the people. Facebook wrestled the web away from corporate content providers and gave the power of the web to you and me and our friends.

Prior to Facebook there was MySpace. MySpace was and continues to be a big advertisement for one’s brand, band, etc. It is not a relationship building platform. Facebook is a place to meet and befriend people. It is your real life, just online. Facebook took the interactions of our daily lives and transported them onto a web page. That is why Facebook is not only the largest online community, but is also the most popular photo sharing site on the web. People share their lives in a natural way on Facebook.

Twitter really took the Facebook lesson of sharing and community building and over-simplified it. Twitter has also become wildly successful because it builds community.

Understanding our highly interactive online world is important and this book really illuminates that reality.

The other thing that made the book powerful was the struggle the founders of Facebook encountered while attributed credit to the creator of Facebook.

See, Facebook wasn’t revolutionary. It was just social networking done the right way. Other folks had thought of similar sites and other sites were launched and they failed.

The tension over whose idea Facebook was is something that happens all the time in our modern world. People think of ideas or concepts at the same time as others. One of those parties may be successful with their version of the idea and the other version may fail. When the failing version owners realize they have not succeeded oftentimes they get angry, they file lawsuits, they yell and scream and make themselves look bad.

Much of the book is dedicated to appreciating this complex dynamic and it is a valuable lesson in modern fairness.

I recommend this book (click to purchase) to anyone wishing to gain insight and appreciation for our interactive, modern, web based universe. As well as people who just like reading a good book about a college geek who became the youngest billionaire in the history of America.

Related posts:

  1. Rabbis and Facebook
  2. Malcolm Gladwell Doesn’t Use Twitter or Facebook But He Is Pretty Sure They Are Useless
  3. Become a Fan of Pacific Jewish Center on Facebook
  • JS

    Just wanted to let you know I’m reading. :)

    Had heard about this book. Wasn’t there something controversial about how it portrayed the creators? I remember hearing something about dorm room shenanigans and untoward stuff.

    • http://finkorswim.com rabbifink

      Hey,

      Thanks for checking out the blog.

      His portrayal of the founders is from the perspective of the business guy partner who (allegedly) got “screwed over” by Zuckerberg (the actual founder), so yes, do take it all with a small grain of salt.

      As far as shenanigans, if you mean “hooking up”, then there are a couple of mentions of some sexual activity, but nothing out of the ordinary for an american college student, let alone a Harvard campus celebrity.

      In any case, the lessons of the book are not interrelated with the two issues you raise.

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