A million or a billion?

Notes from The Social Network, a film about Facebook.

In this film there’s this one scene where the Facebook founders, Mark Zuckerberg and Eduardo Saverin, first meet with Napster founder Sean Parker to talk business. It’s a bit of a fast-paced blur of cocktails and I don’t know what, to be honest, but it shows off Sean’s bravado personality and brings in this point about money and fish. You see, Eduardo has been trying to get advertisements on Facebook as a source of income, however, Mark feels it’s too early and Facebook is yet to find its feet.

What Sean says

Sean responds by saying $1,000,000 isn’t cool, but $1,000,000,000 is. And then continues with this:

And that's where you're headed, a billion dollar valuation. Unless you take bad advice, in which case you may as well have come up with a chain of very successful yogurt shops. When you go fishing you can catch a lot of fish, or you can catch a big fish. You ever walk into a guy's den and see a picture of him standing next to fourteen trout? – Sean Parker, The Social Network

No, he's holding a three-thousand-pound marlin. – Someone else, The Social Network

I don’t know who this fella is, but he’s got the massive marlin.

I don’t know who this fella is, but he’s got the massive marlin.

The take home point

Just like they did for Facebook:

Don’t settle for the little fish when you can get the big fish.

Wait-it-out.

That’s why Zuckerberg’s minted.

That’s why Facebook’s got over 2 billion users.

That’s why we wait-it-out and go for the big fish.

A little reality check

Sean is portrayed as having a bravado personality, which is a little bit of caution in itself. And money shouldn’t be the big fish, only your service should be.

Here’s the scene for you.

 
 

The Social Network can currently be seen on Amazon Prime, and here it is on IMDb.

Stevie :)

Stevie Steven