Ali and Hadi Partovi on Their Early Facebook Investment

The transcript discusses the importance of investing in good people, highlighting early investments in companies like Facebook and Dropbox. It emphasizes the significance of technical skills in investment decisions and recounts the story of meeting Mark Zuckerberg. The challenges faced by Uber, including cultural issues during hyper growth, are also discussed, along with the potential for leadership to turn things around.

What was the primary reason for investing in Facebook at its early stage?

• The platform's existing popularity among college students

• The potential for high financial returns

• The company's innovative technology

• The visionary leadership of Mark Zuckerberg

What was a key factor in deciding to invest in Dropbox?

• The potential for quick profits

• The company's existing market share

• The size of the company

• The technical skills of its founders

How did the investors initially learn about Dropbox?

• By attending a tech conference

• Via a direct pitch from the founders

• Through a market analysis report

• Through a recommendation from a senior at MIT

What was a major challenge faced by Uber during its hyper-growth phase?

• Lack of funding

• Regulatory compliance

• Cultural issues and competitiveness

• Technological limitations

What quality of Uber's new leadership is highlighted as a potential for positive change?

• Humility and respect

• Financial acumen

• Technical expertise

• Aggressive growth strategies