Zuckerberg Explains Facebook's Acquisition Strategy

In this clip, recorded at a Y-combinator event over the weekend, Facebook CEO Mark Zuckerberg explains why his company acquires other, smaller startups – to hire great people.

“The fact that so many of the people who are leading products within Facebook are coming from a startup just creates an incredibly entrepreneurial environment at scale.”


NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.