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.”

Watch:

NOW WATCH: Tech Insider videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.