I can still afford to fail for about 20 more years. I'm still young; it's such a wonderful statement. But if we consider someone like Jensen Huang, who is 61 years old, if he fails for another 20 years, he would be 80, which is a bit concerning, right? There’s a 20-year age difference between him and me. Age is a weapon, isn’t it? 

Hello, I'm Lee Ho-seok. Today, it's been a while since we had our celebrity segment. Hello, everyone! There aren't many celebrities to talk about lately, so I've been thinking a lot and came up with an idea. We often talk about big tech companies in the U.S. and mention the M7. When we say M7, there are several companies like Nvidia, AMD, and Tesla, right? These are companies we are quite familiar with. Among these companies, the one with the highest return this year is, of course, Nvidia.

It has risen by 170%. Oh, 170%. It has increased a lot this year. Recently, it went up again, and there's a second place. Where could that be? I thought of Tesla. Tesla. Tesla has really been doing poorly, hasn't it? Is this a joke? This is my personal bias coming in. Are you teasing me? Oh, Tesla shareholders, my sincere condolences. Last week, the stock price dropped, and I'm really upset. Anyway, the second place is Meta. When I saw this, I thought, when did it rise this much? Meta's return is 67%. So if you look, the third place is Amazon at 255%, Apple at 18%, Google at 16%, Microsoft at 10%, and Tesla even at -12%. So, Nvidia rose by 170% on its own, and the others are all around 10 to 20%, pretty similar. Yes, Tesla is at the bottom, and then the second place is overwhelmingly close to 70% with Meta. But now, I want to cover this.

The reason I asked for an investigation is not only related to stock performance but also to age. Let me go through the ages of some prominent figures. Bill Gates, the founder of Microsoft, was born in 1955, so he is 68 years old. Tim Cook was born in the 1960s, and Jensen Huang was born in 1963, making him 61 years old. Elon Musk was born in 1971, and Jeff Bezos was born in 1964. So, Elon Musk is relatively younger. Now, how old is Mark Zuckerberg? He is actually younger than you might think. He was born in 1984, so he is just about to turn 40 years old. At this age, he is truly the leader of a big tech company. I saw in the news recently that he ranks as the second richest person in the world, right after Elon Musk. This makes me realize that we have not known enough about him.

Today, I would like to talk a bit about Zuckerberg. I think he is someone who will be known more and more from now on, so I want to discuss him. As you mentioned, Meta, or Facebook, is one of the less popular stocks among Koreans. I remember that it dropped over 30% in 2022, and that memory seems to have stuck with me. So, I was surprised to see how much it has risen since then. In fact, it has gone up six times. That's quite a significant increase. 

For platform companies, the number of users is crucial, and Facebook still has a solid user base of 3 billion people. There is also a common perception that Facebook is mostly used by older individuals, which is hard to deny. These days, I also use Facebook. Recently, I traveled...

I asked if they use Instagram while traveling, and they replied, Oh no, I use Facebook; I don't use Instagram. So, it seems that there are still quite a few users of Facebook. It's like a playground for older generations. As someone who is also part of that generation, I have something to say about this. People tend to stay in their comfort zones. From the perspective of younger people, they might think, Why read a paper newspaper when you can get news online? But, just until recently, there were still many people who read paper newspapers. The reason is that it's familiar; it's what they know. However, there are discussions about whether paper newspapers or online news are more relevant. In any case, it is still considered a playground for older generations.

There is a transplant, but they still continue to use it because they are accustomed to it. So, it seems that Meta is improving a bit; its revenue has reached a low point and is gradually rising. There is a trend where operating profit has been slightly increasing since the fourth quarter of 2021. Now, let's find out who Mark Zuckerberg is. There is a story that husbands around the world are trembling. There is a romantic man who custom-ordered a one-of-a-kind Porsche minivan for his wife and even created a statue resembling her. He made this statue for her as well. This unique Porsche minivan was made just for his wife. That romantic man is none other than Mark Zuckerberg, who has pushed aside Amazon founder Jeff Bezos, as you mentioned, in the world.

He briefly rose to second place and is now currently in third place. His English name is Mark Elliot Zuckerberg. Let's take a look into his life today. Before that, I want to explore what Mark Zuckerberg's mindset and values are like. Recently, I've been able to find some hints in his noticeable appearances. So, what is it? Shall we take a look at the photos? On the left and right, you can see the differences. What has changed between the past and the present? For reference, in the past, his hairstyle was very short, and he seemed to wear just a simple t-shirt. Now, he has definitely upped his style. His hair looks a bit curly, and his clothes give off a hip vibe. He seems to be trying to look stylish. Does he look stylish? But now, looking at this...

Mogu is forced; it doesn't match. There are some comments about trying to enhance the style. You know, you get this feeling that it doesn't quite fit, yet there seems to be a reason behind it. That's right, there must be a reason, and I want to dig into it. Originally, he was very famous for his unique and simple fashion style, reminiscent of Steve Jobs. He always appeared in gray t-shirts or hoodies, and officially, he often wore Adidas slide sandals, which drew a lot of attention. When I was in high school, there was always that one person who wore sandals everywhere, even in winter. You're not that person, are you? No, I'm not. I did wear shoes. But because of this, he received questions from reporters, and it even became news.

In 2014, when I asked why there are only similar people here, an article came out in English. Let me read it in English: I have to make as few decisions as possible. I need to minimize my worries and focus on the absolute minimum choices. To run this country, this community, to help, is it about contributing to the community? And I actually feel like I'm not doing my job. If I were to invest energy elsewhere apart from what I'm doing, I would feel like I'm not really working. I somewhat feel that way too. There's a sense of distance. No, that's not it. I joked this year that one of the best things I bought was a pair of Nike socks. I bought the same ones, and they feel so good in the morning. I just wonder which socks to wear.

I don't have to worry, so that worry is given to me, and I find it very nice. So I think this year will go well because I’m starting a company and I have many concerns. I want to avoid other worries, and I think that was my mindset. I don't know if you all know, but when I relax, I always wear the same clothes. There was a reason for that; it has integrity written on it. I don't think many people know about that, but anyway, I think I was thinking like that when I saw it. Now, let's take a look at how this mindset relates to the early image of Zuckerberg and how it has changed recently. Just a little while ago, he answered questions, and gradually, Zuckerberg began to change. Last month,

I started working on a series of shirts featuring my favorite classic quotes on the podcast. Recently, Mark Zuckerberg has been frequently spotted wearing an oversized gray hoodie version of a newspaper-style. He has begun making his own t-shirts. Alongside running a metal company, creating AI-enhanced glasses, raising his new children, and training in mixed martial arts, this 40-year-old Facebook founder adds another line to his resume: medical designer. It's impressive, isn't it? Did he create it himself? Yes, but of course, there were collaborators involved as well, including designers who helped him. I think we need to take a deeper look into this. It’s written that it reflects a mindset pursued within the family, explaining that through pain, we can gain more.

It seems that they are now engraving Greek letters with this meaning. And then, images appear of people wearing black T-shirts with the phrase Patei Matos printed in white letters. They are wearing loose T-shirts, which also gives off a youthful vibe. Compared to the early days of Facebook, where the navy hoodies and tight business shirts lacked a sense of individuality, one might think that they have become fashion-conscious. Of course, there are some who may not agree with this perspective. 

So, how do foreign media interpret this? They report that Mark Zuckerberg is gradually trying to improve his public image. Looking at the bold shirts he has recently worn, it seems he is saying that he has arrived and conquered, and that no matter what the cost, he will continue to do so.

They have consistently conveyed messages about winning again. Recently, they appeared in a live podcast interview in front of a full audience. The CEO of Meta mentioned a Greek phrase that means learning through pain, which was written as pathe matos. At the 40th birthday party held in May, there was a statement that Carthage must be destroyed. Then, at the Metal Connect product demonstration held on Wednesday, a similar Latin phrase was written on a black T-shirt. If we summarize these phrases, they reflect an atmosphere that compressively shows how ancient politics has evolved, starting from ancient Greece, then early Roman Republic, and finally the glorious splendor of the Roman Empire. Ultimately, this shirt signifies that Meta also wants to enjoy its own glory.

It seems like we can get a sense of what Zuckerberg was thinking. It's not just that his hairstyle changed; not at all. And the mention earlier about learning through pain refers to the fact that he experienced pain. There was a time when he cried. In 2022, the stock price briefly dropped below $100, and now it's around $600. There was some controversy about Zuckerberg crying during that time. Could you elaborate on that controversy? Yes, of course. In 2022, he was conducting video interviews with employees, and during that time, he appeared to be on the verge of tears. He joked with the employees, saying, It's not that I'm crying; it's just that something got in my eye, but... how should we interpret that?

It was a difficult time, and now the stock prices are continuing to fall to the ceiling. In such a situation, layoffs are inevitable. We have endured and overcome very challenging adversities. The phrase we learn through pain resonates with me. I think Zuckerberg, during that time, experienced something profound. Until he turned 40, he had lived a life of ease without any real suffering. However, through that pain, he seemed to learn something valuable. During that painful period, I don't know if he studied Greece or Rome, but perhaps he made a resolution about what he wanted to do in the larger world. I feel that this expression reflects that, and although people might not understand it, there was a significant meaning behind it. That twist in perspective is quite impactful.

It seems that it worked after all. The image refresh may be somewhat heavy, but it had some effect. I grew my curly hair to TikTok length and started regularly wearing chains, which is an element of product management fashion. On the internet, people began to describe the look as sexy, and the image started to spread little by little. Elon Musk, who has no style, is somewhat compared to this; some even say it feels more approachable. I can hear a voice from the other end saying it doesn't seem sexy, and I think there are people who feel that way, but it's all a matter of perspective. However, I get the impression that Mark Zuckerberg didn't change his image without any thought. In the past, Zuckerberg wore flip-flops and the same clothes, and all of that was actually planned.

There are stories that in 2007, during his first official keynote at the F8 conference, he initially practiced each hand gesture while receiving consulting. There are also rumors that the Adidas sandals he wanted to wear were sold out, and he made significant efforts to find them. So, while it is true that fashion has been a topic of discussion, it is said that every detail of his appearance is carefully curated, especially in official settings. It seems that Zuckerberg does think a lot about how he is perceived. Although he wears slippers, people initially thought of him as a genius developer, wanting to convey a sense of being someone who could wear formal shoes. However, now it’s no longer just about being a genius developer; what matters is how he will shape the world through his vision.

It's important, so I want to address that part now. I can't keep wearing just slippers, right? By the way, do you like this T-shirt? No, I'm fine with it. I was just wondering if you would buy it if it were sold for $750. $750? Yes, because there are hints on Instagram suggesting that it will be sold soon. It could potentially sell for around $7. I wonder who would actually buy it. That implies there was a plan and intention behind it, right? Exactly. I think this could be a hint that everything is connected. Through some pain, we can see how he has become the current Meta. Let's take a look at the past. He was born in New York and grew up in a wealthy family. Edward's father was a computer enthusiast and a dentist.

He was a bit of a fanatic. That person is important. My mom is a psychiatrist, and both of my parents are doctors. I was born in 1984, amidst their busy lives. My dad's background in electronic equipment had a significant impact on Zuckerberg's life. By the age of ten, I was still a child, an elementary school student, yet I had a programming teacher assigned to me. I was fortunate to grow up in an environment where I could play with computers from a young age, and I received an education that emphasized conversation and debate. This was the key to creating the Mark Zuckerberg we know today. Growing up among these older sisters, I attended a prestigious private school and was not an ordinary student. I excelled in science and was extremely good at math. I even captained the fencing team, showcasing my athletic skills. Additionally, I had a rich passion for languages, including French, Hebrew, Latin, and ancient languages.

He made it to Greece. Yes, he was an amazing friend. Well, if you're going to be the second richest person in the world at the age of 40, you have to achieve something like that. And he went to Harvard University, right? That's right, and there's a story behind that too. First, he started learning the program in middle school. He gradually received personal guidance from his father and began auditing related classes at a nearby graduate school. Growing up, during high school, the first thing he created was the Synapse Media Player. This was a long time ago, but it can be thought of as an AI that recommends music based on your preferences. It analyzes your tastes to suggest music you might want to listen to. Wow, but this is a very old story, so he had this idea back then. The person he collaborated with at that time is also the one he started the company with now.

Surprisingly, the program became a huge hit, and companies like MS and AOL, which are American online firms, offered me jobs, saying, Hey, we want to hire you. Would you like to come work for us? But I turned them down, saying I would never go. So, where did I go? In September 2002, I enrolled at Harvard University. It was 2002, and I entered Harvard, double majoring in psychology and computer science. Even after enrolling, I created two programs that became quite a sensation. First, I developed a website called CourseMatch, which gained significant popularity. It allowed people to see which classes others were taking. Surprisingly, many people were quite curious about what classes others were enrolled in. One day, the server crashed due to the overwhelming traffic, which brought a lot of attention. So, in a way, it can be said that...

This seems to stem from the fact that Zuckerberg majored in psychology. What is the psychology of people? I'm doing this, and I'm okay. What are you doing? I want to see that psychology, which penetrates the desire to observe others. Everything is connected. Then, he created something called FaceMash. You may have heard of it. It was a program he made after being dumped by his girlfriend. At that time, Zuckerberg was dating a girl from Boston University while attending Harvard. She said, I'm sorry, but I need to finish my studies and go do my assignments. Let's meet another time. He responded, You go to Boston, and you still have to study? It made me think, is it okay to say that to your girlfriend? Here I am, attending Harvard.

It seems like the feeling is that only those who attend Harvard study, while others have the mindset that they no longer study. So, it was immediately rejected. It was indeed a direct response to that anger. After being dumped, how dare you reject me, a person attending Harvard? The site created afterward was called FaceMash. You can think of it as a popularity contest, similar to the World Cup. In the past, there used to be something called a gender World Cup, where people would look at pictures and keep voting. However, there are various stories about this; some say it only featured women's faces, while others claim it was a mix of both genders. Within just four hours of its launch, the site received an astonishing 450 visitors, gaining significant traction. But, in fact, there are many similar websites out there, like the ideal type World Cup programs that are quite common today. However, the key point here is...

What it was, is that the faces of acquaintances we know were included. Then, interest increases significantly. Who are these people? Who is prettier? This doesn’t really matter; it feels like it doesn’t have any influence. But now, if what I do also has an impact, right? Ah, this is because personal factors were mixed in, and this behavior stemming from the relationship has a psychological aspect, right? This was an opportunity to understand that. Everything seems to be interconnected. If you think about it, Instagram also heavily involves the psychology of wanting to show a certain image. It’s about wanting to showcase that I go here and eat this and that. It seems to be linked to greed. Yes, I think it’s all connected. In the American weekly magazine Time, it mentions that people are becoming freer in their daily lives.

I evaluate that they possess deep insight, realizing that they want to dive even deeper into it. I’ve known this since I was young, right? Gradually, as I created the program myself, I became aware of it. But did the Harvard students just sit back and watch? If the representative's face is plastered everywhere, right? They evaluate faces, and some get eliminated. Originally, if someone made fun of a tall person by saying, Hey, you're tall, it wouldn't feel bad. But if you tell a short person, You're short, it can hurt their feelings. So, for Harvard students who might have a complex about their appearance, it feels even worse to have their faces put out there and evaluated. It’s like, “How dare you judge my face?”

Without it, it becomes a hindrance. In the university's system, removing that photo has become a problem, leading to sanctions and disciplinary actions from the school. Before receiving these sanctions, I attended one last party, where another connection was made. Ah, as we introduced in the intro, the girlfriend at that time became my wife. We ended up dating for nine years and got married in 2012, after Facebook's IPO. We had an outdoor wedding, and she is a former doctor and a Chinese-American. After that, we had a daughter in 2015, another in 2017, and one more in 2023. So, I am now a father of three. If you look at it, I graduated in 2002 and had my wedding ten years later in 2012, right after the IPO. So, it was ten years later.

Before enrollment, I had a significant experience. Life is unpredictable; you never know where you might meet someone. However, regarding this matter, Mark Zuckerberg has mentioned that there is some misunderstanding. In fact, we were already working on the project at that time, and hearing that I established Facebook to date girls is something that makes me upset, as it is not true. 

The incident with Facebook indeed elevated Mark Zuckerberg's reputation significantly. It certainly captured people's attention. Following this, the Winklevoss twins, who are quite famous, suggested to Mark Zuckerberg that we should create something called Harvard Connect together. Subsequently, they developed the platform that became Facebook. Initially, it was created for Harvard students, but then Zuckerberg left Harvard in 2004.

So, it was possible to use Facebook only for Harvard students at that time, but as the number of users increased overall, it became an opportunity to expand services nationwide. They also brought in Sean Parker as the president, and originally it was The Facebook, but after receiving advice, they decided to drop The and just go with Facebook. In 2006, Zuckerberg received an offer that was hard to refuse. When things go well, it's easy to attract attention. At that time, Yahoo, the largest internet site, offered to acquire their company for a whopping $1 billion. At just 22 years old, that was an unimaginable amount of money. I once listened to an interview where Zuckerberg said that everyone was telling him to take the offer, and he felt like he was going to be kicked out of the company.

They understood because if he rejected this proposal, other people would have a strong aversion to it, to the extent that he, as the CEO, could be ousted. Regardless, it wouldn't have been just Zuckerberg holding the stocks; there would have been opportunities for others to sell at that value. So, the implication was to sell, but they didn't. In fact, as I look at this situation, I think the only reason Zuckerberg has come this far is that he didn't sell at that time. That's crucial. In a way, to make money from stocks, it's key not to sell good stocks too early and to hold on. It's difficult, but Zuckerberg knew how far he could go and he continued with the business without giving up. Yes, but even now, at 40 years old...

I think this is a very important point. He's only 40 years old, yet he has such strong leadership and big dreams. I mentioned the Roman Empire earlier, and while I don't know what he will become, I find it impressive. Recently, he interviewed in front of 6,000 people, which is quite rare for Zuckerberg to do. It's a very unusual situation, and he seems to be gradually changing his style. During this interview, he said that he could afford to fail for another 20 years because he is still young. That's such a wonderful statement. It emphasizes that he is still young. But if we take Jensen Huang as an example, he is 61 years old.

If he fails at 20 years old, he will be 80, which is a bit concerning. He is currently 20 years older than Jensen Huang. Age is a weapon, but that choice turned out to be a good decision. Through Facebook, he pushed for a variety of mergers and acquisitions. In 2012, he acquired Instagram, in 2014, WhatsApp, and he also acquired Oculus VR. These acquisitions played a significant role in entering new markets and technologies. Instagram, which many of you use, is one of them. I was curious about how the foreign media evaluate this person. The Wall Street Journal posed the question, Who can succeed Steve Jobs? They mentioned Jeff Bezos from Amazon and Jack Ma from Alibaba.

There are more figures, and one of them is Mark Zuckerberg, who was mentioned a lot. He has been positively evaluated for his role and vision. His mindset is that rather than pursuing perfection, it is much better to take action. He always believes that even if something is not perfect, we can gain insights from it by executing it. This connects to the idea that we can learn from pain. Moreover, there was something that the employees said, which I found quite impressive. They mentioned that Mark Zuckerberg has never broken a promise to us after he committed to doing something. The promises made in this position have always been kept. I found that very impressive. It’s difficult, right? It’s not easy. When you’re in that position, it’s challenging to keep promises with someone.

It's difficult to keep saying that I will continue to uphold my promises. As the CEO, I need to convey that I can do better. It's really challenging to fulfill those commitments, especially when the evaluations from employees are like this. It resonates deeply with me; I really want to keep my promises, but I also don't want to make promises I can't keep. Are you keeping your promises well? Well, so far, yes, but it's not an easy task. Receiving such evaluations from employees feels similar to how one would feel if a child gave that kind of evaluation, whether inside or outside the home; it's tough. However, it's quite impressive that Zuckerberg receives such evaluations. Recently, after the company changed its name to Meta, there has been quite a bit of discussion.

There has been a lot of criticism, mainly because the stock price has dropped significantly. The metaverse experienced a rise and then a fall, ultimately ending in what seems like an illusory dream. So, if they could change the name back to Meta, would they? In response to that question, he said he would go back to Meta without regrets. Today, we've listened to a lot about Mark Zuckerberg. Are you attracted to Meta? Well, today we talked about Zuckerberg, rather than how the Meta company is doing. Recently, the stock price of Meta has risen for various reasons, one of which is that advertising revenue is increasing. The biggest boost in advertising comes from election periods, as ad revenue tends to spike during elections. Therefore, the recent rise in stock prices could be seen as a temporary effect of the election cycle.

Because of the overshooting, there might be adjustments, but if I do receive an adjustment, I actually feel like I would want to buy more. Ultimately, we need to look at the person, and while listening to the story about Zuckerberg introduced by announcer Park Jung-won, I realized that he is surprisingly a much better person than I thought. He keeps his promises and has big dreams. Additionally, the third and most important point is that despite being the youngest, he seems to be the most undervalued CEO. I think Zuckerberg will increasingly be recognized as a great person, and there might come a day when he receives applause for that. If the recent rise due to the presidential election leads to a correction, it could be worth considering buying in. It also seems that very few people in our country own metal. Yes, let's think about it.

I think we need to look at this a bit more seriously. Meta is set to announce its third-quarter earnings on October 30, and it will be important to see how their advertising revenue has increased. When we think of foreign companies, we often focus on giants like NVIDIA and Tesla, while other companies tend to get less attention. However, within that context, interest in Meta seems to be growing. This might be a good opportunity to recognize that there is a company like Meta, which has its own values and perspective. I encourage you to take an interest in it. Alright, today we discussed the celebrity Mark Zuckerberg. We'll see you next time. Thank you.

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