In response to a question by Charlie Rose at New York's IAB conference, "Have you guys made assumptions that were not right?" Facebook COO Sheryl Sandberg confirmed yes, and referenced Facebook CEO Mark Zuckerberg's comments about the failure of Facebook's HTML 5 efforts at TechCrunch Disrupt. "You want these companies taking risks," co-interviewee Marc Andreessen said defending Facebook's moves, "When tech companies start being conservative, that's when they go completely sideways." Andreessen also referenced a "hit rate for new ideas": "If a company is hitting more than 50% of its goals it's too conservative."
Source: http://feedproxy.google.com/~r/Techcrunch/~3/pcSDeXApupc/
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