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Evidence receipt / belief

Published · transcript-backed

David Rosenthal: belief

28 Oct 2024 Acquired Meta

“I think Mark’s takeaway from this is like, okay, maybe I don’t understand advertising as well as I thought I did.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
28 Oct 2024
Publisher
Acquired
Episode
Meta

Transcript context

…Oh, the social ads was years and years. But the purchases, you’re right. That was just I think a couple of weeks. Yeah, for Beacon. Ultimately after a few weeks, they do acquiesce and they say like, okay, we will turn Beacon off. We’ll make it opt-in as opposed to opt-out. You can have a way to completely turn off all Beacon tracking permanently from your profile. A lot of people do that. Beacon activity basically drops to zero and then two years later it’s completely killed off. This sets the stage for Sheryl joining the company. I think Mark’s takeaway from this is like, okay, maybe I don’t understand advertising as well as I thought I did. I thought I didn’t like it, but I thought I could be clever and engineer this new thing. Actually, let’s bring in somebody who really, really does understand this. Sheryl was the perfect person coming from Google. Sheryl joined Google in 2001 right as they were figuring out AdWords. That’s three years after the company was founded.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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