Zuckerberg's original founder's letter said: "we don't build services to make money; we make money to build better services."
Resolved true The record shows it happened or was so.
Factual: Statements about the present or the past, checked against the record: did they hold up?
Said for an organisation they lead or work for; it counts on both records.
What would count as true or false
Judge against the text of Zuckerberg's founder's letter in Facebook's February 2012 S-1 IPO filing. True: the letter contains this sentence word for word, or with only trivial punctuation or formatting differences. Mostly true: the letter states the same idea with small wording differences that don't change the meaning. Mixed: the letter expresses a related but noticeably different idea. Mostly false: the idea appears only loosely, or the line comes from a different Zuckerberg statement, not the founder's letter. False: neither the letter nor any similar founder's letter contains this statement or anything close to it.
Set before the research began.
Evidence (2)
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E1 Registration Statement on Form S-1 U.S. Securities and Exchange Commission (EDGAR) · 1 February 2012
“Simply put: we don’t build services to make money; we make money to build better services.”
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E2 Facebook IPO: Mark Zuckerberg's Letter ABC News · 1 February 2012
“Simply put: we don't build services to make money; we make money to build better services.”
Reasoning
Facebook's February 2012 Form S-1 filing on EDGAR [E1] contains the founder's letter sentence "Simply put: we don't build services to make money; we make money to build better services." ABC News's reproduction of the letter [E2] shows the same wording. The quoted sentence matches word for word, apart from the leading "Simply put:", which is a trivial difference.
Cite this claim
Mark Zuckerberg, “Zuckerberg's original founder's letter said: "we don't build services to make money; we make money to build better services."” (said 28 October 2021). Verdict: resolved true. Reliability API, claim c_99ee987813f5, method 0.1.0+3f84d14d, dataset release v1.1.2. https://epistacklabs.com/claims/c_99ee987813f5
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Mark Zuckerberg
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Mostly true
“We have seen large increases in Meta AI use since releasing the updates, and the Meta AI app has consistently been near the top of the app stores as well.”
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Resolved true
“More than 3.5 billion people use at least one of our apps every day.”
More than 3.5 billion people use at least one Meta app every day.
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Resolved true
“We released Ray-Ban MetaOptics this quarter designed for all-day wear rather than primarily as sunglasses.”
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Mostly true
“I outlined thematically a bunch of these in the upfront comments around personal AI, around LLMs, combining with the recommendation systems.”
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Resolved true
“Dina Powell McCormick also joined us as president and vice chairman.”
Dina Powell McCormick joined Meta as president and vice chairman.
Verdicts are made automatically; how verdicts are made.