But if Facebookers are anything like their predecessors at PayPal and Google, their new toys won’t distract them for long. They’ll eventually fan out across Silicon Valley and found their own startups, or start investing in their friends’ companies, or both.

“You are going to make hundreds of millionaires and see a lot of new startup activity, because these kids are going to start companies on their own,” says Vivek Wadhwa, a scholar of entrepreneurship with appointments at Stanford, Duke, Emory, and Singularity University. “It’s going to be a big boom for Silicon Valley.”

Now, if you only looked at the record to date, you wouldn’t get the impression that Facebook’s alumni are especially prolific—and you’d be forgiven for wondering if they have any interests outside of social networking, collaboration tools, and Web infrastructure technologies. With help from CB Insights, which has been preparing its own study of the “Facebook Mafia,” I did a search for companies founded by Facebook alumni, and turned up fewer than a dozen examples:

Asana (Web-based task management) – Dustin Moskovitz, Justin Rosenstein
Cloudera (Apache Hadoop distributions) – Jeff Hammerbacher
Cove (collaboration, acquired by Dropbox) – Aditya Agarwal, Ruchi Sanghvi
Daily Strength (online support groups) – Doug Hirsch
Jumo (social networking for non-profits, merged with GOOD) – Chris Hughes
MemSQL (database management software) – Eric Frenkiel
Path (social networking and media sharing) – Dave Morin
Peixe Urbano (Brazilian local commerce site) – Julio Vasconcellos
Quora (question answering) – Adam D’Angelo, Charlie Cheever
Storm8 (mobile games) – Perry Tam, William Siu
Trialpay (targeted advertising) – Eddie Lim

Can Facebook’s New Millionaires Save the World? | Xconomy

In fact, I think many programs distract would-be entrepreneurs on what they should be doing – following their passion and making something worthwhile.  I’m not saying that entrepreneurs don’t need help.  We all need help.  But too many programs are using the wrong approach by trying to “teach” entrepreneurs.  I (strongly) believe that entrepreneurs can’t be taught.  They’re categorically ADD, they “think differently”, and they can’t stand still.  They prefer action to passively absorbing.  They know that life isn’t about mid-terms and finals – its a daily grind with constant tests.  They’re a fire, ready, aim breed.

But everyone keeps trying to “teach them”.  From government programs & college and university courses to online education, videos, and books.  They don’t work.

The reason mentorship works is because its based on experience.  And it only works when its based on experience, in the form of “when you did x how did it turn out and why?  How would you do it if you did it again”.  It follows the adage “if I knew then what I know now”.  It’s borrowed experience.  And that’s how entrepreneurs learn, through doing.

Scott Annan sounds like a kindred soul, a brother from a different mother.

In your life, you've probably had a setback or two. When you stumble, it's tempting the throw in the towel and accept defeat. There's always an attractive excuse waiting eagerly, hoping you'll take the easy way out. But the most successful people forge ahead. They realize that mistakes are simply data, providing new information to adjust your approach going forward.

I can certainly relate 100% and then some!

March has brought an apocalyptic movement to the online world; Google is modifying its algorithms to regulate SEO to a purely foundational stance. Sites that are heavily optimized and backed by purchased, bulk backlinks will soon find themselves penalized at best - and de-indexed at worst.

As an alternative, sites featuring quality content - like the kind Centerline Digital creates - now have a better opportunity to show up on the search engine result pages (SERPS).

What this means for brands is that they will need to become producers of their own content. This is something that early adapters like IBM, Coca Cola and Old Spice have already begun doing, and we're guessing it's a trend that will continue picking up steam.

Great video on Coca Cola Content 2020 Plan: