Throughout its 20-year history, the company now known as Meta has ridden many waves of technology, from TikTok or ChatGPT. CEO of Meta Mark Zuckerberg shared the formula that gives Meta staying power in a live podcast interview at the Chase Center in San Francisco, California in front of 6,000 people earlier this month.

Speaking with Ben Gilbert and David Rosenthal, co-hosts of Business Strategy earned podcastZuckerberg addressed the common thread within Meta's DNA that keeps the company relevant. He said it consisted of a mindset.

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“I think we're a technology company that's focused on human connection, not a specific type of app,” Zuckerberg said. “We never thought of ourselves as a website or a social network or anything like that.”

of Meta smart glassesfor example, which have Built-in meta AIare “the natural continuation of the kind of apps we build today,” Zuckerberg said. He explained that Meta can go from product to product because it has invested heavily in the core technology.

“I define our strategy as if we can learn faster than any other company, we will win,” Zuckerberg said. “We're going to build a better product than everybody else because we're going to get it out there first or early… You learn faster.”

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of Meta formula for success is to build a good foundation as a technology company, learn from what's happening in the world and iterate quickly, Zuckerberg explained.

He also showed how Meta competently builds products that resonate with a wide audience.

One component is having enough engineers in the company, especially in leadership positions. While this may seem obvious, Zuckerberg said that when he first came to Silicon Valley, he saw tech companies with non-technical CEOs or a non-technical board.

“If that's your team, then you're not a tech company,” Zuckerberg said.

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He elaborated that he was careful to strike the right balance in Meta's management team between engineering and other talents. Being careful about talent mattered to Meta's overall culture and company decisions, he added.

Meta is one of the Magnificent seven stock group for its massive valuation and impact on the markets. HAD sales of $39.1 billion in the quarter ending June 30, above analysts' estimates of 38.3 billion dollars.