When Facebook filed to go public in early 2012, Mark Zuckerberg noted that the social network wasn’t originally designed to be a company. “It was built to accomplish a social mission — to make the world more open and connected,” Zuckerberg wrote in Facebook’s S-1 filing, presenting the business as an engine supporting this goal.
Five year after the IPO the social network’s CEO still believes Facebook’s primary purpose is a social one, but he’s ready to update this mission for the first time. At the time when Facebook has come under scrutiny for not adequately curbing the spread of false news and extremist activity on the social network, Zuckerberg is committing to making the world closer. On stage on Thursday at Facebook’s first Community Summit, a gathering in Chicago of leaders from 120 different Facebook Groups, Zuckerberg unveiled Facebook’s updated purpose: “Give people the power to build community and bring the world closer together.”
Facebook’s new mission, Zuckerberg said in an interview at the company’s Menlo Park, California headquarters last week, doesn’t mean that the company is shifting away from connecting friends and family, but rather, that it’s broadening its focus to enabling people to connect with meaningful communities, too.