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Ex-Employee Talks Facebook and Mobile

Wednesday, 27 Jun 2012 | 12:38 PM ET

Matt Cohler, a general partner at Benchmark Capital, was one of the first five Facebookhires. He talked to CNBC’s “Squawk on the Street” on Wednesday about his former employer's focus and the growing importance of mobile.

Meet One of Facebook's First Five Hires
Matt Cohler, Benchmark Capital, discusses his early days as one of Facebook's first few employees, and weighs in on how the culture at the tech giant has changed.

“I don’t think Facebook has ever particularly concerned itself with being cool,” Cohler said. “I think it’s always been concerned principally with serving the needs of its users, platform developers and advertisers.”

He also said CEO Mark Zuckerberg is very much a missionary and a visionary focused on the long-term at Facebook.

Some analysts are, nonetheless, concerned about Facebook’s mobile strategy. With hundreds of millions of iPhones and iPads out there, and Samsung having trouble keeping up with demand for its new Galaxy S3 smartphone, “mobile is a really exciting and important change," Cohler said.

--By CNBC.com’s Justin Menza.


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