At TechCrunch Disrupt San Francisco today, TechCrunch editor Erick Schonfeld took the stage to chat with Facebook's Product Director for Ads at Facebook Gokul Rajaram about the social network's advertising operations. For background, Rajaram was known as the “Godfather of Google Adsense,” and joined Facebook last year through the acquisition of his company Chai Labs.

Rajaram says that Facebook ads are based on the premise that people want to discover what people are doing, and provide a social [...]

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