# Novati left Facebook (now Meta) to join Nextdoor as its second iOS engineer hire.

*business · news · 2026-05-06 · Fortune*

## Key points

- Formation claims its program increases engineers' compensation by an average of $127,000.
- Formation charges $10-15k, significantly less than traditional college costs but claims much higher returns.
- Mark Zuckerberg advised that capturing user attention precedes monetization, influencing Formation's strategy.
- Formation raised $4 million in seed funding just a year after launching, led by Andreessen Horowitz.

**Companies:** Meta, Netflix, Google, Dropbox, Adobe, Formation
**Countries:** United States

[Read the full story on Fortune](https://fortune.com/2026/05/06/mark-zuckerberg-facebook-meta-engineer-startup-advice-at-2-a-m-hanging-out-with-interns/)

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