The Social Network: Lorelyn Mae S. Torrenueva BSED Social Studies 3-2 Social Networking For Social Integration
1) Mark Zuckerberg creates Facebook in 2003 as a social networking site for Harvard students after a falling out with his girlfriend.
2) The site grows rapidly and expands to other universities, catching the attention of Sean Parker who convinces Zuckerberg to bring him on board.
3) Later, Parker and Zuckerberg betray one of Facebook's co-founders, Eduardo Saverin, by diluting his shares, leading to a lawsuit.
4) The movie ends with Facebook valued at over $25 billion with 500 million users globally, making Mark Zuckerberg the youngest self-made billionaire in the world.
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The Social Network: Lorelyn Mae S. Torrenueva BSED Social Studies 3-2 Social Networking For Social Integration
1) Mark Zuckerberg creates Facebook in 2003 as a social networking site for Harvard students after a falling out with his girlfriend.
2) The site grows rapidly and expands to other universities, catching the attention of Sean Parker who convinces Zuckerberg to bring him on board.
3) Later, Parker and Zuckerberg betray one of Facebook's co-founders, Eduardo Saverin, by diluting his shares, leading to a lawsuit.
4) The movie ends with Facebook valued at over $25 billion with 500 million users globally, making Mark Zuckerberg the youngest self-made billionaire in the world.
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Lorelyn Mae S.
Torrenueva BSED Social Studies 3-2
Social Networking for Social Integration
The Social Network
(Summary) In 2003, a Harvard undergrad and computer programming genius Mark Zuckerberg begins work on a new concept that eventually turns into a successful global social network. The movie starts off with Zuckerberg was on a date on the evening of October 2003 with his girlfriend Erica. Erica break off with him for his haughty behavior, which he responds to in an insensitive way by writing a less than pleasant entry about her on his Live Journal. He creates in a few hours a website called "FaceMash.com", where male students can interactively choose which of two girls presented at a time is more attractive. This becomes highly popular among the students, but eventually results in Zuckerberg being put on a six months academic probation. However, the popularity of "FaceMash.com" and the fact that he created it in one night, while drunk, brings him to the attention of Cameron Winklevoss and Tyler Winklevoss, identical twins and members of Harvard's rowing team, and their business partner Divya Narendra. As a result, he gains a job working for the Winklevoss twins as the programmer of their website, Harvard Connection which exclusively connects Harvard students as a dating website. Zuckerberg steals their idea partially by coming up with his own version called “Thefacebook”, which he asked his friend, Eduardo’s money to invest in creating it. Once complete, they distribute the link to Eduardo's connections at the Phoenix S-K final club, and it quickly becomes popular throughout the student body. The Winklevoss twins eventually found out and are furious with Zuckerberg’s manipulation, and so try to take him down. A few months later, at a lecture by Bill Gates, fellow Harvard University student Christy Lee introduces herself and her friend Alice to Eduardo and Mark. She asks that the boys "Thefacebook", impresses them. Christy became a girlfriend of Eduardo. More so, Mark decides to expand the site to more schools. Christy, Mark, and Eduardo later return to Mark's room where they outline the structure of the company and their plan for moving forward. At the same time, “Thefacebook” is becoming increasingly popular and soon extends to other elite universities, including Yale and Stanford, and later to Europe, reaching Oxford and Cambridge. This catches the attention of Napster creator, Sean Parker, who quickly forms a friendship with Zuckerberg and convinces him to become a part of the Facebook team. Eduardo is reluctant to put his faith in Parker, however Mark is impressed with Parker since he presented a similar vision of Facebook. Although no deals are reached, Parker suggests that they drop "The" from “Thefacebook” to make it simply "Facebook". Later, Parker and Zuckerberg backstab Eduardo Saverin by diluting his shares from 34% to 0.03% and removing his co-founder status. Saverin promises to come for revenge and leaves. Meanwhile, Zuckerberg realizes the mistake he had in putting his trust in Parker, when Parker is caught using cocaine during a party thrown of Facebook's 1 millionth member. As such, he kicks Parker out of the company as well. In the final scene, a junior lawyer for the defense informs Mark they will be settling with Eduardo, since the disreputable details of Facebook's founding and Mark's cynical personality will make a jury highly unsympathetic to him. The film ends with Mark sending a friend request to his former girlfriend Erica on Facebook, and refreshing the page every few seconds waiting for a response that never comes. The Winklevoss twins sue Zuckerberg for stealing their idea. The settlement takes over years, which the scene cuts to through the duration of the movie. Several final on-screen texts state that the Winklevoss twins agreed to a settlement of $65 million and signed a non-disclosure agreement. They later went on to row in the Beijing Olympics and arrive at sixth place. Eduardo received an unknown settlement and has his name placed back on the masthead as Facebook's Co-Founder. And now, Facebook has 500 million users in 207 countries and is valued at over $25 billion. Therefore, making Mark Zuckerberg the youngest self-made billionaire in the world.