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Face Book: Mark Zuckerberg

Mark Zuckerberg founded Facebook in 2004 while attending Harvard University. He created the site as a social network for Harvard students, which quickly expanded to other colleges and became open to the general public. Facebook grew rapidly and is now a major social media platform with over 500 employees and over 250 million users. Zuckerberg remains the CEO and has a net worth of over $4 billion, making him one of the youngest billionaires in the world.

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79 views19 pages

Face Book: Mark Zuckerberg

Mark Zuckerberg founded Facebook in 2004 while attending Harvard University. He created the site as a social network for Harvard students, which quickly expanded to other colleges and became open to the general public. Facebook grew rapidly and is now a major social media platform with over 500 employees and over 250 million users. Zuckerberg remains the CEO and has a net worth of over $4 billion, making him one of the youngest billionaires in the world.

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R4RAJU
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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FACE BOOK

MARK ZUCKERBERG

The Facts:
Born on May 14,1984 in White Plains , New York to Edward and Karen Zuckerberg Grew up in Dobbs Ferry, New York Jewish family His dad is a dentist and his mom is a doctor

Education & Social Life


Zuckerberg started his high school education at Ardsley High School in Ardsley, New York , but he found that this school wasnt challenging him enough so he transferred to Philips Exeter Academy, a boarding school in Exeter, New Hampshire After graduating high school , he attended Harvard University but dropped out after his sophomore year

Started programming in middle school and he was very interested in creating communication programs and games Created a communication program to help the workers in his dads office and a computer version of the game Risk He also created a music program called Synapse which used artificial intelligence to learn about the users listening habits

Because of Synapse, Microsoft and AOL tried to recruit Zuckerberg and buy his program but he decide to go to Harvard instead While at Harvard he joined the Jewish fraternity Alpha Epsilon Pi and was known for reciting lines from epic poems such as The llliad

Where did the name come from?


An actual facebook is a student directory that is published by a school every year with pictures of all students faculty and staff These facebooks were a very common thing among most colleges and prep schools

How it began and bumps along the way


On oct 28,2008 Zuckerberg was blogging about a girl who had dumped him when he got the idea to create Facemash Facemash was a Harvard version of Hot or Not. It compared two people and the users voted on which one was hotter Zuckerberg hacked into Harvards computer network to obtain the pictures of students from the different dorms online facebooks

The site was shut down a few days later by the Harvard administration and Zuckerberg faced expulsion but the charges were dropped Later that semester he expanded on his initial site by uploading for an art history final and allowing comments on the images so the students could share their notes .The professor said it had the best grades of any final he had ever given .

Inspired by an article in The Harvard Crimson about the Facemash incident Zuckerberg started writing code for a new site On Feb 4, 2004vhe launched the facebook.com Within 24 hours the site had between 12 and 15 hundred members Membership was originally restricted to Harvard students but gradually expanded to most colleges in the US and Canada

In 2004 the company incorporated and moved to Palo Alto, California. Sean Parker, who had been advising Zuckerberg became the companys president The company bought the domain name facebook for $200,000 in 2005 dropping the from the name On September 26,2006 Facebook opened to everyone over the age of 13 with a valid e-mail address Soon after facebook was first created ,there Harvard seniors accused Zuckerberg of staling their idea for the site . Their site was going to be called Harvard connection.com

Zuckerberg had originally planned to help them with their site but he already had facebook in the works when they wanted him to make Harvard connection A few month after the facebook.com was launched they launched their site which they called connectU instead of Harvard connection

The Financial Side


The very first investor in Facebook was technically Zukerbergs friend from Harvard , Eduardo saverin. Although Saverin was the really the first , the person who gets most credit for being the first investor is Peter Theil , former PayPal CEO , who invested $500,000 in June 004

Zuckerberg Today
Zuckerberg has a net worth of $4 billion He is the youngest billionaire in the world at the age of 25 212 richest person on the Forbes richest people list

What type of business is FACEBOOK


Facebook is a privately owned and operated social network site owned by Facebook incorporated.

Facebooks Mission
Zuckerberg created Facebook as a way for people to share information and access information. If they have the ability to do this they are able to connect more with the people around them and understand more of what is going on their world.

Interesting Facts
Microsoft wanted to invest in Facebook but was originally turned down . Now they own 1.6% of the companys shared. Facebook has over 500 full time employees and is worth about $15 billon On Novembers30, 2007 the 11th richest man in the world. Li ka- shing .Invested $60 million dollars in the company There are over 250 million registered users on Facebook

Over 1 billion photos and 10 million videos are uploaded to Facebook each month The age group that uses Facebook the most is 35-45 years.

Conclusion

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