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Mark Zuckerberg. From the beginning…. Born on May 14, 1984 in White Plains, NJ to Edwards and Karen Zuckerberg . A child prodigy, spent most of his time using computers and creating software.
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From the beginning… • Born on May 14, 1984 in White Plains, NJ to Edwards and Karen Zuckerberg. • A child prodigy, spent most of his time using computers and creating software. • In high school Mark developed a music player that worked on artificial intelligence, Synapse Media Player, could pick up its user’s listening habits. • Microsoft and AOL made offers but Mark refused.
College life… • In 2002 he began his college career at Harvard University where he studied computer science and psychology. • While at Harvard he wrote various softwares, one name Facemash, a program in which the students could vote who was better looking. • Was shutdown on the grounds of privacy and being completely improper. • Next was CourseMatch, which helped students choose their classes based on the course selection of other users.
Social Networking? • From the buzz of his previous projects three classmates, DivyaNarendra, Cameron and Tyler Winklevoss asked him to create a networking site they would call Harvard Connection. • He dropped out from helping so he could work on his on social networking site. • He created Facebook while at Harvard with the help od Dustin Moskovitz, Chris Hughes, and Eduardo Saverin. The site allowed users to create their own profile, upload phots, and communicate with other users.
His dream.. • To fulfill his dream, Mark moved to Palo Alto, VA with his close friends where they lid the solid foundations of Facebook. • Huge investments came from: • Peter Thiel • Venture Capital firm “Accel Partner”- $12.7 million • With the help from their investments they were able to cross the boundaries of the ivy league schools. • By December 2005, Facebook had almost 6 million users worldwide.
Setbacks… • In 2006, Mark faced his biggest hurdle. • The creators of Harvard Connection claimed that mark stole their idea and insisted the software developer needed to pay for their business losses. • Mark maintained that the ideas were based on two very different types of social networks but after lawyers search Mark’s records, incriminating messages revealed that Mark may have intentionally stole the intellectual property of Harvard Connection and offered Facebook users’ private information to his friends.
Settling… • He later apologized for the messages, and regretted them. “ If you’re going to go on to build a service that is influential and that a lot of people rely on, hen you need to be mature, right? I think I’ve grown and learned a lot” • An initial settlement of $65million was reached between the parties but the legal dispute matter continued well into 2011after Narendra and the Wilkvosses claimed they were misled in regards to the value of their stock.
“The Social Network” • In 2009, Ben Mezrich wrote a book The Accidental Billionaires, which was about Mark but had used invented scenes and fictional characters and re-imagined dialogue. Regardless of how true the story was, Mezrich, sold the rights to screenwrite Aaron Sorkin and the film “The Social Network”, went on to receive 8 Academy Award nominations. • For one he had been dating Priscilla Chan, since 2003 and never had interest in joining any clubs at Harvard.
Going Public • In 2012, he made two major life changes. • Facebook has its initial public offering, which raised $16 billion, biggest internet IPO in history. • He personally negotiated the company deal to buy Instagram for $1billion.
Most recently… • Wed his longtime girlfriend at his home in Palo Alto, CA. • May 2013, Facebook made the Fortune 500 list making Mark at the age of 28 the youngest CEO on the list. • Mark Zuckerberg is work $19.8 Billion • Annual Salary is $1.00 per year..yes! You read that correctly.
