MARK ZUCKERBERG OF

FACTS
Born on May 14,1984 in white plains, New York Grew up in Dobbs Ferry , New York Jewish Family His dad a Dentist & mom is a Doctor

EDUCATION & SOCIAL LIFE

Started High School Education at Ardsley High School, New York Transferred to Philip Exeter academy, New Hampshire After High School next stop Harvard University Interested in Communication & games from Middle school

CONTD
Created a communication programme for the workers in his Dads Office. First Achievement Synapse which used artificial Intelligence to learn listeners habits Microsoft & AOL tried recruit him Instead he went to Harvard He joined the Jewish Fraternity Alpha Epsilon Pi at Harvard.

HOW WAS IT NAMED ?

Face book Student Directory Contained Information about student & their pictures Most common thing among students Also contained Information about Faculty

CONTD
On September 26, 2006 Face book opened to everyone over the age of 13 with a valid Email Address Three Harvard seniors accused Zuckerberg of stealing their idea for the site Their site was going to be called HarvardConnection.com

CONTD
Zuckerberg had originally planned to help them with their site He Already had facebook in the works when they wanted him to make Harvard Connection After Facebook.com was launched they launched ConnectU

THE LEGAL TUSSLE

September 2004 ConnectU sued Zuckerberg for allegedly stealing their Idea. In February 2008 they agreed to settle the suit In June of same year Connect U reaccused Facebook They Accused facebook of trading its stock without disclosing material information. This appeal is ongoing.

The Financial Side

The very first investor was Eduardo Saverin. He invested $15,000 to pay for the first servers. Peter Theil, former PayPal CEO, who invested $500,000 in June 2004.

Zuckerberg Today
Zuckerberg has a net worth of $13.5 Billion. One of the youngest billionaire in the world at the age of 26. 52nd on Forbes billionaires list.

WHAT EXACTLY IS FACEBOOK ?

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

Face book's Mission

Zuckerberg created 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 in their world.

Title

BE OPEN WITHOUT LOSING SIGHT OF YOUR GOALS Facebook grew because of Zuckerbergs flexibility & willingness to change his product Based on consumer demand & Financial Opportunities. Users were never charged. Profits only came from advertisments

STRIVE TOWARDS BUILDING COMMUNITIES NOT PROFITS

It was started out as a directory to help students & better connect with one another Never was launched as a lucrative money making venture but it became one eventually. People love it when the emphasis is laid on them.

ENGAGE PEOPLE
Zukerberg used the Humans Inherit nature of Interaction and allowed them to a venue through which they could connect without paying a cent. Over time the site expanded its offerings to let them share pictures,chat,play games etc.

PEOPLE YEARN FOR TRUE FRIENDSHIP

We as human beings need friends. We need to be connected to others or somehow need to be belonged to a group or a community.

DO NOT DISMISS OLDER DEMOGRAPHICS

Demographics beyond the initial college & high school Students logically built up the main principles of social networking, However Older individuals also enjoy playing games such a Farmville & mafia Wars.

SOMETIMES SIMPLE IDEAS ARE MOST PROFITABLE

Facebook was not an original idea. All Zukerberg did was build upon what was already there using new technologies and he began by creating a small network for Harvard Students and Initially expanding it from there. Facebook has a simple principle.CONNECT PEOPLE.

STICK WITH WHAT YOU KNOW

Its Always a good idea to stay within known abilities. Never try and push something that does not fit. Zuckerberg succeeded because he started a project based on strengths and experiences. Their computer science background led to computer science Undertaking.

DREAM BIG & THINK LONG TERM

While his schoolmate and business partner Eduardo Saverin kept impatiently nagging him to get advertisers and cash in on their fast growing website he wisely resisted because he was aiming bigger. It is said It is better to catch a huge marlin in the long term instead of just 14 small trout's now.

INVEST WISELY
Eduardo Sarvins initial investment was only $1000 in 2004.Later he contributed more $18,000 from his parents. As of January 4th 2011 he hold a total stake of $1.5 Billion. One should Invest wisely rather than foolishly.

HAVE PASSION
Zuckerberg had passion believed in what he was and what he is still doing, he would up till the wee hours in the morning programming code on his laptop while his friends were out partying. Thats called PASSION