Mark Zuckerberg Michael Plasmeier and Chris Mullen.

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Presentation transcript:

Mark Zuckerberg Michael Plasmeier and Chris Mullen

Early Life Jewish Born and raised in Dobbs Ferry, NY Attended Ardsley High School and the Phillips Exeter Academy (boarding school) Recruited by Microsoft and AOL in his senior year But choose to go to Harvard

Harvard Harvard did not distribute a student directory He hacked into the school’s records and put up Facemash which was similar to Hot or Not He got into a lot of trouble from the admins Still it was the precursor to Facebook

Art History Class 2 days before an art history final he realized he didn’t know the 500 images he was suppose to He set up a site and put the images online All of his classmates commented on the images and they all had the notes for the class

Business Started He tried his face book concept again with thefacebook.com (Feb 4, 2004) This time it was voluntary Within 2 weeks half of Harvard had signed up Within a few months it has spread to other universities

Early Years of Business At the end of Sophmore year Mark moved out to Palo Alto into a rented apartment near Stanford He ran into and roomed with Napster co- founder Sean Parker who introduced him to the ways of the Valley Parker introduced Mark to Facebook’s first major investor PayPal co-founder Peter Thiel

Growth and Success Mark decided to leave Harvard and work on Facebook full time The moved around from office to office just barley getting by By fall 2005, they received $12.7 million more financing and had 5 million monthly active users

Making Money Advertising Sponsorships Sometimes misguided attempts like the Facebook Beacon Or “social advertising” – Are being sued for using someone’s name in an ad

Successful Characteristics Motivated Has technical experience Determined Creative Persistent