2. the beginning
A Harvard University student
with a reputation of a
computer whiz never
programmed to become rich :
MARK ZUCKERBERG
3. โข One of Markโs project was an
online social network to connect
the students of Harvard.
โข This network was well known as
Thefacebook.com
4. Users could create profile pages
with their photos, personal info,
their likes etc.
It was a great success!!
Thefacebook.com
5. โข Zuckerberg hired a few people. One of
them was his roommate Dustin Moskovitz.
โข The website spread like a wildfire to
various universities
โข Soon it was across 34 campuses with
100,000 users.
the next step
7. โI know this
sounds corny .
But, Iโd love
to improve
peopleโs lives,
especially
socially.โ-Mark Zuckerberg
(2004)
8. โข As the users grew Mark realised he would have to find
some source of revenue.
โข Also Mark received many offers to sell the business for
high prices but he declined.
โข He met with PayPalโs cofounder , Peter Thiel , who
offered a loan of $500,000 in return for 10% stake in the
company.
โข Later Mark also made a deal with Accel Partners after
which the business came to be known as Facebook.
the financial status
9. โข Zuckerberg now encouraged advertising on
FB.
โข He also added some new features like News
Feed. But this dint seem to work out for the
public. They protested as they felt they dint
have any privacy on FB.
โข After this he worked on apps for Facebook.
For eg: Games like scrabble & Beacon.
โข He kept adding more features.
new features