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Mark Zuckerberg


Mark Zuckerberg and the growth of facebook


 Mark Zuckerberg was born May 14, 1984, in White Plains, New York. He is who co-founded the social-networking website and Facebook when out of his college dorm. He left Harvard university after his sophomore year in order to concentrate on the site, the user base of which has grown to more than two billion people, making Zuckerberg a billionaire.

In 2005, Zuckerberg's enterprise received a huge growth from the venture investment firm Accel partners. Accel invested $12.7 million into the network, which at the time was open only to ivy league students. Then Zuckerberg's company granted access to other colleges, high schools and international schools, pushing the site's membership to more than 5.5. million users on December 2005. At that time the site bagan attracting the interest of other companies, who wanted to advertise with the popular social center. Not wanting to sell out, Zuckerberg turned down offers from companies such as Yahoo!, and MTV Networks. Instead, he concentrate on expending the site, opening up his project to outside developers, and adding more features. 

He seemed to be going nowhere but up, however in 2006, the business mogul faced his first big barrier. The creators of Harvard Connection claimed that Zuckerberg stole their idea, and insisted the software developer needed to pay for their business losses. Zuckerberg maintained his ideas were based on two different types of social networks. After lawyers searched Zuckerberg's records, incriminating Instant Messages revealed that Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection and offered Facebook user's private information to his friends.
Zuckerberg later apologized for messages, saying he regretted them. "If you are going to to build a service that is influential and that a lot of people rely on, then you need to be mature, right?".

Zuckerberg continued to face another personal challenge when the 2009 book The Accidental Billionaires, by writer Ben Mezrich, hit stores. Mezrich was heavily criticized for his re-telling of Zuckerberg's story, which used invented scenes, re-imagined dialogue and fictional characters. Regardless of how true-to-life the story was, Mezrich managed to sell the rights of the tale to screenwriter Aaron Sorkin, and the critical acclaimed film The Social Network received eight Academy Award nominations.

Zuckerberg objected strongly to the firm's narrative, and later told a reporter at The New York that many of the details in the firm were inaccurate, He also said he never had interest in joining any of the final clubs. "It's interesting what stuff the focused on getting right, every single shirt and fleece that I had in that movie in actually in shirt or fleece that I own", he told a reporter at a start-up conference in 2010. " So there are this staffs that they got wrong and a bunch of random details that the got right."

However Zuckerberg and Facebook continued to succeed, in spite of the criticism. Time magazine named him "Person of the year in 2010", and Vanity Fair placed him at the top of their New Establishment list. Forbes also ranked Zuckerberg at No.35-beating out Apple CEO  Steve Jobs on its "400" list, estimation his net worth to be $6.9 billion.










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