I sure that there is nobody who does

I am going to write my essay about the most
successful entrepreneur and businessman- Mark Zuckerberg and his Facebook. I am
pretty sure that there is nobody who does not know him or has never heard about
his widely used Facebook program.

         Who is Mark Zuckerberg?

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now

Mark Elliot Zuckerberg, one of the
five co-founders of Facebook, was born on May 14, 1984, and grew up in
the suburbs of New York, Dobbs Ferry. He is the only son in the
educated family. His father, Edward Zuckerberg, was a dentist and had his own
dental center. His mother, Karen Zuckerberg, was a psychiatrist and
worked before birth of her children.

         Mark
got curiosity in programming yet in elementary school. His father taught him
ATARI BASIC programming and thanks to him, Mark used this program and created a
messenger, which was called “ZuckNet”. When he created this messaging app, he
was about 12 and it was considered to be the first and one of the most
important success of him. This program connected different computers and let
them transfer messages between each other using this app.

Mark is good at
not only creating such kind of programs, but also developing games. I watched a
film about him, which is called “Social Network” and was made in 2010. In this
film, he said that he developed games and gave them to Microsoft free, because
he was doing it just for having fun.

Later, Mark
Zuckerberg studied at the Academy of Phillips Exeter. He showed high results there
in different subjects and activities, but he still had interest to coding and
making new programs. He became known in developing software and some companies
wants him to join them.

In 2002, after
graduating Phillips Exeter, Mark Zuckerberg entered Harvard University. His
most successful years began at this university, while living in dormitory. I am
going to write about how his life was in Harvard and how he created Facebook
during study years through the film, which I watched about him.

         At
this university, there were many students from different rich families and Mark
called them the cream of society. They were joining to various clubs, hobby
groups and so on. Mark wanted to make a program to draw their attention to him.

         In
2003, once summer evening, after broke up with his girlfriend, Mark was drunk
and suffered from insomnia in his dormitory room.  He decided to create a program, in which all
pictures of students at Harvard could be found. He hacked the database of
Harvard, downloaded all pictures and made a program called FaceMash. This
program randomly selected two pictures of female students, and put them next to
each other, giving the option for voting. During only for hours, a lot of
students clicked to this program and due to exceeding the limit, Harvard server
was crashed. Mark Zuckerberg was accused of computer hacking and for sure, nobody
said “Good job!” to him and he received a six months academic distance.
Although this was a problem for him, but thanks to this program, Mark had
noticed that such kind of things cause a huge interest in society.

         After
making FaceMash, Mark was already known in Harvard and Divya Narendra,
who was co-founder of Harvard Connection, and his two partners, Tyler and
Cameron Winklevoss decided to work with him in order to create a social
network, which for Harvard students. In conversation with Mark, Divya Narendra
explained that they wanted to make a program, in which students could share
their photos, personal information and some useful links. The only needed thing
was to make a program and creating a special code that would let the system
work as quickly as possible. After meeting with them, Mark decided to join them
and began to work on Harvard Connection. While working on that, he found out a
fantastic idea for his own social network.

         In
February 2004, Harvard undergraduate Mark Zuckerberg and two of his roommates
built Facebook as an alternative to Harvard Directory. It differed from other
sites, because initially only Harvard students, who had “.edu” e-mail address, could
register. The domain name was TheFacebook.com, now known throughout the world
as Facebook.com.

         Mark
noticed that people had interest to whom they knew in real life. Facebook let
them find each other, communicate online and had fun together. It was something
new. “Add me on Facebook” was the most used word in Harvard during first weeks.
Within a month of the site’s launch, almost three quarters of Harvard students
had registered. “Facebook spread rapidly and by June 2004, it was serving about
30 colleges and more than 150000 users” (“Facebook Stares Down Success,”,
Fortune Magazine, November 28, 2005)

         This
was the unexpected success for Mark and his friends. After Zuckerberg and his
partner Eduardo Saverin noticed that people who registered on Facebook
increased day by day, they decided to hire new programmers. One of them was a
Mark’s neighbor, Darren Moskowitz, who opened the Facebook service to students
at Columbia University, Stanford, and Yale.

         At
that point, Mark decided to drop out university and moved to California to
pursue Facebook full time. (Cassidy, “Me Media.”)

Around the same
time after the IPO, Zuckerberg owned 503.6 million shares. And now Zuckerberg
controls nearly 60% of the company’s votes, 35% – Eduardo Saverin, and 5% went
to the newcomer Moskowitz. Another friend of Mark, Chris Hughes, was assigned
as the Press Attache of Facebook. (Mark Zuckerberg, “Success story of Facebook
Founder”, astrumpeople.com)

         Some
time later, the registration was opened to all students. The main thing was the
availability of an email address in the .edu zone, which also indicated a
person’s belonging to the education sector, without depending on kinds of
university. “The site was expanded to more than 800 college networks in the
United States” (Facebook, “Company Timeline,” Facebook press room)

It must be said that at first this worked out nicely. The
project attracted audience attention. When a user signed up, he had to add
detailed information about himself, and in addition to the email address in
the .edu zone, it was demanded to add a real profile picture. If people used
different pictures instead of real ones, their profiles were deleted.

         Facebook
became more popular and grew rapidly, that’s why Mark already needed new investors.
To finance him, Mark received first investment from Peter Thiel, who was the
co-founder of PayPal. He invested 500000 dollars and that amount was sufficient
for Facebook purposes. But Facebook evolved rapidly and for further development
of it, more investors were needed.

         In
May 2005, Facebook raised another 12.7 million dollars from Accel Partners and
Thiel at a rumored 100 million dollars valuation. Eleven month later, the
company obtained an additional 27.5 million from Greylock Partners, Meritech
Capital Partners, Accel and Thiel at a valuation reported to be about 500
million dollars. (Cassidy, “Me Media.”)

         By
2005, all students had an access to Facebook in all universities and educational
institutions of USA. However, Mark realized that not only students, but also
all people besides students had interest to this social network. That’s why he
decided to make an accessible registration for everybody in September 2006, and
with that “Facebook epidemic” started.

         However,
Facebook had many scandals after being famous among people.

Twin brothers
Cameron and Tyler Winklevoss and their partner- Divya Narendra accused Mark
Zuckerberg of stealing their idea. They claimed that in 2003,  they hired Mark Zuckerberg to help them to
complete the establishment of the social network HarvardConnection.com.  According to them, Zuckerberg did not respond
to their e-mails and always postponed to meet with them, saying he was busy and
never provided them with the results of his work, but used the original source
code to create Facebook.

In the same year, Narendra and the Winklevoss twins
launched their own network renamed to ConnectU. And they continued to attack on
Mark Zuckerberg, complaining Harvard administration and The Harvard Crimson
newspaper. Initially, Mark Zuckerberg pressed journalists not to publish the
investigation: he showed them what supposedly he did for HarvardConnection, which
responds he wrote them and explained that those developments did not have any relation
to Facebook. But very unexpectedly, another Harvard student – John Thomson – in
personal conversations started saying that Zuckerberg stole one of his ideas
for Facebook. Subsequently, the newspaper decided to publish these complains,
and it offended Mark Zuckerberg very much. All these conversations were shown
in the film as well.

Zuckerberg took
revenge on The Harvard Crimson. According to Silicon Alley Insider, in 2004, he
broke the mailboxes of two journalists from The Harvard Crimson, using Facebook.
He found users who were involved in the newspaper and browsed their logs (i.e.
history) of incorrectly entered passwords in Facebook. Zuckerberg’s
expectations were met: two employees of the newspaper absentmindedly tried to
login Facebook with passwords from their mailboxes. Silicon Alley Insider wrote
that Zuckerberg got lucky: he had a chance to read the correspondence about him
between the editorial office and HarvardConnection.

The Winklevoss twins and Narendra filed a lawsuit against
Mark Zuckerberg, but the court rejected their claim. They were persistent and
filed another lawsuit. This time, the court examined the code sources to
understand whether they were actually stolen. But the truth was still not
clear. The examination results were not announced. In 2009, Zuckerberg agreed
to pay $45 million ($20 million in cash, and the remaining amount in Facebook
shares) ConnectU as part of the court settlement. The case was closed. By that
time ConnectU had less than 100,000 users, Facebook boasted about 150 million
users.

The Winklevoss twins yet did not calm down and filed a
petition in the U.S. Court of Appeals, but they were denied a retrial.
According to their lawyer Jerome Falk, the appellate court refused to take a
review of the case based only on the parties’ settlement agreement, which
states that members of the trial after the signing of the document does not
have the right to resume the trial. In counsel’s view, the decision was
illegal, as Mark Zuckerberg in a proceeding in 2008 provided false information
about the company’s value.

On May 17, 2011, Cameron and Tyler Winklevoss filed
another lawsuit against the owner of Facebook Mark Zuckerberg to the U.S.
Supreme Court. That was the latest attempt by the brothers to make the
court reconsider the case.

In 2007, the
most important thing happened on Facebook. Microsoft acquired 1.6% equity stake
in Facebook for an impressive amount of $240 million dollars. On this basis, a
number of analysts suggested that the total value of Facebook reached $15
billion. Quite good results for the company, whose income did not exceed $200
million a year. After the deal, Bill Gates created an account on Facebook. He used to spend several
hours a day to communicate through Facebook with everyone, but after a time
decided to close his account for some time, because there were too many people
willing to chat with him. Physically, he was not able to chat with all of them.
However, Gates provided a major PR campaign for Facebook worldwide. This is of
particular importance for Microsoft, given that it had an exclusive advertising
agreement with the social network until 2011.

The main key attribute
that Zuckerberg acquired was his creativity. He is a person, who can
easily draw conclusions from what he hears. According to the film that I
watched, I decided so. Once his friend came to him, and asked about one girl
that he liked and did not know she had a boyfriend or not. After that Mark
decided to add “Relationship” part into Facebook. In 2005, Facebook added photo
sharing features which allowed to all users to share their photos with their
friends.

         In
2006, Facebook added News Feed as well, which showed what your friends were
doing. For example, if somebody shared a photo or became a friend with another
person, or update a status, every friend of him saw these news in their main
page of Facebook.

         In
2011, Mark added “Facebook Timeline” which showed all information about a
person. If somebody wanted to know something about one of his friend, he
entered his timeline and saw all activities which he added to his Facebook.

        

         

x

Hi!
I'm Rick!

Would you like to get a custom essay? How about receiving a customized one?

Check it out