MARK ZUCKERBERG
Mark Zuckerberg is the founder and CEO of Facebook, which he started in his college dorm room in 2004 with roomates Together with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes, Zuckerberg launched Facebook from Harvard's dormitory rooms.
Zuckerberg is responsible for setting the overall direction and product strategy for the company. He leads the design of Facebook’s service and development of its core technology and infrastructure. Mark studied computer science at Harvard University before moving the company to Palo Alto, California.
Earlier in life, Zuckerberg developed a music recommendation system called Synapse and a peer-to-peer client called Wirehog. However, he abandoned both to pursue new projects.
Zuckerberg attended Harvard University and studied computer science before founding Facebook.
While at Harvard, Zuckerberg created Facemash, a website that compared students’ dorm photos side-by-side in a fashion similar to HOT or NOT. Harvard administration was not amused, and Zuckerberg faced subsequent disciplinary action. Less than three months later, he launched Facebook.
In September 2010, Zuckerberg donated $100 million to the Newark Public School System to help renovate and revamp the system.
Zuckerberg won the 2007 Crunchie Award for ‘Best Startup CEO.’ He was the Time Magazine 2010 Person Of The Year. He also won the 2012 Crunchie Award for CEO of the year.
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Early years
Zuckerberg began using computers and writing software in middle school. His father taught him Atari BASIC Programming in the 1990s, and later hired software developer David Newman to tutor him privately. Newman calls him a "prodigy", adding that it was "tough to stay ahead of him". Zuckerberg took a graduate course in the subject at Mercy College near his home while still in high school. He enjoyed developing computer programs, especially communication tools and games. In one such program, since his father's dental practice was operated from their home, he built a software program he called "ZuckNet" that allowed all the computers between the house and dental office to communicate with each other. It is considered a "primitive" version of AOL's Instant Messenger, which came out the following year.
According to writer Jose Antonio Vargas, "some kids played computer games. Mark created them." Zuckerberg himself recalls this period: "I had a bunch of friends who were artists. They'd come over, draw stuff, and I'd build a game out of it." However, notes Vargas, Zuckerberg was not a typical "geek-klutz", as he later became captain of his prep school fencing team and earned a classics diploma.Napster co-founder Sean Parker, a close friend, notes that Zuckerberg was "really into Greek odysseys and all that stuff", recalling how he once quoted lines from the Roman epic poem Aeneid, by Virgil, during a Facebook product conference.
During Zuckerberg's high school years, under the company name Intelligent Media Group, he built a music player called the Synapse Media Player that used artificial intelligence to learn the user's listening habits, which was posted to Slashdot and received a rating of 3 out of 5 from PC Magazine. Microsoft and AOL tried to purchase Synapse and recruit Zuckerberg, but he chose instead to enroll at Harvard in September 2002.
College years
By the time he began classes at Harvard, Zuckerberg had already achieved a "reputation as a programming prodigy", notes Vargas. He studied psychology and computer science as well as belonging to Alpha Epsilon Pi, a Jewish fraternity.In his sophomore year, he wrote a program he called CourseMatch, which allowed users to make class selection decisions based on the choices of other students and also to help them form study groups. A short time later, he created a different program he initially called Facemash that let students select the best looking person from a choice of photos. According to Zuckerberg's roommate at the time, Arie Hasit, "he built the site for fun". Hasit explains:
We had books called Face Books, which included the names and pictures of everyone who lived in the student dorms. At first, he built a site and placed two pictures, or pictures of two males and two females. Visitors to the site had to choose who was "hotter" and according to the votes there would be a ranking.
The site went up over a weekend, but by Monday morning the college shut it down because its popularity had overwhelmed one of Harvard's network switches and prevented students from accessing the Internet. In addition, many students complained that their photos were being used without permission. Zuckerberg apologized publicly, and the student paper ran articles stating that his site was "completely improper".
The following semester in January 2004, Zuckerberg began writing code for a new website. He was inspired, he said, by an editorial inThe Harvard Crimson about the Facemash incident however subsequent events have revealed this to be untrue. On February 4, 2004, Zuckerberg launched "Thefacebook", originally located at thefacebook.com.
Six days after the site launched, three Harvard seniors, Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra, accused Zuckerberg of intentionally misleading them into believing he would help them build a social network called HarvardConnection.com, while he was instead using their ideas to build a competing product. The three complained to the Harvard Crimson, and the newspaper began an investigation. The three later filed a lawsuit against Zuckerberg, subsequently settling.The agreed settlement was for 1.2m Facebook shares which were worth $300m at Facebook's IPO.
Zuckerberg dropped out of Harvard in his sophomore year to complete his project.
Career
: Facebook, History of Facebook, and Timeline of Facebook
Facebook
Zuckerberg launched Facebook from his Harvard dormitory room on February 4, 2004.An earlier inspiration for Facebook may have come from Phillips Exeter Academy, the prep school from which Zuckerberg graduated in 2002. It published its own student directory, “The Photo Address Book,” which students referred to as “The Facebook.” Such photo directories were an important part of the student social experience at many private schools. With them, students were able to list attributes such as their class years, their friends, and their telephone numbers.
Once at college, Zuckerberg's Facebook started off as just a "Harvard thing" until Zuckerberg decided to spread it to other schools, enlisting the help of roommate Dustin Moskovitz. They began with Stanford, Dartmouth, Columbia, New York University, Cornell, Penn, Brown andYale.Samyr Laine, a triple jumper representing Haiti at the 2012 Summer Olympics, shared a room with Zuckerberg during Facebook's founding. "Mark was clearly on to great things," said Laine, who was Facebook's fourteenth user.
Zuckerberg moved to Palo Alto, California, with Moskovitz and some friends. They leased a small house that served as an office. Over the summer, Zuckerberg met Peter Thiel who invested in the company. They got their first office in mid-2004. According to Zuckerberg, the group planned to return to Harvard but eventually decided to remain in California.They had already turned down offers by major corporations to buy the company. In an interview in 2007, Zuckerberg explained his reasoning: "It's not because of the amount of money. For me and my colleagues, the most important thing is that we create an open information flow for people. Having media corporations owned by conglomerates is just not an attractive idea to me."
He restated these goals to Wired magazine in 2010: "The thing I really care about is the mission, making the world open." Earlier, in April 2009, Zuckerberg sought the advice of former Netscape CFO Peter Currie about financing strategies for Facebook. On July 21, 2010, Zuckerberg reported that the company reached the 500 million-user mark.
When asked whether Facebook could earn more income from advertising as a result of its phenomenal growth, he explained:
I guess we could ... If you look at how much of our page is taken up with ads compared to the average search query. The average for us is a little less than 10 percent of the pages and the average for search is about 20 percent taken up with ads ... That’s the simplest thing we could do. But we aren’t like that. We make enough money. Right, I mean, we are keeping things running; we are growing at the rate we want to
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