Saturday, April 28, 2018

Startup of Facebook (Mark Zuckerberg)


Mark Zuckerberg was a Harvard freshman. Less than a decade later he is the face of the multi-billionaire power broker that connects over one billion people around the world. Currently, he is the only 33 and is one of the five founders of the biggest social network, FACEBOOK.
 In 2016, his network’s estimated worth was $48.9 billion, which also makes him one of the youngest billionaires on this planet. His coding experience begin with learning the Atari BASIC programming with the help of his father, but he was learning so fast that his dad needed to hire a professional developer just to train him. While he was still in school, he took a college graduate program in computer programming, he built a program called Zucknet with a computer at home could communicate with his father’s computer at his dental practice.
He also used his creativity to built computer games, often out of ideas his friends were draw from him.
In college, he was already known as programming prodigy due to the work he had done in high school. In the college he wrote a program called CourseMatch that help students make decision about the courses they wanted to take, based upon the choices of others. In Harvard, the students have books called facebooks that they have names and pictures of people. Mark build a website that randomly showed two pictures of males and two of females on it. People that visited the site had to choose which person was hotter.
This site was called FaceMash and it went up in just one week, it was built just for fun but it became so popular that the college shut it down because of its popularity, as it caused the Harvard servers to crash because of the heavy load it caused and also some students didn’t liked the idea of their pictures being used without their permission, and Mark Zuckerberg was forced to apologized for his action. In 2004, he begin to writing a new website which he called TheFacebook along with Eduardo Saverin, Andrew McCollum, Chris Hughes, and Dustin Moskovitz was the other co-founders of the website. The site was initially just a Harvard site, but soon expanded to other colleges and universities. The social project started getting momentum really fast and Mark Zuckerberg decided to drop out of college and dedicate his time entirely to website. He and his team moved in a small house in Palo Alto, which later became the office of the young enterprise.
By 2005 TheFacebook was renamed as just “FACEBOOK”. The site opened up to anyone over age 13 in 2006. By 2007 the site had over 100,000 businesses listing their companies on Facebook and creating pages. By 2011 it became the largest photograph host and had over 350 million people accessing the website.
On May 18th, 2012, Facebook made its IPO offering 421 million shares to private investors at a price of $38, this set the value of the whole company at $104 billion, which made the Facebook the biggest business going public till then almost everybody wanted to buy a base of the blooming social miracle. So raising almost $16 billion from the market was like the walk in the park. The end result of this hard work is one of the world’s biggest social media and online business.

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Startup of Google (Larry Page)

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