How Mark Zuckerberg make this Big | Success Story
In today’s blog we are talking about what make Mark Zuckerberg successful, the youngest billionaire in the world who created the Facebook a social network with 1 billion active users monthly.
In old days people did not have such opportunity, but now everything has changed. Thanks to Facebook people around the world can easily keep in touch with all their friends, family and colleagues. However, Facebook is not limited only to acquaintances and communication. There are number of groups and fan pages that help people to connect together and also help them to create community events to get together .
Inception of facebook
Their Journey to reach at top started On February 2004 ,Mark Zuckerberg and co-founders Dustin Moskovitz and Chris Hughes founded Facebook from their Harvard dorm room. After that they worked to expand Facebook from Harvard to Stanford, Columbia and Yale.
In June,Then decided to their base of operations to Palo Alto, Calif and with end of year Facebook involved approximately 1 million active users.
In the month of may, 2005 Mark raised his first capital of $12.7 million in venture capital from Accel Partners and the company extended to affirm more than 800 college networks.On August 2005, Facebook got its name as Mark officially changes the company name to Facebook from the facebook.com.
Then Company started to integrate high school networks.
Facebook manage to successfully involved more than 5.5 million active users By the End of 2005
After that facebook raised $25 million from Greylock Partners and Meritech Capital Partners.
Facebook launched development platform and application On August 2006 . In the same month Facebook and Microsoft form strategic association.
In January 2010, TIME magazine named Facebook founder, Mark Zuckerberg a 26-year old billionaire the “Person of the Year 2010”
Mark Zuckerberg named TIME‘s person of the year 2010
That year Lady Gaga, James Cameron and founder of WikiLeaks, Julian Assange, were struggling for this title. However, TIME magazine chose Facebook founder Mark Zuckerberg. According to Richard Stengel, TIME editor-in-chief – ‘Today, Facebook is the third largest company in the world that connected almost every tenth person on the planet,’ – explained their choice.
In the same year Forbes magazine also admitted Mark Zuckerberg as the youngest billionaire in its list to the state of $4 billion.
In 2012 Facebook acquired Instagram, a photo and video sharing social media platform for whooping $1 billion. Then Two years later, the company acquired Whatsapp, a mobile messaging app for for $22 billion.
Forbes magazine in 2015 Published the list of 400 richest people in the United States, and for no surprise Zuckerberg hold 7th place with a net worth of $40.3 billion.
According to Forbes, Mark Zuckerberg has a net worth of $63.5 billion as of July 2018. The company reported that daily active users averaged 1.47 billion for June 2018.
Mark Zuckerberg married his longtime girlfriend Priscilla Chan in Palo Alto, California on May 19, 2012. They are blessed with two daughters Maxima Chan Zuckerberg and August Chan Zuckerberg.
So here’s a wrap. Hope you get Inspired !!! THANKS