Assignment 1
Assignment 1
Assignment 1
Roll.No: 1819
Mark Zuckerberg :
Career
In the summer of 2004 the trio moved their headquarters to Palo Alto, California, where
Zuckerberg talked venture capitalist Peter Thiel into giving them seed money. Zuckerberg
dropped out of Harvard to concentrate on the fledgling company, of which he became CEO
and president. In May 2005 Facebook received its first major infusion of venture
capital ($12.7 million). Four months later Facebook opened to registration by high-school
students. Meanwhile, foreign colleges and universities also began to sign up, and by
September 2006 anyone with an e-mail address could join a regional network based on
where he or she lived. About that time Zuckerberg turned down a $1 billion buyout offer
from Yahoo!, but in 2007 Facebook struck a deal with Microsoft in which the software
company paid $240 million for a 1.6 percent stake in Facebook; two years later Digital Sky
Technologies purchased a 1.96 percent share for $200 million. In 2008 Zuckerberg’s
new worth was estimated at about $1.5 billion. After Facebook’s initial public offering (IPO)
of stock in 2012, Zuckerberg’s net worth was estimated at more than $19 billion.
Other projects
Philanthropic Works :
Milestone :
Facebook Closes in on New Milestone of 3 Billion Total Users Across its Platforms. Amid
the uncertain impacts of COVID-19, Facebook has published its latest earnings report,
showing double-digit increases users and revenue – though it has warned of a more
significant slowdown on the horizon
Family & Personal Life :
Mark Zuckerbergis married to Pricilla Chan and they have a daughter, Maxima Chan
Zuckerberg . Pricilla Chan who is Co-founder and co-CEO of Chan Zuckerberg Initiative
Conclusion :
Submit the profile summary of a successful entrepreneur including milestone
Achievements