Sunday, October 6, 2019
Movie on Social Network Essay Example | Topics and Well Written Essays - 750 words
Movie on Social Network - Essay Example Facebook is one of the most leading social networking websites. According to a survey it has more than 800 million active members. But the Facebook did not come from thin air like that. In fact the idea evolved from Facemash, the predecessor to Facebook. On October 2003, Mark Zuckerberg while attending Harvard as an undergraduate made this site in which pictures of girls from the nine houses, placing two next to each other were compared as hot or not. However, authorities took notice and Mark was charged for violating rules and breaching security. But this incident gave Mark his first recognition. Though initially promising his expert programming skills in making a social network HarvadConnections.com to his seniors, Mark changed his mind. And with the help of his friends especially Eduardo Saverin , who was the co founder and did the initial investment, launched ââ¬Å"The FACEBOOKâ⬠. During the course time Mark met the entrepreneur Sean Parker, who advised him on various matters. And in summer 2004, base of operations was shifted to California Investors like Peter Theil from PayPal invested in and THE FACEBOOK became FACEBOOK. By that time it had over 300,000 members, 160 schools including 5 in Europe. Various features like relationship status, nonstop server, tagging pictures and the ââ¬Å"wallâ⬠were introduced. At this time shares were allotted, Mark 51%, Eduardo 34.4%, and Sean7 % and so on. Later Eduardo 34.4%, were diluted to0 .03% and was thrown out of the company as more companies were coming in, and Sean became the President of the company (Fincher, 2010). Celebrating their millionth member party Sean was caught by the cops on using drugs. At that point, the seniors from Harvard had filed a case in the federal court against the facebook, and claimed that it was initially their idea. Eventually, they received settlement money and signed a non
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