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Monday, January 12, 2009

Mark Zuckerberg-The Face of Face Book

Mark Zuckerberg born May 14, 1984 (age 24), White Plains, New York

Mark Zuckerberg launched Facebook from his Harvard dorm room on February 4, 2004. It quickly became a success at Harvard and more than two-thirds of the school's students signed up in the first two weeks. Zuckerberg then decided to spread Facebook to other schools and enlisted the help of roommate Dustin Moskovitz. They first spread it to Northwestern, UCLA, Harvard and Yale and then to other Ivy League colleges and schools in the Boston area, including Boston University and Boston College. By the beginning of the summer, Zuckerberg and Moskovitz had released Facebook at almost forty-five schools and hundreds of thousands of people were using it.



On October 24, 2007, Facebook Inc. sold a 1.6% stake to Microsoft Corp. for $240 million, spurning a competing offer from online search leader Google Inc. This would indicate that Facebook had a market value of $15 billion at the time of the sale.

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