Connect with us

Entrepreneur Stories

The Creation Of Facebook!

Published

on

The Creation Of Facebook,Startup Stories,Startup News India,Inspiring Startup Story,2018 Technology News,History of Facebook,Facebook Success Story,Facebook Founder Mark Zuckerberg,Youngest Billionaire in World,Facebook Information

Facebook is the world’s most popular social media network with two billion monthly active users.

Mark Zuckerberg has ultimately redefined the future of the internet!

The famous Mark Zuckerberg’s Facebook was founded while he was studying at Harvard University along with his roommates.

It all began with the creation of a website called Facemash.

Being a keen computer programmer, Mark Zuckerberg wrote a software when he was in his second year of college. He wanted to create an online network where people could stay in touch with each other. So, in 2003, he came up with a software for a website called Facemash. He made good use of his computer and coding skills. He hacked into Harvard’s security network where he copied the student ID images used by the dormitories. He used them to overrun his website along with his friends. However, the site was shut down by Harvard authorities. Zuckerberg had to face serious charges of breach of security, violating copyrights and violating individual privacy for stealing the student photos he used to populate the site. Alongside, he also faced expulsion from Harvard University for his actions. Days later, all charges were eventually dropped.

A year later, the transformation of a Harvard University networking website to a global social media phenomenon took place!

On February 4, 2004, post the Facemash expulsion he launched a website called “TheFacebook” along with the help of his friends.

However, a week later he got into trouble again as Harvard seniors, Cameron Winklevoss, Tyler Winklevoss and Divya Narendra accused him of stealing their ideas for an intended social network website called HarvardConnection and of using their ideas for TheFacebook. They filed a lawsuit against Zuckerberg, but the matter was eventually settled out of court.

He dropped out of college to start his company as he was desperate enough to make it big!

Eduardo Saverin, Dustin Moskovitz, Andrew McCollum and Chris Hughes joined Mark Zuckerberg to help manage the growth of the website. In 2005, The company changed the site’s name from TheFacebook to just Facebook after purchasing the domain name facebook.com for $ 200,000. The same year, It received its first investment from PayPal Co founder, Peter Thiel.

Zuckerberg’s legal advisor, Napster Founder and Angel Investor, Sean Parker became Facebook’s president.  

In 2005, Venture Capital firm Accel Partners invested a whopping amount $ 12.7 million in the company. It enabled the creation of a version of the network for high school students.

Facebook later expanded to other networks such as employees of companies. Followed by the success of Facebook, people loved the idea of connecting to their friends and family via the social networking website. The interface and features of Facebook were liked by everyone and soon it became the global social media phenomenon.

Facebook is a free social networking website that allows registered users to create profiles, upload photos and videos, send messages and keep in touch with friends, family and colleagues. The site  is available in 37 different languages.

At the age of 23, Zuckerberg became the youngest billionaire in the world. By 2009, Facebook had now become the world’s most used social networking service.

Post the success of the website, In 2010, he signed a pledge, along with other wealthy businessmen, to donate at least half of his wealth to charity. Zuckerberg and his wife, Priscilla Chan, have donated $25 million toward fighting the Ebola virus and announced that they would contribute 99% of their Facebook shares to the Chan Zuckerberg Initiative to enhance lives through education, health, scientific research, and clean energy.

 

Continue Reading
Advertisement
7 Comments

7 Comments

  1. J88

    November 5, 2025 at 4:03 pm

    Đến với J88, bạn sẽ được trải nghiệm dịch vụ cá cược chuyên nghiệp cùng hàng ngàn sự kiện khuyến mãi độc quyền.

  2. Kuwin

    November 8, 2025 at 2:11 pm

    kuwin sở hữu kho game đa dạng từ slot đến trò chơi bài đổi thưởng, mang đến cho bạn những giây phút giải trí tuyệt vời.

  3. 谷歌站群

    November 10, 2025 at 7:07 am

    专业构建与管理谷歌站群网络,助力品牌实现全域流量的强势增长。谷歌站群

  4. 站群程序

    November 11, 2025 at 6:12 pm

    搭载智能站群程序,自动化搭建与管理,为SEO项目提供核心驱动力。站群程序

  5. MM88

    November 17, 2025 at 9:57 pm

    Với giao diện mượt mà và ưu đãi hấp dẫn, MM88 là lựa chọn lý tưởng cho các tín đồ giải trí trực tuyến.

  6. iwin

    November 18, 2025 at 5:01 am

    iwin – nền tảng game bài đổi thưởng uy tín, nơi bạn có thể thử vận may và tận hưởng nhiều tựa game hấp

  7. MM88

    November 24, 2025 at 11:04 am

    Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneur Stories

Indian Man Quits JPMorgan, Takes 70% Pay Cut to Launch $6 Million Startup

Published

on

JPMorgan

Leaving behind a high-paying job at JPMorgan, an Indian entrepreneur embraced a 70% salary cut to pursue true purpose and passion in the startup world. Disenchanted with what he described as a “robotic” corporate routine, he sought meaningful work that made a real impact. This pivotal decision marked the beginning of his new journey, one focused on value creation rather than titles and corporate perks.​

Powered by resilience and fresh perspective, the entrepreneur launched his own startup, prioritizing innovation and hands-on solutions. The road was challenging, but his vision resonated with the market: the startup quickly gained traction and raised $6 million—an impressive acknowledgement of its potential in a competitive landscape. Every hard lesson from early setbacks and bootstrapping paid off in real customer growth and investor confidence.​ 

Today, his journey stands as an inspiring example for professionals seeking authentic success outside the corporate grind. By trading comfort for creative freedom, he grew a venture that solves important problems, generates jobs, and builds wealth beyond just salary. For ambitious founders, his story highlights the power of risk-taking, adaptability, and relentless focus on impact in India’s thriving startup ecosystem.​

Continue Reading

Videos

Larry Page: The Visionary Co-Founder Behind Google’s Global Success

Published

on

Larry Page

Larry Page is a visionary technology entrepreneur and co-founder of Google, one of the world’s most influential companies. Born in 1973 in Michigan, Page grew up surrounded by computer technology, which inspired his passion for innovation from an early age. He studied computer engineering at the University of Michigan and later pursued his PhD at Stanford University, where he developed the revolutionary PageRank algorithm with Sergey Brin. This technology fundamentally changed the way search engines rank websites, making Google the most accurate and popular search engine globally.

The journey of Larry Page and Google began in 1998 when they officially launched the search engine from a small garage. Leveraging their unique algorithm, Google quickly surpassed competitors due to its ability to deliver highly relevant search results, transforming internet search forever. Under Larry Page’s leadership as CEO, Google expanded beyond search to launch groundbreaking products including YouTube, Gmail, and Google Maps, turning it into a global tech powerhouse that shapes how we access and interact with information online.

Larry Page later became the CEO of Google’s parent company, Alphabet Inc., driving innovation and investment in next-generation technologies such as artificial intelligence, autonomous vehicles, and healthcare solutions. His visionary leadership and commitment to technological advancement have cemented his legacy as one of the most influential figures in the tech industry. Today, Larry Page remains a key influencer in shaping the future of technology and digital innovation worldwide.

Continue Reading

Entrepreneur Stories

India’s Tech Story: Airtel Spreads AI Access, Ohm Mobility Lessons

Published

on

Airtel AI

Bharti Airtel has launched the innovative “Airtel-Perplexity Blueprint,” partnering with Perplexity to provide over 360 million customers free access to Perplexity Pro for a year—a benefit valued at ₹17,000 ($200). This collaboration enables Airtel users across mobile, broadband, and digital TV to harness advanced capabilities in generative AI, including leading AI models like GPT 4.1, Claude, and Gemini, along with up to 300 Pro searches daily, image generation, document analysis, and personalized planning services. The move is seen as a milestone for telecom innovation and the democratization of AI in India, making powerful research and productivity tools accessible to a massive user base.

This strategic partnership positions Airtel as an “AI-first” telecom provider, allowing it to gain key insights into user interactions with artificial intelligence and adapt its networks for growing digital demands. For Perplexity, the tie-up grants exclusive access to India’s vast telecom audience, rapidly propelling the app to the No. 1 spot on the Indian App Store, surpassing global competitors like ChatGPT and Google Gemini. Airtel customers can activate their complimentary subscription seamlessly through the Airtel Thanks App, under the Rewards and OTTs section, reinforcing Airtel’s commitment to digital customer empowerment.

The broader Indian startup ecosystem reflects both breakthrough innovation and hard-earned lessons, illustrated by the recent shutdown of Ohm Mobility, an EV financing startup. Despite multiple pivots and industry-leading investors, Ohm Mobility struggled to achieve a sustainable business model—a reminder of the challenges in market fit and adaptability. As AI adoption accelerates and startup realities evolve, industry leaders like Airtel and Perplexity are setting new standards, while others, like Ohm Mobility, offer valuable insights on resilience and the importance of business model flexibility in India’s dynamic tech landscape.

Continue Reading
Advertisement

Recent Posts

Advertisement