What Year Was Facebook Founded

Mark Zuckerberg, the Chief Executive Officer and creator of Facebook, did not set out to build a service.

What Year Was Facebook Founded



Facebook Started What Year


Today the social networks platform has a market capitalization of greater than $500 billion and more than 2 billion regular monthly active customers, and Zuckerberg is worth more than $70 billion, according to Forbes. However he was famously just a college student at Harvard when he released "theFacebook" in 2004.

At the time, Zuckerberg states he was just resolving a problem he saw around him.

" Yeah, well, I never began this to construct a firm," says Zuckerberg, speaking with Freakonomics Radio as part of its six-week series called "The Secret Life of CEOs," which introduced Thursday.

" 10 years earlier, you know, I was simply attempting to aid link individuals at colleges as well as a few institutions.

" That was a standard requirement, where I checked out at the net and there were solutions for a lot of points that you desired," states Zuckerberg, according to a records.

" You might discover songs; you could find information; you might locate information, yet you could not discover as well as connect with individuals that you appreciated, which as people is in fact the most essential point.

" To ensure that seemed like a pretty large opening that needed to obtain filled."

Undoubtedly. As Well As the Silicon Valley social media titan isn't alone in his approach.

Billionaire entrepreneur Richard Branson also says the essential to locating a great business suggestion is seeing what could be improved in your very own life.

" Entrepreneurship in its truest type is about identifying a void on the market as well as creating a product of use to fill that opening and make people's lives better," writes Branson in an article released in January.

" Usually the best method to discover this gap is to check out you-- are there services that could be improved or a product that could make something less complicated?"

Beginning with a tiny suggestion does not imply your business will be little, mentions Branson.

"My advice to striving business owners thinking of starting their own service is: begin tiny yet always think huge," claims Branson. "Technology also has enabled firms to assume bigger than simply selling to their regional neighborhood as well as puts the globe at their fingertips," Branson says.