WHYZuckerberg's father was a dentist and their practice was located right beside their house. He needed a way to communicate with his family without disrupting his business.
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HOWThis system allowed the family to communicate with each other and also alerted his father when patients were in the waiting room.
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TAKEAWAYSPeople needed an easier way to be connected. This idea was validated when AOL came out with their version of instant messenger shortly after Zucknet.
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WHYZuckerberg hated music playlists, because it is nothing but a list of song(s) categorized by you. He wanted to change the system in how playlists were created.
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HOWHe created software that would learn the listener’s interest and recommend songs according to their taste using artificial intelligence.
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TAKEAWAYSMoney isn't everything
"Software belongs to everyone. No matter what kind of deal we get into, we’re going to try to keep it free." |
WHYStudents at Harvard have trouble deciding which courses to take at the beginning of each semester.
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HOWHelp students at Harvard in picking the courses they want, by showing how many people are in each class and who is in each class.
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TAKEAWAYSHe realized that people like to know what other people are doing, and share what they are doing as well.
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"I decided that instead of going to orientation events, I wanted to program a study tool"
WHYFacemash was made just for fun in college dorm room for Zuckerberg and his friends.
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HOWHe hacked into Harvard's database to collect images and used his programming skills to create a website.
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TAKEAWAYSDue to the popularity of FaceMash, Zuckerberg discovered that there was a need for some sort of network like this.
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WHYZuckerberg hadn't prepared for his art final exam. He wanted to create a platform for students to share their notes in order to study.
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HOWHe created a collaborative platform for online note sharing, where he downloaded the images from the class website and loaded them onto the platform he created.
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TAKEAWAYSAn online sharing resource is very helpful. The class did better than any previous years due to the collaboration done on Mark's website
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WHYZuckerberg was already well known as a great programmer at Harvard. He was approached by the Winklevoss Twins to code their social network site, Harvard Connection.
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HOWHe was hired to finish code for site. This opportunity sparked the idea for Facebook, which led to a lawsuit down the road.
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TAKEAWAYSPeople were interested in a some sort of social networking platform. Zuckerberg also learned that other people are already starting to develop these sites.
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"The idea of a single Eureka moment is wrong and dangerous"
EDUARDO SAVERINEduardo was one of Facebook's co-founders but ultimately got pushed out of the company due to many disagreements.
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SEAN PARKERSean Parker played a key role in the development of Facebook. He became the founding president, motivated Zuckerberg to move to Palo Alto and introduced Peter Thiel as an investor.
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EDUARDO SAVERINAfter Facebook moved to Palo Alto, Zuckerberg and Saverin had many disagreements on running the company.
Zuckerberg then removed Saverin from the company using business tricks learned from Peter Thiel and Sean Parker TAKEAWAYSSometimes tough decisions/sacrifices were made to get the company to where he wanted
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WINKLEVOSS TWINSA Lawsuit filed by HarvardConnection, who claimed that Mark Zuckerberg stole their idea and source code to create Facebook.
The claim was originally denied before incriminating evidence was found. The lawsuit resulted in a settlement. TAKEAWAYSRealized he had to be mature about things
"If you're going to go on to build a service that is influential and that a lot of people rely on, then you need to be mature, right?" |
WHYZuckerberg had ideas for growing Facebook, while Yahoo had no specific plans for the future. He believed that he can make Facebook worth more than $1B in the future.
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TAKEAWAYSEmployees were confused about this decision and questions Zuckerberg's future plans for the company. He then realized he had to share and communicate his vision
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WHYMark wanted to create a collaborative and friendly environment for his employees.
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HOWHackathons are held every week to come up with new features. Weekly company Q&A sessions are held to better communication within the company.
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TAKEAWAYSKeeping the company open and collaborative helps it grow and keeps employees happy.
Fun and insightful events such as hackathons keep things interesting while also being crazy productive. |