Analysis Of The Initial Stages Of Thefacebook

923 Words Dec 9th, 2016 4 Pages
In the initial stages of “thefacebook,” the site was limited to students of Harvard and within the first month of the site’s launch, slightly more than half of Harvard’s undergraduate population was registered on the site. Soon after the launching of “thefacebook,” Zuckerberg added new members Dustin Moskovitz, Eduardo Saverin, Chris Hughes, and Andrew McCollum to his team, but as the company quickly expanded, more team members were added. The company would eventually find itself in need of hundreds of experts in programing, graphic design, customer relations and P.R., marketing, accounting and finance, communications, gaming and dozens of other specific fields. Facebook has grown from having one employee, Mark Zuckerberg, to currently employing around 12,691 people full time.
Dustin Moskovitz, Zuckerberg’s roommate and co-founder, was another programmer who co-founded Facebook with Zuckerberg but later left the company in 2008 to cofound Asana and in 2011 was reported by Forbes Magazine to be the youngest self made billionaire in history because of his 2.34% share in Facebook. Co-founder Eduardo Moskovitz, a junior at Harvard when he got involved with Facebook, was charged with handling the business aspects of the site and was named chief financial officer (CFO).
Co-founder Chris Hughes was brought on by the “somewhat less than charming” Zuckerberg to be the website’s spokesperson and representative to the public but also was unofficially tasked with generating product…
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