Facebook : The Facebook By Jessica Bahdi

1565 Words Oct 25th, 2015 7 Pages
Facebook By Jessica Bahdi
On February the 4th 2004, what was then known as “The Facebook” was created by a 19 year old Harvard Sophomore by the name of Mark Zuckerberg. Mark Zuckerberg is the Chairman, chief executive and one of five co-founders of Facebook. The other four include: Dustin Moskovitz (company 's first chief technology officer and vice president of engineering), Eduardo Saverin (chief financial officer and business manager) and Chris Hughes (spokesperson). Instantly becoming one a hit sensation at Harvard university, they decided to open up the website to Yale and Stanford earning a lot of media attention. They then dropped out of university to continue endorsing Facebook full-time on a national level. Today, it has become one of the largest social media network sites on the planet having 1.18 billion users as of August 2015. But, he was also accused of stealing the idea’s of Cameron Winklevoss, Tyler Winklevoss and Divya Nerandra. This then turned into a fully fledged lawsuit in 2004 but was dismissed as a technicality in 2007.
The Financial Structure of Facebook is as follows:
• Mr. Mark Elliot Zuckerberg: Chairman & Chief Executive Officer
• Ms. Sheryl Kara Sandberg: Chief Operating Officer & Director
• Mr. David M. Wehner: Chief Financial Officer
• Mr. Michael Todd Schroepfer: Chief Technology Officer & VP-Engineering
• Mr. Timothy Campos: Chief Information Officer
The main investors and fundings are as follows:

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