Mark Zuckerberg is the founder of Facebook, a networking tool used by college students to meet people, reconnect with old friends and arrange events. The company just redesigned its Web site and received venture capital.
Founded as Thefacebook in February 2004 by Mark Zuckerberg, Chris Hughes, and Dustin Moskovitz at Harvard, the website spread across campus and, within a few weeks, over half the undergraduate population had registered. The website then expanded to allow students from Columbia, Stanford, and then other Ivy League colleges to register. It became something of a network phenomenon, spreading rapidly to other schools, despite some competition from similar, local websites.
Courtesy of http://www.accel.com/people/index.php, http://en.wikipedia.org/wiki/Facebook.
Jim has been responsible for Accel's investments in over twenty-five companies that have completed public offerings or successful mergers. These include Actuate (ACTU), Agile Software (AGIL), Centillion (acquired by Bay Networks), Centrum (acquired by 3Com), Claremont, Collabra (acquired by Netscape),Corsair (acquired by Lightbridge Communications), Foundry Networks (FDRY), Hyperion Solutions (HYSL) (formerly named Arbor Software); Lightspan/Plato Learning (TUTR), Macromedia (MACR), Microprose, Motive (MOTV), Narrative (acquired by @Home), RealNetworks (RNWK), RedBack Networks (RBAK), Savista/Accenture, Synopsys (SNPS), and Walmart.com (WMT). Recent mergers include Alphablox / IBM and Groove Networks / Microsoft.
Jim is currently on the Board of Directors of Wal-Mart Stores, Inc (WMT), where he is the Lead / Presiding Independent Director, and Chairman of the Strategic Planning and Finance Committee. He also serves on the board of Marvel Entertainment (MVL), RealNetworks (RNWK) and ...
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Mark Zuckerberg, founder of TheFacebook, is interviewed by VC, Jim Breyer, Managing Partner of Accel. Mark describes what it was like to leave Harvard to venture into a business to build a social utility tool for college students around the world.