What was Mark Zuckerberg's initial stake in Facebook, and how did he acquire it?
Mark Zuckerberg's initial stake in Facebook was 28.7% of the company, which was worth $15 billion when the company went public in 2012. He acquired this stake by founding the company with a group of fellow students at Harvard University.
In 2004, Zuckerberg created a website called 'thefacebook' that allowed students to create profiles and connect with friends. The site quickly gained popularity, and Zuckerberg dropped out of Harvard to focus on developing Facebook full-time.
Zuckerberg's stake in Facebook has since decreased due to a series of stock sales and donations. However, he still holds a significant stake in the company and serves as its CEO.
- How Has The Covid 19 Pandemic Impacted Small Businesses
- What Is The Role Of Robotics In Space Exploration
- What Is The Role Of Mental Health Professionals In Criminal Cases
- Who Is The Character Sofias Canine Companion And How Does He Fit Into The John Wick Storyline
- How To Use The Regexreplace Function In Google Sheets
- Why Do Some People Think That Automation Will Be Bad For The Economy
- How Can You Tailor Your Resume To Fit A Specific Job Application
- How Can You Effectively Handle Job Interview Questions About Gaps In Employment History
- What Makes The F 35b Lightning Ii Unique Among Fighter Jets
- How Does Burn Notice Address Issues Of Trust And Betrayal And What Are Some Examples