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.
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