By Chinmay Narang
Oftentimes bestowed as being a social bohemian himself, Mark Zuckerberg is anyway as important as any single individual for the peculiar ways in which we socialize and connect in the 21st Century.
After its launch in 2004, Zuckerberg and his company pulled out of Harvard and went to Silicon Valley so as to broadcast Harvard’s social media framework to the globe. Today, Facebook has more than 1 billion end users and Mark Zuckerberg, as chairperson and CEO, is said to be worth approximately $33 billion.
CEO and Founder of Facebook, Mark Zuckerberg, is a figure known for his vision and strategic acquisitions. It would not be very far fetched to say that Mark Zuckerberg made the two biggest acquisitions of the decade or maybe even the century – Instagram and WhatsApp. Instagram and WhatsApp were acquired for $1 billion and $19 billion, respectively. And in 2019, both of these investments made a hefty $20 Billion and $5 billion in annual revenue.
When it comes to business threats and opportunities, Mark’s stretched Lizard eyes saves the day for Facebook. Facebook has acquired 90 businesses ranging from start ups to large scale businesses since its inception in 2004. Many companies fail to scale seeing all the lucrative takeover bids and vanishes from the public eye. Initially it was thought Facebook would one day fall for the same. But Mark’s determination and vision placed Facebook on the opposite side of the spectrum. Making this Tech Giant nothing short of a large VC firm.
Greater than its influence and its economic massiveness, Zuckerberg’s innovation is truly a social game-changer, perpetually reshaping the ways in which human network, exchange, community-building, and emotional intercession take place.