This work offers a summary of the book “THE ACCIDENTAL BILLIONAIRES: The Founding of Facebook” by Ben Mezrich.
Ben Mezrich is a graduate of Harvard University. He has published ten books including Bringing Down the House, Rigged and Ugly Americans. Bringing Down the House was the basis for the movie 21 which was released in spring, 2008. Mr. Mezrich is a columnist for Boston Common and a contributor to Flush magazine.
What do you know about the Facebook phenomenon? Ben Mezrich recounts the story of the world's biggest social network and the world's youngest billionaire, Mark Zuckerberg. The Accidental Billionaires tells how a company that was created to connect people ultimately tore two best friends apart. In 2003, Eduardo Saverin and Mark Zuckerberg, two Harvard undergrads, were looking for a way to stand out among the university's elite student body. The book tells how Mark crashed Harvard's network and created the social networking site that has since revolutionized the way people communicate.
Filled with juicy stories, The Accidental Billionaires is a captivating story of betrayal, sex and money. Unputdownable.
Microsoft ultimately ended up buying a 1.6 percent stake in Facebook for $240 million – in effect giving Facebook a market valuation of more than $15 billion. This market valuation is around 100 times its 2007 revenues of $150 million.
