Facebook caught on fast and furious to become the premier social networking platform in the world. In 2003, Mark Zuckerberg, depicted in the movie “The Social Network” as a brash Harvard sophomore who cared not about others’ thoughts and/or feelings, started a social networking interface called Facemash.
Facemash was initially for Harvard students. It’s name soon morphed into TheFacebook. Mark inspired technical help and financing from three other Harvard students who eventually sued him after TheFacebook became simply Facebook and went well beyond Harvard’s campus with investors’ money attached.
Zuckerberg settled with those other three students. Everyone made money, especially Mark. As Facebook’s popularity grew, other dot-com groups and individuals started buying shares at high prices, raising Facebook’s value. Then Mark started selling shares of Facebook publicly in 2012.
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