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Provided by explosiveskull
https://twitter.com/kaboomskull
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Ambitious, tenacious,
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the internet entrepreneur
and tech innovator
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with a gift for
computer program.
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The man who became the planet's
youngest billionaire at 23
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and who created one of
the world's most popular
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social network, Facebook.
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Along with Amazon, Google,
Apple, and Microsoft,
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Facebook is one of
the big five companies
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in the US tech industry.
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So what did it take to build
such a revolutionary business?
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Well, it took someone
like Mark Zuckerberg,
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the young genius who
connected people in ways
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never thought possible.
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In 2021, his net worth is
estimated at $96 billion.
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The giant social network
has had a vertiginous growth
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since its creation.
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Take a journey into how Mark
Zuckerberg built the giant
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that has changed
billions of lives
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and the way people
interact with the world.
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They are masterminds, ambitious,
competitive, and ruthless
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not afraid of failure,
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dedicated to their mission
of bettering the world,
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always reaching for excellence.
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They lead by example.
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Unlike many industries, the
tech billionaires are mostly
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self-made.
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It is true they're genius,
that they revolutionize
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the industry and together
they change the world.
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Join us in this series
as we take a look at
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some of the wealthiest
entrepreneurs in the modern world,
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the tech billionaires,
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Bill Gates, Elon Musk, Mark
Zuckerberg and Jeff Bezos.
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Together they're worth a
collective of more than
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900 billion US dollars.
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They will be
remembered in history
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as the most influential
people of the 21st century.
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Mark Elliott Zuckerberg
was born on May 14th, 1984
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in White Plains New York,
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into a comfortable
well-educated family.
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He was the second of four
children and the only son.
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He grew up with his three sisters
in the suburbs of New York
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Dobbs Ferry.
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His father, Edward
Zuckerberg was a dentist
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and his mother,
Karen a psychiatrist.
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Young Mark developed an
interest in computers
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at an early age.
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He began programming
in middle school
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with the active
support of his father.
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And he was learning fast.
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When Mark was about 12, he
used the Atari BASIC program
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his father had taught
him to create his own
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messaging program named ZuckNet.
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His father used the program
in his dentist's office,
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so that the receptionist
could inform him
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of a new patient without
yelling across the room.
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The family also used ZuckNet
to communicate within
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the house.
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Together with his friends,
Zuckerberg also enjoyed
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creating computers games
just for fun as he said.
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To keep up with their son's
enthusiasm and growing interest
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in computers, his parents
even hired a private tutor,
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David Newman, while he
was still in high school.
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Newman later told reporters
that it was hard to stay
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ahead of the prodigy.
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Zuckerberg studied at the
exclusive Phillips Exeter Academy
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in New Hampshire.
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There he showed
talent and fencing,
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becoming the captain
of the school's team.
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He excelled in classes and
earned a diploma in Classics.
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Yet he remained
fascinated by computers
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and continued to
focus on his passion
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of developing new programs.
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While in high school, he
created an early version
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of the music software, Pandora,
which he called Synapse.
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It was clear that he had
an entrepreneur's mindset
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from an early age.
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Even before he founded Facebook,
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he was actually on
Microsoft's radar.
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The company and several
others including AOL
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approached the teenager
for buying the software
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and hiring them
before graduation.
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He declined the offers.
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After graduating
from Exeter in 2002,
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Mark Zuckerberg enrolled
at Harvard University
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where he studied Psychology
and Computer Science.
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By this time he was already
a programming prodigy,
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by the sophomore year,
he developed a reputation
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as the go-to software
developer on campus.
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It was at that time that
he built a program called
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CourseMatch, which helps
students choose their classes
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based on the course
selections of other users
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and also help them
form study groups.
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But the young freshmen was
a bit of a troublemaker.
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In 2003 he invented a website,
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by far the most talked about
things that he created.
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The site was called FaceMash,
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and it allowed students to
judge the attractiveness
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of other students by
comparing two pictures
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and vote on one who was
most attractive person.
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The software then
ranked the results.
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Even though Zuckerberg
created it just for fun,
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it became wildly popular,
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but people didn't like that
their pictures were being used
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without their permission.
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And Zuckerberg actually
violated university policy
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by hacking into Harvard
security network.
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FaceMash was deemed
offensive and inappropriate
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and was shut down a few
days later by the school.
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Zuckerberg apologized
for his actions,
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saying he thought of it as
a fun computer experiment.
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He faced serious charges of
violating individual privacy.
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Harvard nearly expelled him,
but then put him on probation.
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This would be the first time
he ever got into trouble,
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but his journey
was just starting.
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The genius had seen his future
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and had an undeniable potential.
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People wanted to see
what he would do next.
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Based on the buzz of
his previous projects,
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three of his fellow students,
Divya Narendra and twins
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Cameron and Tyler
Winklevoss, reached out him
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to work on an idea for
a social networking site
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they called Harvard Connection.
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They wanted to create a dating
site for the Harvard elite
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by using information from
the student networks.
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Zuckerberg agreed to help
them in the beginning.
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But while working on
coding for the program,
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he got a fantastic idea
for his own social network.
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Soon, he decided to
pursue his own adventure.
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It all started in 2004 when
the freshmen Harvard student
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and his friends decided
that they would start
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a social project together.
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Zuckerberg's fellow students
and roommates included
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Chris Hughes Andrew
McCollum, Eduardo Saverin,
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and Dustin Moskovitz.
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It turned out to be the
perfect combination of people
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to found a company
that would later become
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the most popular social
network in the world.
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So on February 4th, 2004
out of his college dorm room
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and surrounded by the
elite, Zuckerberg co-founded
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and launched a site that allowed
students to connect online,
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Thefacebook.
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Those who signed up could
create their own profiles,
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share information about
their lives, upload photos
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and communicate
with other users.
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His goal, giving people the
ability to share information
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in a safe environment.
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Well, I mean, I think our
focus is just on building
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the best, simplest
and easiest product
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for people to share
information in all the ways
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that they want.
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So we started off just
incredibly simple.
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There are only a few different
ways to share information.
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And over the last few years
we've added photos, videos,
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notes, messages, just to
all these different types
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of things.
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And each of these are
just used massively.
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So photos, for example,
there are more than
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a hundred million photos
uploaded a month in the UK alone.
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Our goal is really just
to enable all of that.
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And we think that if
we provide the easiest
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and the best simplest
way for people to share
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all of these kinds of
information that they want
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with exactly the
people that they want,
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then that's just a longterm,
very valuable thing.
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Giving people complete
control over their privacy,
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actually while creating
a safe environment
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it also makes it so that people
can share more information.
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So it's a really important
part of what we do.
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Facebook
was a hit from day one.
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Within two weeks, half of the
student body had signed up.
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We're not gonna share
people's information
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except with the people
that they've asked for it
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to be shared.
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And everyone gets
privacy settings.
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It has always been one of
the big differentiators
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for Facebook.
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A really different service
for people is you can say,
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"I want this photo album
to go to these people,"
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or "I want this note
to go to these people."
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And the privacy controls on
Facebook are really unparalleled
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by anything else
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The group
of friends ran the site
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out of their dorm
room until June, 2004.
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Zuckerberg recall the early
days with nostalgia years later
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in his Harvard
commencement speech.
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I remember that night,
I launched Facebook from
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that little dorm
in Kirkland house.
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I went to Noax with
my friend kayaks
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and I remember telling
him clearly that
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I was excited to help connect
the Harvard community,
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but one day someone would
connect the whole world.
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The thing is, it never
even occurred to me
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that that someone might be us.
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We were just college kids.
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We didn't know
anything about that.
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But the social
network has a complicated
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early history.
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Zuckerberg faced a
challenge shortly
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after Facebook launched.
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His three former
classmates and creators
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of Harvard Connection
now called connectU,
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filed a lawsuit against
him a few months later.
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They claimed that
Zuckerberg stole their idea
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and business plan and
insisted that he needed to pay
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for their business losses.
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Facebook launched in
February, 2004 and connectU,
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three months later,
but it struggled and was then shut down.
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Zuckerberg maintained
that the ideas were based
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on two very different
types of social networks.
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Incriminating messages
revealed that Zuckerberg
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may have intentionally stolen
the intellectual property
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of Harvard Connection.
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He later apologized, saying
he regretted his actions.
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The matter was eventually
settled out of court.
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It was during a frat party
in his second year of college
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at Harvard in 2003, that
Zuckerberg met his better half
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Priscilla Chan,
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a Chinese American medical
student from Boston.
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They came from two
different worlds,
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but their hearts connected.
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"He was this nerdy guy who's
just a little bit out there,"
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Chan told the New Yorker.
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Early on in their relationship,
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Chan set some
strict ground rules,
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because Zuckerberg was
so busy with Facebook,
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she apparently
required one date night
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and a minimum of 100 minutes
of alone time per week,
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not at Facebook.
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They finally made the
relationship official.
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Zuckerberg may not have
gotten a degree out of Harvard
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but he met the woman
that he would marry.
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He declared years later, "she
is the most important person
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in my life, so you can say
was the most important thing
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I built in my time here."
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In 2004, after
his sophomore year
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Zuckerberg dropped out of
college to devote himself
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full time on
building the website.
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He's not the first big
name in Silicon Valley
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to have dropped out of college
and gone on to find success,
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Apple co-founder, Steve jobs,
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and two of the world's
richest men, Bill Gates
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and Tesla CEO, Elon Musk
all dropped out of school
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to start their own company.
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After he dropped out of
Harvard, Zuckerberg felt himself
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growing wings and he and the
Facebook team moved the company
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to the other side of the
continent to Palo Alto, California
248
00:13:46,825 --> 00:13:49,785
where they opened
its first office.
249
00:13:49,825 --> 00:13:52,625
They partied a lot, but
also worked even harder.
250
00:13:53,745 --> 00:13:56,384
Thefacebook officially
became Facebook.
251
00:13:56,424 --> 00:14:01,424
And by the end of 2004, it
already had 1 million users.
252
00:14:02,985 --> 00:14:06,185
The website was and
still is free to use.
253
00:14:06,225 --> 00:14:09,024
Most of its earnings
come from ads.
254
00:14:09,065 --> 00:14:11,305
At first restricted
to Harvard students,
255
00:14:11,345 --> 00:14:13,945
it expanded over time
to other colleges,
256
00:14:13,985 --> 00:14:17,144
international schools
and even beyond.
257
00:14:17,184 --> 00:14:18,984
What I wanted to do
when I was getting started
258
00:14:19,024 --> 00:14:21,904
was simply just make a way for
people to learn some things
259
00:14:21,945 --> 00:14:23,825
about the people around
them at university,
260
00:14:23,865 --> 00:14:26,745
and be able to communicate
with people around them.
261
00:14:26,784 --> 00:14:28,985
So basically stay in
touch with their friends.
262
00:14:29,024 --> 00:14:31,985
And it's just turned out that
over the past seven years
263
00:14:32,024 --> 00:14:35,024
or so as the company excelled
at that, wasn't just a need
264
00:14:35,065 --> 00:14:39,385
that was fixed to my college
or colleges in general,
265
00:14:39,424 --> 00:14:42,224
the desire to stay connected
with your friends and family
266
00:14:42,264 --> 00:14:45,184
is I think a relatively
universal thing across the world.
267
00:14:46,705 --> 00:14:50,865
By December,
2005, it had 6 million users
268
00:14:50,904 --> 00:14:53,424
and the growth didn't
seem to slow down.
269
00:14:53,465 --> 00:14:55,345
We're building a
technology company.
270
00:14:55,384 --> 00:14:57,384
So we focus on really
technical solutions
271
00:14:57,424 --> 00:14:59,865
to complex problems involving
helping people communicate
272
00:14:59,904 --> 00:15:01,384
in a lot of new ways.
273
00:15:01,424 --> 00:15:03,024
So, I mean, as a
technology company,
274
00:15:03,065 --> 00:15:05,865
it would really only makes
sense to work with someone
275
00:15:05,904 --> 00:15:07,225
who shared values
and stuff like that.
276
00:15:07,264 --> 00:15:09,424
But I mean if you look
at how we're growing,
277
00:15:09,465 --> 00:15:11,225
we're really just
at the beginning.
278
00:15:12,424 --> 00:15:15,784
In may, 2005,
as Facebook was already worth
279
00:15:15,825 --> 00:15:20,825
around $100 million, the venture
capital firm Xcel Partners
280
00:15:21,865 --> 00:15:24,825
invested $12.7 million
in the company,
281
00:15:24,865 --> 00:15:28,705
which enable the expansion
of the network even more.
282
00:15:28,745 --> 00:15:31,664
The Facebook epidemic started.
283
00:15:32,625 --> 00:15:35,144
Within four years it
would overtake Myspace,
284
00:15:35,184 --> 00:15:38,184
the most popular social
network before Facebook.
285
00:15:38,225 --> 00:15:40,065
In the long-term
for Facebook is,
286
00:15:40,105 --> 00:15:41,784
we're really just
focused on our mission.
287
00:15:41,825 --> 00:15:44,305
Just helping people
share information.
288
00:15:44,345 --> 00:15:47,745
We believe really deeply that
if people are sharing more
289
00:15:47,784 --> 00:15:49,904
then the world will
be a more open place
290
00:15:49,945 --> 00:15:51,625
where people can
understand what's going on
291
00:15:51,664 --> 00:15:52,824
with the people around them.
292
00:15:52,865 --> 00:15:54,985
And that's really what
we wanna get towards,
293
00:15:55,024 --> 00:15:58,184
In September,
2006, Facebook announced
294
00:15:58,225 --> 00:16:00,625
that anyone who was
at least 13 years old
295
00:16:00,664 --> 00:16:03,304
and had a valid email
address could join.
296
00:16:04,465 --> 00:16:06,665
If you look at the ways
that people are sharing today,
297
00:16:06,705 --> 00:16:08,665
I still think it's quite
primitive compared to
298
00:16:08,705 --> 00:16:11,825
what is going to be possible
and the power that will be
299
00:16:11,865 --> 00:16:14,144
in people's hands when
we get to that end state.
300
00:16:14,184 --> 00:16:15,744
And I think that that's
gonna be awesome.
301
00:16:15,784 --> 00:16:17,304
And that's something that
I think is really worth
302
00:16:17,345 --> 00:16:18,185
fighting for.
303
00:16:19,705 --> 00:16:22,225
Zuckerberg
was on his way to success.
304
00:16:23,705 --> 00:16:26,345
He has said, "someone
needs to build a service
305
00:16:26,384 --> 00:16:28,345
like this for the world."
306
00:16:28,384 --> 00:16:30,985
"But I just never thought
that we'd be the ones
307
00:16:31,024 --> 00:16:32,184
to help do it."
308
00:16:32,225 --> 00:16:34,625
"And I think a lot of
what it comes down to,
309
00:16:34,664 --> 00:16:36,865
is we just cared more."
310
00:16:36,904 --> 00:16:38,985
There are just so many
interesting technical problems
311
00:16:39,024 --> 00:16:40,144
specifically.
312
00:16:40,184 --> 00:16:42,104
So I mean, just getting to
work with a lot of smart people
313
00:16:42,144 --> 00:16:44,264
on solving some of
these huge problems,
314
00:16:44,304 --> 00:16:47,064
I mean, it's just a
really fascinating thing.
315
00:16:47,105 --> 00:16:50,345
When Bill Gates
became a billionaire in 1987
316
00:16:50,384 --> 00:16:54,264
at 31, he was the youngest
person to ever join
317
00:16:54,304 --> 00:16:55,904
the three comma club.
318
00:16:56,784 --> 00:17:00,784
In 2008, Mark Zuckerberg
took that title
319
00:17:00,825 --> 00:17:05,825
and he became the youngest ever
self-made billionaire at 23.
320
00:17:06,944 --> 00:17:08,984
Even today's wealthiest
entrepreneurs,
321
00:17:09,025 --> 00:17:12,345
didn't see that much
success at such a young age.
322
00:17:12,384 --> 00:17:14,865
And it took him just one
year to make the leap from
323
00:17:14,904 --> 00:17:17,105
millionaire to billionaire.
324
00:17:18,065 --> 00:17:21,184
In 2009, Facebook had
become the world's most
325
00:17:21,224 --> 00:17:23,224
used social network.
326
00:17:23,265 --> 00:17:26,745
The user base has now
more than 2 billion people
327
00:17:26,785 --> 00:17:29,185
using it every month.
328
00:17:29,224 --> 00:17:31,625
Almost a third of the
world's population.
329
00:17:33,025 --> 00:17:36,025
This has made Zuckerberg, a
billionaire many times over.
330
00:17:37,265 --> 00:17:40,145
However, money wasn't
his motivation.
331
00:17:40,184 --> 00:17:42,825
About that time, he turned
down many opportunities
332
00:17:42,865 --> 00:17:47,384
to sell the site, often
from multi-billion sums.
333
00:17:47,424 --> 00:17:51,065
Instead he wanted to create
a better user experience
334
00:17:51,105 --> 00:17:54,704
and make the world better by
making it a more open place
335
00:17:54,744 --> 00:17:56,784
where people are
able to share more
336
00:17:56,825 --> 00:17:59,265
and understand what's going on.
337
00:18:09,664 --> 00:18:13,184
In 2010, the movie
The Social Network
338
00:18:13,224 --> 00:18:16,384
based on Zuckerberg and the
founding years of Facebook
339
00:18:16,424 --> 00:18:18,144
was released.
340
00:18:18,184 --> 00:18:20,345
Although he claimed that
many details in the film
341
00:18:20,384 --> 00:18:24,025
were inaccurate and objected
strongly to its narrative
342
00:18:24,065 --> 00:18:27,625
which he thought portrayed
him in a bad light,
343
00:18:28,585 --> 00:18:30,985
indeed the young Harvard
freshmen was portrayed
344
00:18:31,025 --> 00:18:33,785
as a brilliant genius
without scruples
345
00:18:33,825 --> 00:18:36,424
and socially awkward nerd.
346
00:18:36,464 --> 00:18:38,944
The film was critically
acclaimed and won
347
00:18:38,984 --> 00:18:42,424
the Golden Globe Award
for Best Picture in 2011.
348
00:18:43,704 --> 00:18:46,184
He continued on
his way to glory.
349
00:18:46,224 --> 00:18:50,904
In 2010 Time Magazine named
him Person of the Year.
350
00:18:52,305 --> 00:18:55,985
In May, 2011, he bought
a 5,000 square foot house
351
00:18:56,025 --> 00:18:59,185
for $7 million in Palo Alto.
352
00:18:59,224 --> 00:19:02,944
He and his girlfriend, Priscilla
settled in their new home.
353
00:19:02,984 --> 00:19:05,024
The next year, Zuckerberg
began buying the
354
00:19:05,065 --> 00:19:08,865
surrounding properties,
spending more than $30 million
355
00:19:08,904 --> 00:19:10,664
to acquire four homes.
356
00:19:12,025 --> 00:19:16,305
On May 18th, 2012, Zuckerberg
took Facebook public,
357
00:19:16,345 --> 00:19:20,704
with an initial public
offering at $38 per share.
358
00:19:20,744 --> 00:19:22,904
They raised $16 billion,
359
00:19:24,065 --> 00:19:28,184
making it the biggest
internet IPO in history.
360
00:19:28,224 --> 00:19:31,064
However, the shares price
crashed dramatically
361
00:19:31,105 --> 00:19:32,904
over the next months.
362
00:19:32,944 --> 00:19:35,224
But it recovered in 2013.
363
00:19:36,825 --> 00:19:39,785
At this time, the platform
had more than 500 million
364
00:19:39,825 --> 00:19:41,985
daily active users
across the globe.
365
00:19:43,305 --> 00:19:45,305
Zuckerberg's net worth
was estimated at more than
366
00:19:45,345 --> 00:19:46,825
$19 billion.
367
00:19:47,944 --> 00:19:50,024
And he was only 28,
368
00:19:51,424 --> 00:19:54,024
Just one day after he
took the company public,
369
00:19:54,065 --> 00:19:56,384
and in the span of
their relationship,
370
00:19:56,424 --> 00:19:58,984
he and Priscilla tie
the knot in the backyard
371
00:19:59,025 --> 00:20:02,825
of their Palo Alto home in
a small surprise ceremony.
372
00:20:04,025 --> 00:20:06,265
The newlyweds went off
to spend their honeymoon
373
00:20:06,305 --> 00:20:07,825
in Rome, Italy.
374
00:20:10,305 --> 00:20:12,825
They adopted a dog
the named Beast,
375
00:20:12,865 --> 00:20:16,224
who's probably become the
world's most famous mop dog.
376
00:20:17,944 --> 00:20:20,345
Beast eventually became
the older fur brother
377
00:20:20,384 --> 00:20:24,384
to the couple's
first baby girl, Max,
378
00:20:25,305 --> 00:20:28,664
born three years later
in December, 2015.
379
00:20:34,704 --> 00:20:38,184
They would have another
daughter later on in 2017
380
00:20:38,224 --> 00:20:39,384
named August.
381
00:20:40,984 --> 00:20:43,344
Zuckerberg has said that
becoming a father changed the way
382
00:20:43,384 --> 00:20:47,065
he saw the world and
how he ran Facebook.
383
00:20:51,224 --> 00:20:54,984
Back in 2010, another
social network was created.
384
00:20:55,025 --> 00:20:58,745
One that would become gigantic
and there would end up being
385
00:20:58,785 --> 00:21:01,945
the second, most popular
social network in the world
386
00:21:01,984 --> 00:21:06,625
after Facebook, Instagram.
387
00:21:09,345 --> 00:21:11,384
This could only mean one thing,
388
00:21:11,424 --> 00:21:14,784
it would be a threat to
Zuckerberg's platform.
389
00:21:14,825 --> 00:21:17,025
And so rather than
compete with it,
390
00:21:17,065 --> 00:21:21,985
Zuckerberg bought Instagram
for $1 billion in 2012,
391
00:21:22,025 --> 00:21:25,185
a shocking sum at that time,
for a company with only
392
00:21:25,224 --> 00:21:26,784
13 employees.
393
00:21:29,944 --> 00:21:33,625
Instagram today has
over 1 billion users
394
00:21:33,664 --> 00:21:35,984
and contributes over $20 billion
395
00:21:36,025 --> 00:21:37,905
to Facebook's annual revenue.
396
00:21:41,224 --> 00:21:45,824
Facebook also purchased
WhatsApp in February, 2014
397
00:21:45,865 --> 00:21:48,224
for a total of
around $16 billion.
398
00:21:54,025 --> 00:21:56,745
Since 2008, the tech
leader has now become
399
00:21:56,785 --> 00:21:59,945
one of the most influential
people in the world.
400
00:22:01,265 --> 00:22:04,785
In 2013, Facebook cracked
the Fortune 500 list
401
00:22:04,825 --> 00:22:09,785
for the first time, making
Zuckerberg at the age of 28,
402
00:22:09,825 --> 00:22:13,184
the youngest CEO on the list.
403
00:22:13,224 --> 00:22:17,704
And in December, 2016, he was
ranked 10th on Forbes list
404
00:22:17,744 --> 00:22:19,864
of the world's most
powerful people.
405
00:22:39,424 --> 00:22:42,784
Facebook is now a giant
in the tech industry
406
00:22:42,825 --> 00:22:45,825
and no empire is built
without damaging something.
407
00:22:46,904 --> 00:22:50,744
I think Facebook has
become too big, too powerful.
408
00:22:50,785 --> 00:22:54,384
And the problems that it's
creating are significant
409
00:22:54,424 --> 00:22:56,865
and we have the
power to reign it in.
410
00:22:56,904 --> 00:22:59,184
We just have to stand
up and ask government
411
00:22:59,224 --> 00:23:00,784
to make it happen,
412
00:23:00,825 --> 00:23:03,384
With every
success comes criticism.
413
00:23:03,424 --> 00:23:05,904
Although the company
has been successful,
414
00:23:05,944 --> 00:23:08,784
it's last decade has also
been full of scandals
415
00:23:08,825 --> 00:23:10,105
and accusations.
416
00:23:11,384 --> 00:23:13,144
Over the years Zuckerberg
has had to face
417
00:23:13,184 --> 00:23:15,944
several controversies, as
he became one of the world's
418
00:23:15,984 --> 00:23:17,865
most powerful people.
419
00:23:17,904 --> 00:23:21,904
And Facebook has been accused
of spreading fake news
420
00:23:21,944 --> 00:23:25,105
and issues also included
internet privacy.
421
00:23:26,305 --> 00:23:29,785
In 2016 at the Facebook
Social Good Forum
422
00:23:29,825 --> 00:23:33,025
in New York City, Zuckerberg
announced he had plans
423
00:23:33,065 --> 00:23:34,985
to keep improving the platform.
424
00:23:35,825 --> 00:23:37,985
I think about this work
in a few different ways.
425
00:23:38,025 --> 00:23:41,265
First, what can we do to prevent
bad things from happening
426
00:23:41,305 --> 00:23:43,225
in the world and
to our community?
427
00:23:43,265 --> 00:23:45,985
Second, what can we
do when something bad
428
00:23:46,025 --> 00:23:47,384
is actually happening?
429
00:23:47,424 --> 00:23:50,424
And third, what can we do after
something bad has happened
430
00:23:50,464 --> 00:23:52,105
to help people out?
431
00:23:52,144 --> 00:23:54,025
We're starting to do
more proactive work.
432
00:23:54,065 --> 00:23:56,825
Like when we use artificial
intelligence to identify things
433
00:23:56,865 --> 00:23:59,384
that could be bad or
harmful and then flag them
434
00:23:59,424 --> 00:24:01,264
so our teams can review them.
435
00:24:01,305 --> 00:24:03,785
Or when someone shares a
post that makes it seem
436
00:24:03,825 --> 00:24:05,144
like they might wanna
harm themselves.
437
00:24:05,184 --> 00:24:07,704
And we give them, their friends
suicide prevention tools
438
00:24:07,744 --> 00:24:10,064
that they can share to get
the help that they need.
439
00:24:10,105 --> 00:24:12,904
Safety Check is an example of
technology that we've built
440
00:24:12,944 --> 00:24:14,784
to help people during a crisis.
441
00:24:14,825 --> 00:24:16,305
Because when
something's going on,
442
00:24:16,345 --> 00:24:18,985
whether it's a natural
disaster or a terrorist attack,
443
00:24:19,025 --> 00:24:20,985
there's nothing more
important than knowing
444
00:24:21,025 --> 00:24:23,625
that the people you love
and care about are safe.
445
00:24:23,664 --> 00:24:26,904
Finally, when a crisis hits,
we're also building tools
446
00:24:26,944 --> 00:24:29,784
within Facebook that let people
raise money and awareness
447
00:24:29,825 --> 00:24:31,985
to help rebuild
their communities.
448
00:24:32,025 --> 00:24:33,665
And this is just the beginning.
449
00:24:33,704 --> 00:24:36,345
The philosophy of
everything we do at Facebook
450
00:24:36,384 --> 00:24:38,825
is that our community can
teach us what we need to do.
451
00:24:38,865 --> 00:24:41,305
And our job is to learn
as quickly as we can
452
00:24:41,345 --> 00:24:43,184
and keep on getting
better and better.
453
00:24:43,224 --> 00:24:45,105
And that's especially
true when it comes to
454
00:24:45,144 --> 00:24:46,785
helping to keep people safe.
455
00:24:46,825 --> 00:24:49,265
We're gonna keep finding new
ways to empower our community
456
00:24:49,305 --> 00:24:51,985
through technology and services
in a way that's effective
457
00:24:52,025 --> 00:24:53,785
and that helps people
feel comfortable
458
00:24:53,825 --> 00:24:55,985
when they need to use them most.
459
00:24:56,025 --> 00:24:57,985
I'm really proud of
the progress we've made
460
00:24:58,025 --> 00:25:00,425
but I knew that there's a
lot more than we need to do.
461
00:25:00,464 --> 00:25:02,384
And that's why I hope that
you're gonna be inspired
462
00:25:02,424 --> 00:25:03,784
by what you hear today.
463
00:25:03,825 --> 00:25:04,985
And more importantly,
464
00:25:05,025 --> 00:25:07,345
I hope you'll help us
build even more tools
465
00:25:07,384 --> 00:25:08,825
to keep our community safe.
466
00:25:22,184 --> 00:25:26,784
Then there was the Cambridge
Analytica scandal in 2018
467
00:25:26,825 --> 00:25:29,865
which was another hard
blow to Zuckerberg.
468
00:25:29,904 --> 00:25:31,384
He came under fire again
469
00:25:31,424 --> 00:25:34,664
when he pushed the
limits on user privacy.
470
00:25:34,704 --> 00:25:36,865
It was revealed that
the data analytics firm
471
00:25:36,904 --> 00:25:41,305
with ties to President
Donald Trump's 2016 campaign,
472
00:25:41,345 --> 00:25:43,985
improperly obtained data
from tens of thousands
473
00:25:44,025 --> 00:25:45,425
of Facebook users.
474
00:25:46,865 --> 00:25:48,904
The information was
utilized to target voters
475
00:25:48,944 --> 00:25:51,024
in the US presidential election.
476
00:25:52,424 --> 00:25:55,264
The scandals shook investors
confidence in Facebook.
477
00:25:55,305 --> 00:25:58,185
As more people increasingly
became frustrated
478
00:25:58,224 --> 00:25:59,824
and angry with the company.
479
00:26:00,984 --> 00:26:04,104
Following the reveal, Zuckerberg
testified before Congress
480
00:26:04,144 --> 00:26:06,305
in April, 2018.
481
00:26:06,345 --> 00:26:10,105
He reminded people of
the good Facebook can do
482
00:26:10,144 --> 00:26:13,865
while acknowledging
the bad it had done.
483
00:26:13,904 --> 00:26:15,785
And as Facebook has
grown people everywhere
484
00:26:15,825 --> 00:26:18,904
have gotten a powerful new
tool for staying connected
485
00:26:18,944 --> 00:26:23,064
to the people they love, for
making their voices heard
486
00:26:23,105 --> 00:26:25,985
and for building
communities and businesses.
487
00:26:26,025 --> 00:26:28,705
Just recently, we've
seen the Me Too movement
488
00:26:28,744 --> 00:26:31,384
and the March for Our Lives
organized at least in part
489
00:26:31,424 --> 00:26:32,984
on Facebook.
490
00:26:33,025 --> 00:26:35,945
After hurricane Harvey, people
came together to raise more
491
00:26:35,984 --> 00:26:37,984
than $20 million for relief.
492
00:26:39,305 --> 00:26:42,785
And more than 70 million
small businesses use Facebook
493
00:26:42,825 --> 00:26:44,825
to create jobs and grow.
494
00:26:46,105 --> 00:26:48,184
But it's clear now that
we didn't do enough
495
00:26:48,224 --> 00:26:51,625
to prevent these tools from
being used for harm as well.
496
00:26:51,664 --> 00:26:54,625
And that goes for fake
news, foreign interference
497
00:26:54,664 --> 00:26:57,784
in elections and hate
speech, as well as developers
498
00:26:57,825 --> 00:26:58,825
and data privacy.
499
00:27:00,025 --> 00:27:03,065
We didn't take a broad enough
view of our responsibility
500
00:27:03,105 --> 00:27:06,625
and that was a big mistake
and it was my mistake.
501
00:27:06,664 --> 00:27:07,384
And I'm sorry.
502
00:27:08,664 --> 00:27:10,345
I started Facebook.
503
00:27:10,384 --> 00:27:11,704
I run it.
504
00:27:11,744 --> 00:27:13,704
And I'm responsible
for what happens here.
505
00:27:15,744 --> 00:27:20,024
In 2019, the
FTC fined Facebook $5 billion
506
00:27:21,025 --> 00:27:23,905
over violations of user privacy.
507
00:27:23,944 --> 00:27:26,424
A record breaking fine
for a tech company.
508
00:27:29,065 --> 00:27:32,865
The database that Facebook
has amassed is humongous.
509
00:27:32,904 --> 00:27:35,345
It is no surprise that the
company and its creator
510
00:27:35,384 --> 00:27:37,384
have drawn a lot
of controversies.
511
00:27:38,825 --> 00:27:41,345
Many have struggled to
understand the business model
512
00:27:41,384 --> 00:27:43,865
of the social media giant.
513
00:27:43,904 --> 00:27:47,625
For some, it has become
too big to regulate
514
00:27:47,664 --> 00:27:49,224
and they asked the question,
515
00:27:50,785 --> 00:27:52,745
"should we still trust it?"
516
00:28:01,825 --> 00:28:04,705
Zuckerberg's reputation was
threatened many times over
517
00:28:04,744 --> 00:28:07,704
and he has had to learn
how to manage his anxiety
518
00:28:07,744 --> 00:28:10,625
as well as his public image.
519
00:28:10,664 --> 00:28:12,865
However, the negative
image from his accusation
520
00:28:12,904 --> 00:28:16,345
seemingly did little to
slow the company's progress.
521
00:28:16,384 --> 00:28:20,865
After a surge in his
company's stock price in 2018,
522
00:28:20,904 --> 00:28:23,424
Zuckerberg, unseated
Warren Buffet
523
00:28:23,464 --> 00:28:26,384
and became the world's
third richest person
524
00:28:26,424 --> 00:28:30,264
behind fellow tech billionaires,
Jeff Bezos and Bill Gates.
525
00:28:35,825 --> 00:28:39,105
In the end, Zuckerberg seems
to want to prove to the world
526
00:28:39,144 --> 00:28:41,305
that he is just a normal person.
527
00:28:42,505 --> 00:28:46,025
To this day he still wears a
signature, casual gray T-shirt
528
00:28:46,065 --> 00:28:48,384
and jeans on a daily basis.
529
00:28:48,424 --> 00:28:51,345
Even in major business meetings.
530
00:28:51,384 --> 00:28:55,984
His style is perhaps the
most famous of all tech CEOs.
531
00:28:56,025 --> 00:28:58,745
Seeing he consistently
wears the same outfit.
532
00:28:59,424 --> 00:29:01,345
However, don't be fooled,
533
00:29:01,384 --> 00:29:05,105
these T-shirts are known
to cost at least $300.
534
00:29:06,664 --> 00:29:09,105
He revealed he wears the same
clothes over and over again
535
00:29:09,144 --> 00:29:10,944
because he wants to
limit the time he spends
536
00:29:10,984 --> 00:29:14,424
making decisions so he can
concentrate on real work.
537
00:29:15,984 --> 00:29:18,304
He inspires his employees to
keep the office environment
538
00:29:18,345 --> 00:29:20,985
casual, yet productive.
539
00:29:21,025 --> 00:29:23,384
He has said, "I want
to clear my life
540
00:29:23,424 --> 00:29:26,184
so that I have to make as
few decisions as possible
541
00:29:26,224 --> 00:29:30,344
about anything except how to
best serve this community."
542
00:29:31,825 --> 00:29:33,065
With all this wealth,
543
00:29:33,105 --> 00:29:35,424
there's one thing the
billionaire doesn't seem to mind
544
00:29:35,464 --> 00:29:38,944
splurging on, real estate.
545
00:29:38,984 --> 00:29:41,784
And he has a knack for
buying surrounding properties
546
00:29:41,825 --> 00:29:44,904
to the ones he buys
to ensure his privacy.
547
00:29:55,825 --> 00:30:00,144
In 2014, his real estate
portfolio jumped even more,
548
00:30:00,184 --> 00:30:03,304
as he spent $100 million
on two properties
549
00:30:03,345 --> 00:30:04,985
on the Island of Kauai.
550
00:30:07,825 --> 00:30:09,825
An immense former
sugar plantation
551
00:30:13,345 --> 00:30:16,345
and a huge property
with a white sand beach.
552
00:30:19,384 --> 00:30:21,984
Zuckerberg said he and
Chan bought the land
553
00:30:22,025 --> 00:30:25,825
because they're dedicated to
preserving its natural beauty.
554
00:30:25,865 --> 00:30:28,345
According to his Facebook
page, the property's farm
555
00:30:28,384 --> 00:30:30,664
is even home to
goats and turtles.
556
00:30:37,664 --> 00:30:40,105
He's also bought
properties on Lake Tahoe
557
00:30:40,144 --> 00:30:43,785
costing $59 million combined.
558
00:30:43,825 --> 00:30:46,705
He owns in total 10 properties.
559
00:30:49,025 --> 00:30:52,265
Zuckerberg doesn't appear
to travel much for pleasure,
560
00:30:52,305 --> 00:30:55,345
but when he does travel
Facebook foots the bill.
561
00:31:02,704 --> 00:31:06,144
In 2018, Facebook
approved a record high
562
00:31:06,184 --> 00:31:09,825
$10 million annual security
budget for Zuckerberg
563
00:31:09,865 --> 00:31:13,424
for bodyguards, security
measures for his houses
564
00:31:13,464 --> 00:31:15,064
and private aircraft.
565
00:31:20,904 --> 00:31:25,904
On May 25th, 2017 at Harvard's
366 commencement day,
566
00:31:27,384 --> 00:31:31,184
Zuckerberg received an
honorary degree from Harvard.
567
00:31:32,785 --> 00:31:35,345
He gave an emotional
commencement speech
568
00:31:35,384 --> 00:31:38,144
as he recalled his
old days of the school
569
00:31:38,184 --> 00:31:40,424
and how Facebook might
never have happened
570
00:31:40,464 --> 00:31:42,304
without him being there.
571
00:31:47,144 --> 00:31:49,184
Change starts local.
572
00:31:50,744 --> 00:31:54,424
Even global change starts
small with people like us.
573
00:31:55,585 --> 00:31:59,825
In our generation, the struggle
of whether we connect more,
574
00:31:59,865 --> 00:32:02,224
whether we achieve our
greatest opportunities,
575
00:32:02,265 --> 00:32:04,384
comes down to this,
576
00:32:04,424 --> 00:32:09,384
your ability to build
communities and create a world
577
00:32:10,944 --> 00:32:13,625
where every single person
has a sense of purpose.
578
00:32:15,224 --> 00:32:18,344
In August,
2020, one of his genius moves
579
00:32:18,384 --> 00:32:23,384
propelled Zuckerberg's personal
net worth over $100 billion
580
00:32:24,144 --> 00:32:25,785
for the first time.
581
00:32:25,825 --> 00:32:28,265
Facebook launched
in over 50 countries
582
00:32:28,305 --> 00:32:32,144
a new Instagram feature that
competed directly with TikTok
583
00:32:32,184 --> 00:32:35,865
in the US, Instagram Reels.
584
00:32:37,224 --> 00:32:40,744
We live in a society that
never stops evolving,
585
00:32:40,785 --> 00:32:43,345
Zuckerberg hasn't stopped
innovating, and coming up
586
00:32:43,384 --> 00:32:45,424
with new ideas.
587
00:32:45,464 --> 00:32:48,664
He has understood that
constant innovation is crucial
588
00:32:48,704 --> 00:32:50,384
to make it in modern society.
589
00:32:52,224 --> 00:32:54,144
We're here to talk
about online platforms,
590
00:32:54,184 --> 00:32:57,825
but I think the true nature of
competition is much broader.
591
00:32:57,865 --> 00:32:59,785
When Google bought YouTube,
they could compete against
592
00:32:59,825 --> 00:33:02,985
the dominant player in the
video, that's the cable industry.
593
00:33:03,025 --> 00:33:05,665
When Amazon bought Whole Foods,
they could compete against
594
00:33:05,704 --> 00:33:07,184
Kroger's and Walmart.
595
00:33:07,224 --> 00:33:10,304
When Facebook bought WhatsApp,
we can compete against telcos
596
00:33:10,345 --> 00:33:13,825
who used to charge 10 cents a
text message, but not anymore.
597
00:33:13,865 --> 00:33:16,825
Now people can watch video,
get groceries delivered
598
00:33:16,865 --> 00:33:21,345
and send private messages
for free, that's competition.
599
00:33:21,384 --> 00:33:24,825
New companies are created all
the time, all over the world.
600
00:33:24,865 --> 00:33:27,184
And history shows that if
we don't keep innovating
601
00:33:27,224 --> 00:33:30,384
someone will replace
every company here today.
602
00:33:30,424 --> 00:33:33,744
And that change can often
happen faster than you expect.
603
00:33:45,025 --> 00:33:47,384
Today as the
world battles the COVID-19
604
00:33:47,424 --> 00:33:51,065
global pandemic and people
are shielded at home,
605
00:33:51,105 --> 00:33:55,065
Facebook has become a
go-to communications tool.
606
00:33:55,105 --> 00:33:59,025
Zuckerberg along with Jeff
Bezos has had the biggest gains
607
00:33:59,065 --> 00:34:00,424
in 2020.
608
00:34:05,464 --> 00:34:09,344
The 36 year old became
the third centibillionaire
609
00:34:09,385 --> 00:34:10,625
on earth.
610
00:34:11,945 --> 00:34:15,385
But for him starting Facebook
was not about the money.
611
00:34:15,425 --> 00:34:17,985
Little did he know that the
small website he was running
612
00:34:18,025 --> 00:34:19,704
out of his dorm
room would become
613
00:34:19,744 --> 00:34:22,864
the multi-billion dollar
corporation it is today,
614
00:34:23,784 --> 00:34:25,704
but he had a vision.
615
00:34:25,744 --> 00:34:29,304
And he said, "the thing I really
care about is the mission,
616
00:34:29,344 --> 00:34:31,704
making the world open."
617
00:34:50,824 --> 00:34:52,824
So thanks to Facebook profits,
618
00:34:52,864 --> 00:34:55,864
Zuckerberg became the
world's youngest billionaire.
619
00:34:56,985 --> 00:34:58,265
He started a family
620
00:35:00,144 --> 00:35:04,425
and bought up big multi-million
dollar properties.
621
00:35:04,465 --> 00:35:07,065
For sure his wealth
has allowed him to have
622
00:35:07,105 --> 00:35:09,105
a privileged life.
623
00:35:09,144 --> 00:35:11,344
To most people, Mark
Zuckerberg is only
624
00:35:11,385 --> 00:35:14,345
the multi-billionaire CEO,
625
00:35:14,385 --> 00:35:16,785
but there's also
another way to see him.
626
00:35:16,824 --> 00:35:20,784
He is also a devoted and
loving father and husband.
627
00:35:20,824 --> 00:35:23,984
He regularly shares candid
photos of his family on Facebook
628
00:35:24,025 --> 00:35:27,785
and the Instagram, to show
the world that he is embracing
629
00:35:27,824 --> 00:35:29,224
being a father.
630
00:35:57,824 --> 00:35:59,984
But ultimately, luxury
isn't the only thing
631
00:36:00,025 --> 00:36:02,825
that Zuckerberg has
put millions into.
632
00:36:02,864 --> 00:36:06,384
In fact, his main priority
is giving his money away
633
00:36:06,425 --> 00:36:08,025
rather than spending it.
634
00:36:09,025 --> 00:36:12,345
He has pledged hundreds
of millions to charity,
635
00:36:12,385 --> 00:36:16,785
at 36 he is doing his part
to spread the wealth around.
636
00:36:16,824 --> 00:36:20,024
Zuckerberg and his wife are
generous philanthropists,
637
00:36:20,065 --> 00:36:22,385
investing billions in
childhood education
638
00:36:22,425 --> 00:36:23,985
and medical research.
639
00:36:25,304 --> 00:36:28,864
In 2010, Zuckerberg announced
on the Oprah Winfrey Show
640
00:36:28,905 --> 00:36:32,385
that he was donating $100
million to the public schools
641
00:36:32,425 --> 00:36:33,985
of New Jersey.
642
00:36:36,945 --> 00:36:38,184
Okay.
643
00:36:38,224 --> 00:36:40,985
So okay, why education
and why Newark?
644
00:36:41,025 --> 00:36:42,345
Why education?
645
00:36:42,385 --> 00:36:45,025
Because every child
deserves a good education,
646
00:36:45,065 --> 00:36:46,385
and right now that's
not happening.
647
00:36:50,824 --> 00:36:52,904
I've had a lot of
opportunities in my life.
648
00:36:52,945 --> 00:36:55,664
And a lot of that
comes from, having gone
649
00:36:55,704 --> 00:36:56,864
to really good schools.
650
00:36:56,905 --> 00:36:59,345
And I just wanna do what I
can to make sure that everyone
651
00:36:59,385 --> 00:37:00,985
has those same opportunities.
652
00:37:01,025 --> 00:37:02,305
The couple
announced that year
653
00:37:02,344 --> 00:37:04,984
that they were signing
on to The Giving Pledge,
654
00:37:05,025 --> 00:37:07,785
joining Bill Gates
and Warren Buffet,
655
00:37:07,824 --> 00:37:10,024
a commitment made by
billionaires to give away
656
00:37:10,065 --> 00:37:12,905
more than half of their
wealth during their lifetimes
657
00:37:12,945 --> 00:37:14,625
or in their wills.
658
00:37:15,744 --> 00:37:17,904
"We will spend our lives
working to make sure
659
00:37:17,945 --> 00:37:20,265
future generations have
the greatest opportunities
660
00:37:20,304 --> 00:37:23,065
possible," the couple
wrote in a letter.
661
00:37:24,224 --> 00:37:26,904
In December, 2015, they founded
662
00:37:26,945 --> 00:37:29,225
the Chan Zuckerberg Initiative,
663
00:37:29,264 --> 00:37:32,025
that will focus on
health and education.
664
00:37:32,065 --> 00:37:35,264
And pledged to give away
99% of their Facebook stake
665
00:37:35,304 --> 00:37:38,264
over their lifetimes
to improve lives.
666
00:37:44,744 --> 00:37:47,384
They have donated $25
million toward fighting
667
00:37:47,425 --> 00:37:49,144
the Ebola virus.
668
00:37:49,184 --> 00:37:51,985
And have said their goal
is to cure all diseases
669
00:37:52,025 --> 00:37:54,105
in the lifetime of
their daughters.
670
00:37:54,144 --> 00:37:56,784
A couple of weeks ago,
Priscilla and I made a donation
671
00:37:56,824 --> 00:37:58,625
to help the people on the
ground leading the fight
672
00:37:58,664 --> 00:38:00,065
against Ebola.
673
00:38:00,105 --> 00:38:03,105
Stopping Ebola is something
we both really care about.
674
00:38:03,144 --> 00:38:04,985
The Ebola epidemic
in West Africa
675
00:38:05,025 --> 00:38:07,905
has become one of the biggest
health crises in the world.
676
00:38:07,945 --> 00:38:09,985
Thousands of lives
have already been lost.
677
00:38:10,025 --> 00:38:12,945
And if we don't act now, then
many more people will suffer,
678
00:38:12,985 --> 00:38:16,105
and Ebola could become a
long-term global crisis.
679
00:38:16,144 --> 00:38:18,985
At Facebook, we wanna make
sure that we do our part
680
00:38:19,025 --> 00:38:21,305
to help in the
fight against Ebola
681
00:38:21,344 --> 00:38:24,304
Amid the
Corona outbreak in 2020,
682
00:38:24,344 --> 00:38:27,264
Zuckerberg also
donated $25 million
683
00:38:27,304 --> 00:38:30,024
to the Bill and Melinda
Gates Foundation
684
00:38:30,065 --> 00:38:32,905
that is searching for
treatments for the disease.
685
00:38:40,864 --> 00:38:44,625
Mark Zuckerberg changed the
game of the internet forever.
686
00:38:44,664 --> 00:38:48,264
Ever since Facebook came,
everything's sped up,
687
00:38:48,304 --> 00:38:50,664
connecting,
advertising, marketing.
688
00:38:51,864 --> 00:38:54,304
Everything started
on this one platform.
689
00:38:55,784 --> 00:38:58,304
And even today, when
people claim that Facebook
690
00:38:58,344 --> 00:39:00,384
is losing its popularity,
691
00:39:00,425 --> 00:39:05,144
it gets roughly 7,000 people
registered in every 15 minutes.
692
00:39:07,025 --> 00:39:09,385
It is even popular in
China where it's banned
693
00:39:09,425 --> 00:39:10,345
by the government.
694
00:39:11,864 --> 00:39:14,384
Almost everyone today who
has access to the internet
695
00:39:14,425 --> 00:39:16,225
has a Facebook account too.
696
00:39:17,704 --> 00:39:19,784
However controversial it may be,
697
00:39:21,144 --> 00:39:25,184
Facebook is in the
game for the long run.
698
00:39:31,184 --> 00:39:34,384
The tech industry
is an American success story.
699
00:39:34,425 --> 00:39:36,185
The products we build
have changed the world
700
00:39:36,224 --> 00:39:38,184
and improved people's lives.
701
00:39:38,224 --> 00:39:39,784
Our industry is one of the ways
702
00:39:39,824 --> 00:39:42,184
that America shares its
values with the world,
703
00:39:42,224 --> 00:39:45,304
and one of our greatest
economic and cultural exports.
704
00:39:46,224 --> 00:39:48,424
Facebook is part of this story.
705
00:39:48,465 --> 00:39:51,985
We started with an idea to
give people the power to share
706
00:39:52,025 --> 00:39:53,184
and connect.
707
00:39:53,224 --> 00:39:57,184
And we built services that
billions of people find useful.
708
00:39:57,224 --> 00:40:00,105
I'm proud that we've given
people who've never had a voice
709
00:40:00,144 --> 00:40:02,784
before, the
opportunity to be heard
710
00:40:02,824 --> 00:40:05,384
and given small
businesses access to tools
711
00:40:05,425 --> 00:40:08,345
that only the largest
players used to have.
712
00:40:08,385 --> 00:40:11,705
Since COVID emerged, I'm
proud that people have used
713
00:40:11,744 --> 00:40:15,025
our services to stay in touch
with friends and family,
714
00:40:15,065 --> 00:40:16,825
who they can't be
with in person.
715
00:40:16,864 --> 00:40:19,625
And to keep their small
businesses running online
716
00:40:19,664 --> 00:40:21,704
when physical stores are closed.
717
00:40:22,704 --> 00:40:25,105
I believe that Facebook
and the US tech industry
718
00:40:25,144 --> 00:40:27,985
are a force for innovation
and empowering people.
719
00:40:28,025 --> 00:40:30,744
But I recognize that there
are concerns about the size
720
00:40:30,784 --> 00:40:32,304
and power of tech companies.
721
00:40:37,465 --> 00:40:40,144
Mark Zuckerberg
was only just 19
722
00:40:40,184 --> 00:40:42,065
when he built the
social media giant
723
00:40:42,105 --> 00:40:44,744
out of his small
campus dorm room
724
00:40:44,784 --> 00:40:48,024
and changed the world
and the internet forever.
725
00:40:49,025 --> 00:40:51,945
Facebook has strived
for more than a decade
726
00:40:51,985 --> 00:40:55,144
after an extraordinary
growth in size and influence,
727
00:40:56,385 --> 00:40:59,105
the internet pioneer has led
the company through the years,
728
00:40:59,144 --> 00:41:02,144
through scandals,
challenges and turmoil,
729
00:41:02,184 --> 00:41:04,864
and yet, it is still standing.
730
00:41:06,065 --> 00:41:08,945
Undoubtedly, it is an
enormous success story.
731
00:41:10,105 --> 00:41:12,385
Facebook now has more
than 2 billion users
732
00:41:12,425 --> 00:41:14,385
all around the world.
733
00:41:14,425 --> 00:41:17,664
It has made people able to
connect more than ever before.
734
00:41:18,824 --> 00:41:21,264
Thanks to Zuckerberg,
people around the globe
735
00:41:21,304 --> 00:41:24,304
can easily keep in touch
with all their families
736
00:41:24,344 --> 00:41:27,824
and it rallies people together
through groups and fan pages.
737
00:41:29,224 --> 00:41:32,944
Not so long ago, society to
not have such an opportunity.
738
00:41:34,105 --> 00:41:36,865
So although its true
value is debatable,
739
00:41:36,905 --> 00:41:39,665
it's safe to say that
Facebook and its creator,
740
00:41:39,704 --> 00:41:42,784
are two of the 21st
centuries, most influential,
741
00:41:42,824 --> 00:41:45,984
controversial and
powerful figures.
742
00:41:47,385 --> 00:41:51,225
Mistakes were made along way,
but they paid off in the end.
743
00:41:52,385 --> 00:41:56,345
Taking risks is one of the
secrets to Zuckerberg's success.
744
00:41:56,385 --> 00:42:00,865
He claims, "the biggest risk
is not taking any risk."
745
00:42:02,224 --> 00:42:05,224
Mark Zuckerberg remained
true to his initial vision
746
00:42:05,264 --> 00:42:09,625
and his one social
mission, connecting people,
747
00:42:09,664 --> 00:42:14,264
building community and bringing
the world closer together.
748
00:42:14,304 --> 00:42:17,984
He has succeeded far and wide.
749
00:42:18,025 --> 00:42:20,945
He has built an empire.
750
00:42:22,465 --> 00:42:26,265
My top priority has always
been our social mission
751
00:42:26,304 --> 00:42:28,944
of connecting people,
building community
752
00:42:28,985 --> 00:42:31,385
and bringing the
world closer together.
753
00:42:31,425 --> 00:42:34,385
Advertisers and developers
will never take priority
754
00:42:34,425 --> 00:42:37,065
over that as long as
I'm running Facebook.
755
00:42:38,425 --> 00:42:41,025
I started Facebook
when I was in college,
756
00:42:41,065 --> 00:42:43,184
we've come a long
way since then.
757
00:42:43,224 --> 00:42:47,065
We now serve more than 2
billion people around the world,
758
00:42:47,105 --> 00:42:50,224
and every day people use our
services to stay connected
759
00:42:50,264 --> 00:42:52,264
with the people that
matter to them most.
760
00:42:53,425 --> 00:42:55,745
I believe deeply in
what we're doing.
761
00:42:55,784 --> 00:42:58,984
And I know that when we
address these challenges
762
00:42:59,025 --> 00:43:01,144
we'll look back and view
helping people connect
763
00:43:01,184 --> 00:43:03,824
and giving more people a
voice, as a positive force
764
00:43:03,864 --> 00:43:04,744
in the world.
765
00:43:20,456 --> 00:43:25,456
Provided by explosiveskull
https://twitter.com/kaboomskull