Network and Share for More Power!



Saturday, February 4, 2012

Entrepreneurial tips fr Facebook success story

Found a riveting read on entrepreneurship pertaining to Facebook early days. Write-ups are abundant nowadays about its pending biggest-ever IPO for a tech company. However, stories on Facebook as a start-up company offer more tips to us entrepreneurs - women and men.

There are plenty to learn from how undergraduate Zuckerberg went about convincing people to put money into his start-up thefacebook.com. Now we could only envy those who had invested early in him; seeing their million dollar investment turns into billion within a decade.

"It is not easy capturing the attention of Jim Breyer, one of Silicon Valley's leading venture capitalists. But Mark Zuckerberg, a 21-year-old Harvard student, managed to do it with a Web site that has attracted 2.8 million registered users on more than 800 campuses since it began in February 2004. 

Mr. Breyer was so taken with Mr. Zuckerberg's company, thefacebook.com, which creates online interactive college-student networks, that his firm, Accel Partners, plans to announce a $13 million investment in the start-up today."

Go read the rest of the story here  news story on Accel’s website

No doubt there are other 'Mark Zuckerbergs' on other campuses around the world. What would we give to be associated early on, while still in college, with such minds and put what little we had then to invest in them and their projects?

Happy Chap Goh Mei to all celebrating the Dragon New Year!

Scenes along "Harmony Street" in George Town, Penang during CNY celebrations 2012.








No comments:

Post a Comment