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The inside story of Facebook, told with the full, exclusive cooperation of founder Mark Zuckerberg and the company's other leaders.
In little more than half a decade, Facebook has gone from a dorm-room novelty to a company with 500 million users. It is one of the fastest growing companies in history, an essential part of the social life not only of teenagers but hundreds of millions of adults worldwide. As Facebook spreads around the globe, it creates surprising effects--even becoming instrumental in political protests from Colombia to Iran.
Veteran technology reporter David Kirkpatrick had the full cooperation of Facebook's key executives in researching this fascinating history of the company and its impact on our lives. Kirkpatrick tells us how Facebook was created, why it has flourished, and where it is going next. He chronicles its successes and missteps, and gives readers the most complete assessment anywhere of founder and CEO Mark Zuckerberg, the central figure in the company's remarkable ascent. This is the Facebook story that can be found nowhere else.
How did a nineteen-year-old Harvard student create a company that has transformed the Internet and how did he grow it to its current enormous size? Kirkpatrick shows how Zuckerberg steadfastly refused to compromise his vision, insistently focusing on growth over profits and preaching that Facebook must dominate (his word) communication on the Internet. In the process, he and a small group of key executives have created a company that has changed social life in the United States and elsewhere, a company that has become a ubiquitous presence in marketing, altering politics, business, and even our sense of our own identity. This is the Facebook Effect.
Includes bibliographical references (p. [340]-354) and index.
Prologue: the Facebook effect -- The beginning -- Palo Alto -- Social networking and the Internet -- Fall 2004 -- Investors -- Becoming a company -- Fall 2005 -- The CEO -- Privacy -- 2006 -- The platform -- 15 billion -- Making money -- Facebook and the world -- Changing our institutions -- The evolution of Facebook -- The future.
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Library Journal Review
This business history and biography of Facebook's founders, especially visionary Mark Zuckerberg, chronicles Facebook's surprising Ivy League beginnings in a Harvard University dormitory and how it spread to other college campuses and high school audiences before opening up to the general public. Despite Facebook's phenomenal growth, Zuckerberg claimed the goals were to increase networking and the sharing of information among individuals. Zuckerberg's vision, however, has made him and his fellow founding innovators multibillionaires, yielded Facebook competitive advantage and economies of scale, and made Zuckerberg one of the youngest CEOs of a company with such a large market capitalization. VERDICT This book, describing how Facebook kept evolving, the controversies it has faced, and what the future holds, was written with Zuckerberg's knowledge and is based on extensive interviews with him, so it is highly recommended for readers who want to understand better what drives entrepreneurial passion and risk taking. [See Prepub Alert, LJ 2/15/10.]-Caroline Geck, MLS, MBA, Somerset, NJ (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.
Publishers Weekly Review
There's never been a Web site like Facebook: more than 350 million people have accounts, and if the growth rate continues, by 2013 every Internet user worldwide will have his or her own page. And no one's had more access to the inner workings of the phenomenon than Kirkpatrick, a senior tech writer at Fortune magazine. Written with the full cooperation of founder Mark Zuckerberg, the book follows the company from its genesis in a Harvard dorm room through its successes over Friendster and MySpace, the expansion of the user base, and Zuckerberg's refusal to sell. The author is at his best discussing the social implications of the site, from the changing notions of privacy to why and how people use Facebook-increasingly it's to come together around a common interest or cause (the eponymous "Facebook Effect"). Though significantly more informative, thoughtful, and credible than Ben Mezrich's The Accidental Billionaires, it may be hamstrung by its late entry; the furor over Facebook has more or less subsided, and potential readers are more likely to be using the site than to be reading about its origins. (June) (c) Copyright PWxyz, LLC. All rights reserved
CHOICE Review
Kirkpatrick (former technology editor, Fortune Magazine) describes how Facebook founder Mark Zuckerberg and colleagues helped create the world's most popular Web site. As preparation for this book, he conducted multiple interviews with Facebook executives including Zuckerberg. The chronological story begins at Harvard with a successful social network experiment called "Thefacebook." The site grew to other campuses with the help of Dustin Moskovitz, Eduardo Saverin, and others. A move to Palo Alto, California, led to help from entrepreneur Sean Parker and a series of investments that turned Facebook into a major company. Major issues Kirkpatrick covers include finding ways to prioritize openness and fairness over profits; enhancing privacy settings; friending; competing with sites such as LinkedIn, MySpace, Friendster, Twitter, and Orkut; and managing social and political influence in the global market. Kirkpatrick also shares details such as who met whom for lunch, debates over Web site features, investor thinking, and Zuckerberg's vision. These insider elements make the book great and unique. Eight pages of picture; numerous references. Summing Up: Highly recommended. General readers; lower-division undergraduate students through professionals. G. E. Kaupins Boise State University
Booklist Review
*Starred Review* The greatest measure of the appeal of a business narrative is its story-ability, that is, the ways in which the tale of a corporation's ups and downs grabs its readers. Such is the case with Fortune magazine journalist Kirkpatrick's look at Facebook and its growth. The reason? In part because its co-founder now CEO Mark Zuckerberg allowed almost unprecedented access to the author--not one but several times. The results seems to mirror Zuckerberg's insistence on an open and transparent dialogue with itself and with its customers. Starting from a 2003 Harvard campus Web site created to keep track of schoolmates, Facebook has grown in less than a decade to nearly a half billion users and multimillions in revenues, a growth trajectory credited to its C-suite's unwavering vision and its continual innovations--including News Feed, multiple applications, and self-service advertising. Talented people, too, add to the explosion that is Facebook; Kirkpatrick's pages are populated with names like Steve Ballmer, Lawrence Summers, Larry Brin, and lesser-known others who've contributed to this social networking phenomenon. Kirkpatrick also keeps his superlatives in check, weaving stories about Zuckerberg and his cadre while clearly showing the warts as well. An intriguing, almost participatory, read.--Jacobs, Barbara Copyright 2010 Booklist