Nov 30 2010
The Social Network
Certainly the primary role of any entrepreneur is to firstly generate an idea. Recently, a movie called “the Social Network” was released, whose plot was based upon Facebook, an enormous social media engine today, which was founded based upon a simple idea. Specifically when Mark Zuckerberg, found of this multi-national company, began devising his plan, he simply wished to take the college social experience and put it online. While entrepreneurial business’s can be considerably risky, Facebook exploded on the college scene, encompassing users from numerous colleges worldwide and eventually expanded to any particular user. Much like any company, Facebook began with personal investments from is founders, enabling the project to get off the ground. However as it expanded these small funds could not support the website due to its growing popularity. As a result, Facebook found investors who issued and angel investment, establishing the company as a legitimate organization. After viewing this movie I certainly bettered my understanding of entrepreneurial businesses, additionally allowing myself to view the correlations between Facebook and the concepts which we learned in our entrepreneurial lecture.
