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Facebook CEO turns 28, IPO could be $100B gift

NEW YORK (AP) - his famous wearing a hoodie, jeans and sneakers, he was born, Apple introduced the Macintosh. Mark Zuckerberg is no boy CEO.
Facebook's CEO turned to 28, 1998 (Monday), social networks set in motion the biggest ever week. The company is expected to start initial last Friday to begin trading on the Nasdaq Stock Market sale to the public. The IPO may be worth nearly $ 10 billion U.S. dollars in Facebook, worth more than Disney, Ford and Kraft Foods iconic company.
28, Zuckerberg is the average age of the CEO of fully half of the S & P 500 index, according to executive search firm Spencer Stuart. For eight years, than the CEO of his term of office for a little more than seven years of leadership as a record of more time, according to Spencer. Even so, the pressure of running a listed company will no doubt take some getting used. Facebook's began to sell stock, Zuckerberg is expected to please a new stakeholder, including the Wall Street investment firms, hedge funds and pension funds, put pressure on him, in order to maintain the company's growth.
Young, he seems to be in that hooded sweatshirt, Zuckerberg about than Steve Jobs, the same age when the two with his own company, Dell Inc. and Apple, the public, Michael Dell and the elderly. As Facebook's chief executive, he in his many years of meeting world leaders, riding a bull market in Vietnam, while on vacation, start learning Chinese Mandarin and as a personal challenge, wearing a tie for a year.
Facebook, of course in Zuckerberg's the messy Harvard dorm room in early 2004. Known as Thefacebook.com back in those days, to create a site to help Harvard students - and later other college students - to connect with each other online. Grown to include children in the fragmented site, so anyone with an Internet connection. Today, more than 900 million people log on at least once a month, making the authority on the world of Facebook's social network.
Has been, Zuckerberg has exceeded his years of maturity. As the rapid growth of the site, and cause the eyes of the major media and Internet company competitors, Zuckerberg has always refused to offer coveted, including Google Inc. and Yahoo Inc.
Zuckerberg wrote in the letter of his prospective shareholders ":" Simply put: we do not establish service to make money, make money, to build a better service. "We think this is a good way to build things these days, I think more and more people want to use a service company, I believe not only to maximize profits of things."
It has been observed in close cooperation to Zuckerberg, said his age is an asset. He is a generation grew up with everything around there is always something the Internet, computers, social. Many of his employees are younger than him, there are a lot of the rise and future technology entrepreneurs compete with him.
"I do not think you can create a company, if you are an old guy like me, and said:" David Kirkpatrick, a 59-year-old writer, who is the "Facebook effect" of the company's early history records. Kirkpatrick, who also Techonomy, hosted the meeting on the technical, economic and social progress in the relationship between the media company's founder, six years ago for the first time met with Zuckerberg. He said he left a deep impression on his vision, even at the time. "This is the willingness to take risks, willing to abide by a very modern vision ... I do not think he was too young, I would like to Most CEOs are too old."
Zuckerberg, who lives in Palo Alto, California, named after the beast with his girlfriend and Hungarian white Puli dog has matured, as the leadership of experienced instructors help. One of his closest advisers, Sandberg, he hired from Google in 2008. Zuckerberg, sometimes embarrassing public appearances, to achieve a sharp, savvy advertising executive supplement their own inadequacies. Sandberg, Zuckerberg's No. 2, Chief Operating Officer, responsible for advertising, often as Facebook's smile, the face of public services. Then there is the 66-year-old CEO and Washington Post Chairman Donald Graham, as a mentor Zuckerberg, Facebook's board seats held.
Rebecca Lieb, the Altimeter Group analyst, said Zuckerberg has formed a team "truly exceptional deputy," David Ebersman, Facebook's chief financial officer, who cheer from the biotechnology company Genentech, is another example. Zuckerberg hired in 2009, his said Ebersman the previous work, to help scaling, in the fast-growing biotechnology company financial organizations will be important to Facebook
He is correct. Facebook's revenue growth from $ 777 million in 2009 to $ 3.7 billion last year. In the first quarter of 2012, more than one hundred million U.S. dollars.
Clearly, Zuckerberg still has a lot to learn. Zuckerberg, Facebook's IPO "road show" part of last week, visited several of the historic East Coast financial institutions, wearing his signature hoodie. Silicon Valley insiders to defend their fashion choices, others see it as a sign of immaturity. Is it because of some speculation, a sign of a rebellious 20-something? Wedbush Securities analyst Michael Pachter, Zuckerberg's attitude and clothing symbolizes the transcendent level to stakeholders. "
"He seems to be very concentrated and very employee focused customers. I do not know his concern for others ... if he was going to listed, he answered questions from shareholders, Pachter said." "This is why Google hired Eric Schmidt, which is why ultimately forcing Apple's Steve Jobs. "
Work, in fact, is the heart and soul of another Silicon Valley, Zuckerberg's ear. He is 1980 25 Apple when in public. Five years later, he was expelled, and John Sculley conflict Pepsi implementation of Apple hired former Chief Executive. Jobs is famous return to lead Apple in 1997, the company has to grow, because
Not many people understand the relationship between Jobs and Zuckerberg shared, but Steve Jobs told his biographer Walter Isaacson: "We are talking about multiple social networks, but I do not see any other than Facebook, Facebook, they dominate I admire Mark Zuckerberg ... do not sell to a company want to do, I admire a lot. "
When Steve Jobs died in October last year, Zuckerberg wrote on his Facebook page, "Steve, Thank you for your mentor and friend. Show you establish what can change the world thanks I will miss you."
The Jon Burgstone the University of California, Berkeley, professor of entrepreneurship and technology center that Zuckerberg will need to maintain his point, and continues to develop.
"He has become the most famous person in the world, is one of the richest," he said. "He walked into a room, you can feel the excitement of the people during the peak close to him, he has time to learn the countermeasures of such fame and fortune, but now it is advancing to a new level. How he to deal with it emotional and professional? "
Lieb miracle in life, Zuckerberg has led ever since. Imagine, more than 20 years old, a self-made billionaire, your life the theme of Hollywood movies. Lieb said, "This is a lifelong guy is not also 30.


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