Category: Social Entrepreneurship
The stories of some of the biggest social sites, the entrepreneurs they were started by and their development over the years…
RebelMouse is an ingenious idea that allows users to be able to manage all of their social activity in one spot. In essence, this provides one simple homepage for everything that embodies a person’s social life. Users are able to curate information, view tweets, examine real-time Facebook posts and enjoy every aspect of the social networking world from one platform. The arrangement is so amazing, but it had to start somewhere. The idea behind RebelMouse started with Huffington Post’s former CTO Paul Berry. RebelMouse was launched in June 2012 and it allows its users to extract their content from across...
Facebook’s Startup Story Facebook (www.facebook.com) was launched in February 2004 as a social network by Mark Zuckerberg and his Harvard classmates. Within five years it surpassed MySpace as the leading social network website. At first, the site was called “The Facebook” and was created for Harvard students to communicate with each other. It was then expanded to other Ivy League universities. The response was strong, so the site expanded membership to more mainstream schools and colleges. From there Zuckerberg opened up the floodgates to the public and the site’s user base grew exponentially. Zuckerberg’s first attempt at a social network...
What Is Twitter? Twitter is a very popular social network that allows its users to post short messages (known as “tweets”) of up to 280 characters, which can be read by other users. Tweeting means sending messages. Twitter can be used to connect businesses with customers as well as a personal communication tool. The site was founded in the San Francisco Bay Area, like so many big-name websites of the early 21st century. Since its launch in 2006, Twitter has grown to become one of the most popular social media platforms in the world with millions of users from all...
Social networking has been exploding over the last several years. This is how simple ideas like Facebook and Twitter were transformed into multi-billion companies, used by people from all around the world. Many people noticed their incredible success and followed the social trend. Some of them managed to gain popularity even after the big names has already conquered the market. They focused on certain niches like picture sharing, video sharing, etc. Even some teenage entrepreneurs managed to grasp a piece of the tasty social pie. One of them, Ashley Qualls was only 14 years old, when she started her social...
In 2012, there was an announcement from Facebook – they were buying Instagram for the price of $1 billion. A company started just a few years ago by two young entrepreneurs, has brought them to the world of super riches. A company that had no revenue, only 13 employees, and completely no profits by the time of the deal… Who would be so insane to pay a billion for such a business?!? Well, actually Instagram had one thing that was far more valuable – potential. And this is what the managers of the biggest social network spotted there. Here is...
A Short History Of MySpace and Founders Tom Anderson And Chris DeWolfe Oh, how the mighty have fallen. What was once the proving ground for social media has since become the punch line of many jokes. The history of MySpace.com is a tale of energetic innovation, risk, and ultimately, failure to capitalize. While some people believe that MySpace was the original social networking site, it is actually based on an existing model that was functionally successful for its time. In August of 2003, several employees of eUniverse, now called Intermix Media Inc, recognized the growing potential of a social networking...
Zynga Inc Zinga (zynga.com) is a games-developing company that was incorporated in April 2007 by Mark Pincus, with its main headquarter based in San Francisco, California. Just a few years after it was started, Zynga began generating billions of dollars in revenue from its social games. Originally, the project was named Presidio Media but the name was changed, in July of 2007, in honor of Mark’s dog – an American bulldog “Zynga”. This is also where the dog on the logo of the company derives from. In its humble beginnings, the entire production team included just nine people to run...
History Reddit.com is amongst the biggest social networking sites nowadays. It has more than a billion page views monthly, which makes it one of the most popular websites in the world. “The front page of the Internet” was started back in 2005, by two guys in their twenties – Alexis Ohanian and his friend Steve Huffman. They created a social site, where people were able to share links with a short description and vote for them. According to the number of votes, the publications were ranked and shown on the site. The young entrepreneurs initially created some fake accounts themselves...
LinkedIn’s Startup Story The story of the world’s biggest business social site LinkedIn – www.linkedin.com – has a very similar beginning, to many other high-tech and highly successful ventures. Only it was not started in a garage and not by a college dropout :). The founder of the popular site and its CEO – Reid Hoffman launched the site from his living room ;)… The idea for a professional social network was born back in 2002, when Hoffman and some friends of his, the other four founders – Allen Blue, Jean-Luc Vaillant, Eric Ly, and Konstantin Guericke, decided to start...
When Facebook is not allowed… Facebook is the biggest social network the world has ever witnessed so far. It has spread all around the globe and there is nothing that can stop it… Except for the Great Wall of China, which in this case can be easily renamed to the Great Firewall of China. After Facebook was banned within the online space in the Asian country back in 2009, many local businesses began taking in the empty slot for a social network. Qzone (also called just QQ) was one of them. Unlike the others, Qzone provides its users with a...
