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In just two weeks, two-thirds of Harvard students had signed up for Facebook,
and by summer vacation that same year, more than thirty universities in the
United States had done so. When classes ended, Mark Zuckerberg took the
opportunity to move to Palo Alto, California, and set up his first office. Although
the young university student's first intention was to resume his studies at
Harvard after the break, business was booming and required his attention, so he
decided to leave Harvard and stay on the West Coast.
Facebook's Palo Alto offices occupied four buildings by 2008 and directly
employed more than four hundred people; the company had received buyout
offers from Viacom and Yahoo! and its annual turnover was estimated at around
one hundred and fifty million dollars.
The project spread like wildfire and soon spread to other educational institutions
and companies, until its success eventually led to the opening of its services to
the general public. By 2006 Facebook had become a worldwide phenomenon,
with 64 million users, concentrated in English-speaking countries such as the
United States, Canada and the United Kingdom.
Mark Zuckerberg currently ranks as the 10th richest person in the world and is
developing Threads, an open and friendly public space for conversations. It
takes the best parts of the Instagram experience and creates a new app
focused on texting ideas and sharing what you think.