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Metaverse

Facebook
Submitted to Prof : Hoida Barakat
ENTREPRENEURSHIP AND VENTURE MANAGEMENT

Prepared by: Aya Adel Ibrahem


Reflective paper 1
Group:S2
Mark Elliot Zuckerberg is an American media magnate, internet
entrepreneur. He is known for co-founding the social media website
Facebook and its parent company Meta Platforms.

 Zuckerberg started Facebook at Harvard in 2004 at the


age of 19 for students to match names with photos of
classmates.
 Facebook changed its name to Meta in November 2021 to
shift the company's focus to the metaverse.
 in 2022 Facebook renamed itself “Meta” and CEO Mark
Zuckerberg believes that a billion people will one day be in
the metaverse spending lots of money
01 BUSINESS ENTREPRENEUR 02 LARGE COMPANY

✓ Have finite life cycles


 INNOVATIVE ENTREPRENEUR ✓ Keep innovating and offering
Entrepreneur identifies a need products variants around their
Entrepreneurship is the art of core product-line
turning an idea into a business. ✓ Acquire smaller related
businesses.
What is the
metaverse?

• term created by author Neal Stephenson in his 1992 science fiction novel Snow Crash. It combines the
words “meta” and “universe.”
• a network of interoperable 3D virtual worlds.
• using virtual reality (VR) headsets or augmented reality (AR) technology.
• metaverse and eCommerce opportunities will generate revenue from selling virtual services and
products.
• you’ll be able to do almost anything you can imagine.
• the Metaverse is predicted to grow to be an $800 billion market by 2024. Tech titans like Facebook,
Microsoft, Apple, and Google are investing heavily in making it a reality.
Any Any Question!
Question
Thanks!
‘DONE IS BETTER THAN PERFECT.’

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