Facebook Postscript

This semester, we reenacted many pivotal scenes from the film “The Social Network” — and we read Ben Mezrich’s book “Accidental Billionaires” on which the film is based — in order to explore in-depth many legal and ethical issues in the business world. The movie, which was released in the fall of 2010, ends with the following epilogue:

Facebook has 500 million members in 207 countries. It’s currently valued at 25 billion dollars. Mark Zuckerberg is the youngest billionaire in the world.

That was before Facebook’s initial public offering (IPO) in 2012. Today (spring of 2016), Facebook has three times as many active users (over 1.49 billion) and is valued at over 200 billion dollars! 

(By the way, for our last class (4/25), students may volunteer to present their final projects in class. Each student or group of students, as the case may be, will be allocated a maximum of five minutes to make their presentations. The class as a whole will select the best final project, and the professor will feature the winning final project on his blog.)

Image Credit: Quartz

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