Young Entrepreneurs

Online Face Time

No. 1: Mark Zuckerberg

Facebook
www.facebook.com
Palo Alto, Calif.
Founded: 2004
Age: 21



Sometimes the simplest ideas go the furthest. Zuckerberg launched his incredibly popular social-networking startup, Facebook, while a student at Harvard, thinking the Ivy League school was in need of an online student directory. Zuckerberg has since raised more than $13 million from Silicon Valley players like PayPal founder Peter Thiel and Accel Partners.

BusinessWeek Online's top vote getter has been in business only since February, 2004, but Facebook already has 6 million registered users -- two-thirds of whom visit the site every day. Next up: a high school version of the Facebook, as well as expanding the concept by entering the international market.

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