The story of Chris Hughes, who makes money, helps Mark Zuckerberg create Facebook
As we know Facebook - the most popular social network in the world today with nearly 2.5 billion users - was launched in a cramped dormitory room in 2004, rooted in the bold idea of a Harvard student group.
Mark Zuckerberg - the key member of the group has now become one of the richest and most famous CEOs in the world. But after nearly 15 years since its launch, it seems that Facebook's success is also tied to non-simple issues, including how the company operates and its relationships. co-founder - those who were very conscientious, shared the same direction when they were enthusiastic young students 15 years ago.
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On Thursday 9 May, Chris Hughes, one of Facebook's other co-founders, became the latest to criticize Mark Zuckerberg as well as the CEO's corporate management policy in New York. Times, at the same time calling on this social networking site to be completely reformed, in particular here it is divided into many small departments, and requires state authorities to add hard rules More solid in the field of technology in general.
So little Hugh Hughes, the co-founder of Facebook, knows who this really is and how influential it is in the technology world in general and for Facebook in particular? We will find out later.
Chris Hughes, a 35-year-old American technology engineer, is a co-founder of Facebook but left the leadership team of the social networking site nearly a decade ago with a small stake in the company. Although not gaining popularity or possessing a huge fortune like Mark Zuckerberg, Chris Hughes's career after leaving Facebook is no less than Mark's. Chris Hughes is one of the key people in running Barack Obama's presidential campaign as editor of two popular newspapers: The New Republic Magazine and Universal Basic Income ( UBI), as well as the head of many other major social reform campaigns
Here are a few overviews of the life of Chris Hughes, on his journey from a Harvard student to co-founder of Facebook and now one of the biggest critics of the technology world.
Chris Hughes was born on November 26, 1983 in North Carolina, USA. In his youth, he lived and studied in Hickory City, near the center of the state.
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When he was in high school, Hughes decided to "escape" from the humility of South America and attend the Phillips Academy's boarding school in Massachusetts with a "generous financial aid package for young talent ".
New experiences during the time spent at the boarding school contributed to the incredible changes for Chris Hughes, from the lifestyle to the way of thinking.
Hughes then received a scholarship to Harvard University, and here he met and became friends with Mark Zuckerberg in the first year (2002). At that time, "Facebook" was just the beginning of an "experimental project" that took place internally at Harvard University.
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Hughes has been 'admitted' to the group to help develop new ideas for Facebook. Although he is not a very good person or has a 'voice' in school, Chris Hughes is adept at the knowledge related to user experience and product design - because of that he nicknamed "Empath" (that is, empathetic people, able to understand the feelings someone is going through). In the next 2 years, although not officially announced, Chris Hughes is still known as the main responsible for all beta testing and product offerings of Facebook.
By the second year, Hughes and Zuckerberg were 'together in the same house', two people moved in with a dormitory room to facilitate joint collaboration. And so the dormitory rooms of these two young students have now become a famous 'place' at Harvard. Not only that, it was mentioned many times in a movie titled "The Social Network", produced in 2010, about the early days of Facebook, in which the role of Chris Hughes was played by male actors. Patrick Mapel, who plays the role, is vividly portrayed. However, the film also received a lot of criticism after being aired, including Chris Hughes. He said the film exaggerated quite a lot. "Our dorm room does not really look like a luxury apartment like in the movie and (to my knowledge!) Does not have any sexual activity in the bathroom!".
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In March 2004, Zuckerberg and Hughes first discussed Hughes' equity in the company together. Hughes asked for a 10% stake, but Zuckerberg disagreed with the proposal. After a tense debate, Hughes finally accepted the 2% share of the company - the lowest among Facebook's co-founders.
Everything was settled after that. By the summer vacation after his second year at university, Hughes and Zuckerberg and another co-founder Dustin Moskovitz decided to organize a trip to Silicon Valley to 'learn from experience'. After this trip, Moskovitz and Zuckerberg decided to leave Harvard to stay in California to develop Facebook projects seriously. But Hughes chose to go back to Harvard and continue his studies.
Chris Hughes graduated from Harvard on time in 2006 with a degree in French history and literature, even before he had to spend "a few hours a day" in his final year working on the Facebook project. After graduating, Hughes immediately moved to Silicon Valley and joined Zuckerberg's Palo Alto team as a Facebook spokesperson. At the same time, he is also known as one of the main factors in developing many popular features of Facebook, making an important contribution to bringing Facebook to the 'big sea'.
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Hughes stayed with Facebook for a few more years, during which time, Facebook received an offer to buy from many of the major tech companies, most notably the $ 1 billion offer from Yahoo. , but Mark Zuckerberg refused all.
When the US midterm election took place in late 2006, Facebook allowed political candidates to set up special profile pages on the social network. Chris Hughes is tasked with helping Barack Obama's site support team. From here, Hughes became interested in political issues as well as the campaign of the Democratic candidate, and he finally decided to leave Facebook to participate in the presidential campaign campaign - a job but he did not have much experience.
Hughes then moved to Chicago and was known as "the master of online events" in President Obama's campaign. He is behind the successful social networking campaigns of the "Obama" faction. Also a manager of my.BarackObama.com website, through which supporters can learn more about events, volunteer and organization at the local level.
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After achieving outstanding success in Obama's presidential campaign, Hughes took the time to pursue a few different ideas. He briefly worked as an entrepreneur at General Catalyst venture capital firm. In 2010, he founded a non-profit organization called Jumo, now called Global Giving, a US-based non-profit organization that provides a global community fundraising platform to support for basic charity projects.
Hughes' next adventure took place in 2012 when he decided to buy a majority stake in the long-running magazine The New Republic. Chris Hughes said the idea and interest in creating "the long-term future of a high-quality journalism" was the reason that led him to make this important decision, after the event, Chris Hughes. officially became The New Republic's manager and editor, and this also led to major internal changes of the magazine with the departure of veteran writers, as well as the Many young writers entered with more thinking and views in a more similar job with Chris Hughes, after four years as editor-in-chief with an investment of up to $ 25 million, Hughes decided to sell The New Republic in 2016 and looking for a new horizon.
By the time Facebook joined the stock market in May 2012, Chris Hughes had left the company for about 5 years. However, his previous 2% stake in the company has increased its value to about $ 500 million by the impressive development of Facebook. Hughes decided to withdraw the entire amount immediately after Facebook completed the IPO.
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Currently, Chris Hughes is acting as co-chair of Economic Security Project, a network that promotes basic salary and income issues in the United States. Economic Security Project is closely related to Universal Basic Income, a system that helps ensure that all citizens owning incomes below a certain level in the United States receive a monthly allowance.
A little bit about Hughes's personal life: In 2012, he married Sean Eldridge, a political activist and known as a hard-working champion for same-sex marriage. 2 people met and got to know each other right away during their college years. When the couple got married, they were two of the first Facebook users to use the icons and features reserved for same-sex couples on this social networking site.
On Christmas Day of 2018, Hughes and Eldridge couple announced on Facebook that they had a son.
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In an op-ed version published in May 2019, Chris Hughes called on the US government to take tougher moves on Facebook after a series of serious scandals. regarding unauthorized use of data and infringement of user privacy. Besides, he also warned the government about "the dangers from Facebook's monopoly" and said Mark Zuckerberg had taken precedence over the development of the company but ignored the privacy and security standards. All information, as well as the democratization of users.
Chris Hughes's fortune is currently estimated to be worth more than US $ 500 million.
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