What is common between Mark Zuckerberg (the founder of Facebook), Larry Page & Sergey Brin (founders of Google) and Reid Hoffman (co-founder of Linkedin)?
Aside from the fact that all these entrepreneurs are now billionaires, they have set up their businesses using new media. That means they took advantage of all the modern tools that technology is offering.
The most obvious resource is the Internet. All their startups and companies were set up and have taken advantage of the Internet. Over the recent years, we have seen how online startups have come out at such a rapid rate. Some of them have remained while a good number of them have died.
In this infographic created by Staff.com, we are taking a look at some of the best among the new media entrepreneurs. They are the ones that stood out among all those companies that took advantage of the Internet and new technology.
To give it a point of comparison, we will be looking at how they stack up to the old media entrepreneurs. For instance, it took Mark Zuckerberg 3 years to reach a billion dollar’s worth with Facebook while it took Rupert Murdoch, the founder of News Corporation 40 years to accumulate the same amount of wealth. Those figures along with how each of their companies significantly differ in annual growth.
Take a look at the infographic below. How do you think new media affects the way businesses operate today? Do you think it makes them more profitable?
(Click on the image for full view)