Mark Zuckerberg joins the $1 salary club


Facebook confirmed in a filing that Mark Zuckerberg, the social network’s founder and CEO, is making a salary of $1 this year and foregoing any bonuses, as well.

But he’s not exactly taking a vow of poverty. When Facebook went public last year, Zuckerberg exercised 60 million stock options, then worth nearly $2.3 billion, buying those shares for next to nothing. (He sold half of the stock to cover his tax bill.) And he’s still sitting on another 60 million stock options that can be exercised on Nov. 7, 2015, for the same dirt-cheap price of six cents.

All of those shares give Zuckerberg plenty of incentive to keep Facebook in good financial health, although he is on record saying, “We don’t wake up in the morning with the primary goal of making money,” and isn’t really beholden to shareholders, since he controls a majority of proxy votes.

The $1 salary…

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If you want to succeed, start a company instead of writing a resume


This originally appeared on LinkedIn. You can follow Penelope Trunk here

For years we have been talking about the education bubble and the problem that colleges charge tons of money and then graduates are unemployable and in debt. Colleges are responding by becoming job preparation centers. And Frank Bruni, opinion editor for the New York Times, says this is a waste of time and resources. Here’s what’s better:

1. Skipping college.
The real issue we have with admitting that college is not a path to the work world is then we have to ask ourselves why we send our kids to high school. There is plenty of data to show that teens are able to manage their lives without the constraints of school. The book Escaping the Endless Adolescence is chock full of data, and a recent article by my favorite journalist, Jennifer Senior, shows that…

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Wonderville Launches An Interactive Content Library And Virtual Classroom Network For Kids


Last July, a group of veteran executives from eToys, eBay, Sesame Street, Discovery and Disney unveiled their ambitious plan to create a souped-up Khan Academy for kids. But rather than a straightforward port, the learning platform, called Wonderville, aimed to expand on Khan’s approach to the “flipped classroom” by aggregating educational content from a variety of third-party sources.

Using eBooks, TV shows, videos and mobile apps from iTunes, Amazon, YouTube and beyond, Wonderville creates what it calls “Smart Galleries,” which consist of digital content like quizzes, apps, fact sets and so on designed to reflect what kids are studying in class. The content, which includes some fun topics as well (like Bigfoot) to keep kids interested, is vetted by Wonderville’s team of teachers to ensure quality and age-appropriateness.

After nine months of development, Wonderville is officially launching its new-and-improved pilot program. The new Wonderville focuses on Kindergarten through fifth…

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Walk the Road To Freedom – Taking Risks With Your Photography Business


I know it’s a cheesy image for the title, but it’s an image with a story so bear with me.

I made this picture a few months ago and it happened to be at a pivotal time for my family. We were visiting Oregon from Utah and were suddenly considering moving to Oregon, and life was feeling a lot like this image: we had a clear road in front of us, but we couldn’t see where it ended.

Moving my family and my photography business to a new state where we had no contacts has been the scariest venture I’ve ever undertaken because I don’t have anything established: no clients I can call and remind to do new pictures, no group of students I can expect to take my next class at the community college, and no studio I can invite my club members to join me in for a…

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