Stanford Graduate School of Business is proud to announce that Facebook has been named the recipient of the 2018 ENCORE Award. Chief Operating Officer Sheryl Sandberg will receive the award on behalf of Facebook and will participate in a fireside chat.
Facebook, the world’s largest social networking service, is the architect of the social media experience. As Facebook pushes the boundaries beyond social networking towards artificial intelligence and virtual and augmented reality, it looks to redefine not only how users interact with each other, but how they ultimately experience reality and the physical space around them. Their latest successes with Spaces, Oculus VR, and Instagram, demonstrates that Facebook’s digital world is ever-growing and increasing connectivity around the globe.
About ENCORE Award
The Entrepreneurial Company of the Year (ENCORE) Award was created in the late 1970s by the Bay Area Chapter of the GSB Alumni Association, when they saw an opportunity to recognize the entrepreneurial spirit of the companies springing up in the Silicon Valley. The first honor was given to the CEO of ROLM Corporation in 1977.
Although the award was originally designed to honor an individual, it soon became clear that a company’s success was based on the contributions of many people. Accordingly, the award was changed to the Entrepreneurial Company of the Year in 1982. Additionally, the scope of the award has been widened to recognize best in class entrepreneurs from throughout the world, and is no longer limited to Silicon Valley.