Facebook is currently, to date, the most extensive social networking website in the world, now breaking the mark of having 1.000 million international users. Its name comes from the well-known name given to the book that learners get at the beginning of a new school year in many universities in the United States of America.
Mark Zuckerberg, along with his college roommates at Harvard University, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, launched Facebook back in February of 2004. Not having any idea of the massive growth, it has had all over the globe to date.
Facebook is a breathtaking $100 billion value creation that is now freely and readily accessible to virtually anyone and even more so to any businesses.
I am not trying to bore you here with history and all that, so here you have the principle history aspects that you need to know about Facebook. Like why it is such a great vehicle to use to scale your business to a different level of social interaction with your existing and potential customers and clients.
Important Facebook Events:
The predecessor of Facebook back in 2003 was called Facemash, it attracted 450 visitors and 22,000 photo views in its first four hours online.
Facemash was not a success because of Legal problems; that’s how Facebook came about in 2004.
When it launched, its online address was thefacebook.com,
Facebook was a website initially limited to Harvard students and later was expanded to other colleges.
Facebook continued its expansion by giving access to high school students in 2005. In that same year, Facebook decided to register a new domain name called facebook.com, which was worth $200.000.
Accel partners invested more than $12 million in Facebook back in 2005; Jim Breyer invested $1 million as well.
On 2006, Facebook decided to allow anyone 13 years or older to create an account.
On October 2007, Microsoft invested $240 million in Facebook for advertising, rising Facebook’s implied value up to $15 billion.
On January 2008, Facebook was the most used social media service.
In November 2010, Facebook’s value reached the $40 billion mark, surpassing eBay and becoming the third largest U.S. Web company.
More people visited Facebook than Google for the week ending March 13, 2010
In March 2011, striving to boost cybersecurity, Facebook decided to take down 20,000 profiles every day for various reasons like spam, inappropriate content, and underage use.
Facebook started trading on the NASDAQ on May 2012, in that same year, Facebook announced App Center, an online mobile store which sells applications that connect to Facebook.
Actually in 2013 as well, Facebook announced Graph Search, which provides users with a precise answer rather than a link to a solution.
A little glimpse into Facebook is a good thing. When you have more information about something, you are more likely to prosper.
If you have any questions for me, please get hold of me via the voice note pop-up on my home page. Click Right Here.
Till next time, Anthony Flatt.
Leave a Reply