Facebook is a Palo Alto, CA-based social-networking site, that was created on February 2nd, 2004 by three Harvard roomates. This popular site now enables anyone with common affiliations to connect with one another (co-workers, cla
ssmates, friends).
Facebook key people: Mark Zuckerberg, the Founder and CEO Dustin Moskovitz, the Co-founder and VP Engineering Owen Van Natta, the Chief Revenue Officer and VP of Operations Matt Kohler, the VP Strategy and Business Operations Chris Hughes, the Co-founder Peter Thiel, Investor Chamath Palihapityia, the VP of Marketing and Operations Gideon Yu, the CFO Adam D’Angelo, the CTO Facebook's milestones 03-29-1997 Creation of the domain name 02-04-2004 Facebook was launched
September 04
- First important investment of $500,000 from Peter Thiel
2005
- Venture capital investment of $12.70M from Accel Partners
- +11.1 million users worldwide
- Universities in New Zealand and Australia joined the Facebook network, after Canada, UK, New Mexico and Ireland
2006
- +5.5 billion pages viewed in February
- Wuckerberg turns down a $1 billion bid for its web site, hoping a $2 billion sale
- Venture capital investments of $25.00M from Silicon Valley firms Peter Thiel, Meritech Capital Partners, and Greylock
- Facebook opens to anyone with a valid e-mail address
- + $50M in annual revenue
2007
- May: Launch of Facebook Platform allowing anyone to create applications that interact with core Facebook features
- June: +8.5M photos updated daily, #1 web site for photo in the United States
- July: +30M members registered worldwide
- First publicly announced acquisition: Parakey (created by co-founders of Firefox)
- 1700 new applications developed for the web site on July 12th
- 200 employees
- Daily new user average: 150,000
- Monthly page view: 150 billion
- October 24th: $240.00M investment from Microsoft Corp for a 1.6 percent stake
Watch the following videos where Dustin Moskovitz, Co-founder of Facebook, introduces his company at the CTIA in San Francisco, CA, this Wednesday.
Presentation
What Facebook has created for the past 4 years
By Mathieu Ramage, Media and Editorial Manager of Atelier
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