When Did Facebook Start?
Facebook was founded on February 4th, 2004. What started out as a social networking site for Harvard students quickly became one of the most popular online platforms in the world. In this article, we’ll take a look back at Facebook’s history and see how it grew to become what it is today.
Facebook’s Origins
Facebook was founded on August 4, 2004, by Mark Zuckerberg with his college roommates Eduardo Saverin and Andrew McCollum. The website initially allowed students at Harvard University to share information and connect with each other. Facebook gained popularity among college students and soon expanded to other universities. In February 2006, Facebook opened its platform to everyone. Facebook’s success attracted attention from major companies, which made offers for Facebook’s acquisition. On May 28, 2006, Facebook Inc. was incorporated in Delaware. In July 2007, Facebook announced that it had reached one billion active users. That same year, Facebook acquired Instagram, a photo-sharing service, for $1 billion. In 2012, Facebook announced that it would be launching a new messaging service called WhatsApp which would compete with AOL’s AIM and Apple’s iMessage.
Facebook’s Early Days
Facebook was originally founded on February 4, 2004, by Mark Zuckerberg and his Harvard classmates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The site was initially built as a social networking site for Harvard students. Before Facebook became popular outside of the Ivy League, Zuckerberg created a website called “Thefacebook” which was used to allow other high school students to connect with each other. On February 4, 2005, Facebook was launched publicly with the initial site address of www.facebook.com. Within the first two months of its launch, Facebook had over 350,000 users. By May 2007, Facebook had over 1 million registered users. In October 2007, Facebook acquired Instagram (a photo-sharing application) for approximately $1 billion in cash and stock. As of December 31, 2017, Facebook has 2.2 billion active users and 1 trillion monthly active users.
Facebook’s Expansion
Facebook was founded on February 4, 2004, by Mark Zuckerberg and Dustin Moskovitz. The website initially served as a social networking site for Harvard University students. In 2006, Facebook expanded to other universities. On February 1, 2007, Facebook was launched globally. By August of that year, Facebook had more than one million users. In November of that year, Facebook changed its privacy policy from allowing students to keep their profiles private to allowing anyone to view profiles. This increase in popularity led to Facebook’s first-ever profit, $22 million in 2007. In October 2008, Facebook announced plans to build a new headquarters in the Chicago suburb of Menlo Park. The new headquarters would have an estimated cost of $500 million and employ up to 1,500 people. On March 17, 2012, Facebook acquired Instagram for $1 billion.
Facebook’s Challenges
Facebook was first created on February 4, 2004. It was originally a social networking site for Harvard University students. Facebook grew rapidly in popularity and by the end of 2004 had over 1 million users. In February of 2005, Facebook acquired Napster, Inc., a music sharing service, for $200 million. This gave Facebook access to over 8 million songs. That same year, Facebook changed its name to “Facebook, Inc.” and began providing paid services such as advertising and virtual goods. By 2007, Facebook had over 200 million users. That year, Facebook also introduced “Pages” which allowed companies to create their own profile pages. In 2008, Facebook announced that it would begin selling ads in Indonesia and the Philippines. In 2009, Facebook announced that it would begin selling ads in India. In 2010, Facebook acquired Instagram for $1 billion. This gave Facebook access to over 700 million users who use Instagram to share photos and videos. In 2011, Facebook announced that it would begin selling ads in Brazil. In 2012, Facebook acquired Oculus VR for $2 billion. This gave Facebook access to virtual reality technology which it used to create an app called “Mojang Minecraft” which is the most popular game on the site. In 2013, Facebook acquired WhatsApp for $19 billion. This gave Facebook access to over 1 billion users who use WhatsApp to send messages and photos. In 2014, Facebook announced that it would begin selling ads in China. In 2015, Facebook announced that it would begin selling ads in Brazil, Canada, Peru, and Saudi Arabia.
Also Read: How To Contact Facebook
The Future of Facebook
Facebook was founded on August 14, 2004, by Mark Zuckerberg. The website originally allowed students at Harvard University to share information with each other. Facebook became popular after it was introduced on the original version of MySpace. In February 2006, Facebook signed a contract with Microsoft and became a part of MSN Spaces. Facebook then became available for use on the iPhone in November 2007.