-
Launch of Thefacebook
Mark Zuckerberg launched Thefacebook, a social network for Harvard University students. Eventually, Thefacebook became just Facebook, as we now know it. -
Period: to
History of Facebook
-
Additional Universities are added to network
In March of 2004, Stanford, Colombia, and Yale were added to the Facebook network. -
Facebook was incorportated and moved
During the summer of 2004, Facebook was incorporated. Also, Sean Parker became the company president. Additionally, Facebook's home base was moved to Palo Alto, California. -
Facebook domain name was purchased
In 2005, the company dropped "The" from The Facebook after purchasing the domain name facebook.com for $200,000. -
Facebook for high schoolers
In September of 2005, Facebook developed a high-school version of the social network. The high school network was much different than the university version because an invitiation was required to join. Later in 2005, Facebook opened its membership up to many companies and businesses. -
Membership expansion
On September 26, 2005, Facebook opened its membership to everyone age 13 and older who held a vaild email address. -
Microsoft buys into Facebook
On October 24, 2007, Facebook sold a 1.6% share of the company to Microsoft for $240 million. With this sale, Facebook's total worth was around $15 billion. Microsoft's purchase allowed the company to put international ads on Facebook. -
100 million users
Facebook reaches 100 million users with a monthly growth of 178.38%. -
Facebook goes international
Dublin, Ireland become the first international headquarters for Facebook. -
Facebook reaches 200 million users
Facebook has 200 million users with a 13.33% monthly growth -
Postive cash-flow
For the first time, Facebook was actually making money in September 2009. -
300 million users on Facebook
Facebook reaches 300 million users with 9.38% monthly growth -
400 million users on Facebook
Facebook reaches 400 million users with a 6.99% monthly increase -
Facebook has 500 million users
Facebook reaches 500 million users and has a 4.52% monthly growth -
Facebook's Net-worth
"In November 2010, based on SecondMarket Inc., an exhange for shares of privately held companies, Facebook's value was $41 billion (slight surpassing eBay's) and it became the third largest U.S. Web company after Google and Amazon." -
Facebook plans to move headquarters
Facebook announced its intentions to move its headquarters to Menlo Park, California. They plan to use the former Sun Microsystems campus. -
800 million users on Facebook
Facebook reaches 800 million users and still has a 3.73% increase each month.
