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Presentation done as a part of my MBA

Presentation done as a part of my MBA

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  • http://www.facebook.com/press/info.php?factsheet#/press/info.php?timeline
  • http://www.forbes.com/2008/03/05/richest-billionaires-people-billionaires08-cx_lk_0305intro.html
  • http://www.facebook.com/terms.php?ref=pf

Transcript

  • 1. Anjesh Tuladhar Nov 5 th 2008 MBA-e 08
  • 2. The beginning…
    • Launched on Feb 4 2004
    • By Mark Zuckerberg with his friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin
    • Limited to Havard University
      • Expanded to other colleges in Ivy League
      • Then university students
      • Then high school students
      • Finally world-wide
  • 3. Mark Zuckerberg
    • Born May 14, 1984
    • Havard dropout
    In 2008, Forbes Magazine declared him “ the youngest billionaire on earth and possibly the youngest self-made billionaire ever", with an estimated net worth of $1.5 billion USD
  • 4. Funding
    • US$500,000 - PayPal co-founder Peter Thiel (June 2004)
    • $12.7 million in venture capital from Accel Partners (a year later)
    • $27.5 million more from Greylock Partners
    • $246 million Microsoft purchased 1.6% share of Facebook (Oct 2007)
  • 5.
    • Why people invested in facebook?
  • 6. Revenues
    • 2007 - $150 million
    • 2008 - $300-$350 million (est)
  • 7. Some facts
    • Employees: 600+
    • Users: 120 million active (users who have returned to the site in the last 30 days)
    • Offices:
      • Palo Alto, Calif. (headquarters)
      • New York
      • London
      • International headquarters in Dublin, Ireland
  • 8.
    • Where do they earn money from?
  • 9. Income sources
    • Facebook Gifts ($1 per transaction; millions of gifts have been sold)
    • Facebook banner ads served by Microsoft
    • Premiere Sponsored Ads and Sponsored Groups (ads & groups purchased for large fees that are supplanted onto the tops of many users’ news feeds)
    • Facebook targeted advertising (ads created by Facebook users with specific demographic targets)
  • 10.
    • Also Maybe from you!!
  • 11. The basic problem with ANY social network that tries to monetize itself after selling it’s "free, no-strings-attached" service to users is that it eventually has to sell out its own user base to make a buck , and this is often done, as Facebook has demonstrated, without any regard to the potential cost inflicted upon its users.
  • 12.
    • Is it possible?
  • 13. Terms of use http://www.facebook.com/terms.php?ref=pf By posting User Content to any part of the Site , you automatically grant … worldwide license ( with the right to sublicense ) to use, copy, publicly perform, publicly display, reformat, translate, excerpt (in whole or in part) and distribute such User Content for any purpose, commercial, advertising , or otherwise, on or in connection with the Site or the promotion thereof, to prepare derivative works of, or incorporate into other works, such User Content, and to grant and authorize sublicenses of the foregoing.
  • 14.
    • Does it affect us as an individual?
  • 15. Thank you!