FACEBOOK by Eugenia Sirbu freshman at ASEM (Academy Of Economic Studies of Moldova, Fainance and Banking Department ) Motto: Facebook helps you connect and share with the people in your life.
Mark Zuckerburg A random guy born on May 14, 1984 . Looking at him, one doesn’t notice anything special. Still, he is an American billionaire entrepreneur best known for co-founding the popular social networking site Facebook . Time Magazine added Zuckerberg as one of The World's Most Influential People of 2008. He fell under the Scientists & Thinkers category for his web phenomenon, Facebook, and ranked 52 out of 101 people .
Zuckerberg launched Facebook from his Harvard dorm room on February 4, 2004. Once at college, Zuckerberg's Facebook started off as just a "Harvard-thing", until Zuckerberg then decided to spread Facebook to other schools and enlisted the help of roommate Dustin Moskovitz . They first spread it to Stanford , Dartmouth , Columbia , Cornell and Yale , and then to other schools with social contacts with Harvard.By the beginning of the summer, Zuckerberg and Moskovitz had released Facebook at almost forty-five schools and hundreds of thousands of people were using it .
What is Facebook?! <ul><li>Facebook is a global social networking website that is operated and privately owned by Facebook , Inc.Users can add friends and send them messages, and update their personal profiles to notify friends about themselves. Additionally, users can join networks organized by city, workplace, school, and region. </li></ul><ul><li>A January 2009 Compete.com study has ranked Facebook as the most used social network by worldwide monthly active users , followed by MySpace . </li></ul>
Facebook at a Glance <ul><li>The sixth -most trafficked site in the U.S. (according to comScore) has the following: </li></ul><ul><li>• More than 64 million active users daily </li></ul><ul><li>• An average of 250,000 new users registered each day </li></ul><ul><li>• More than 55,000 regional, work-related, collegiate, and high school networks </li></ul><ul><li>• More than 14 million photos uploaded daily </li></ul><ul><li>• More than 65 billion page views per month </li></ul><ul><li>• More than half of users are outside college </li></ul><ul><li>• The fastest growing demographic of 25 and older </li></ul><ul><li>* The U.S. has the most users, followed by the U.K. with more than 8 million active users, and then Canada with more than 7 million active users. </li></ul>
Investors <ul><li>The first investor in the young project became Peter Thiel from payment system PayPal, having invested in it 500 thousand dollars. </li></ul><ul><li>The next big company to take chance and invest in Facebook was Accel Partners (May 2005- $12.5mln) </li></ul><ul><li>April 2006, Greylock Partners decided to invest $25mln. </li></ul>
Failure of both: Yahoo and Google In late September, 2006 both Yahoo and Google started feeling threatened by Facebook’s up and offered $1billion and $2 billion,respectively to buy the company. Nevertheless the owner declined the offer and it was a wise decision as now the the company is worth $15 billion .
Microsoft’s Investment <ul><li>On October 24, 2007 Microsoft bought 1,6 % of Facebook ’s action for 24 6 million dollars spurning a competing offer from online search leader Google Inc - this price includes exclusive rights of sale of advertising to site Facebook till 2011. This would prove that Facebook had a market value of $15 billion at the time of the sale </li></ul>
Curious facts <ul><li>Revenue (2008): 300mln USD </li></ul><ul><li>Employees: 900+ (500 full-time) </li></ul><ul><li>Headquarters : Palo Alto , California ; Dublin , Ireland (international headquarters for Europe, Africa, Middle East) </li></ul><ul><li>A country that doesn’t allow Facebook: Syria </li></ul><ul><li>Available in more than 65 lanuages </li></ul><ul><li>The 11 th richest man in the world,the Honk Kong billionaire, Li Ka-SHing,after following Facebook for 1 year,in November,2007 invested in it $60mln . </li></ul>
Rankings <ul><li>comScore - Facebook is the leading social networking site based on monthly unique visitors, having overtaken main competitor MySpace in April 2008.ComScore reports that Facebook attracted 132.1 million unique visitors in June 2008, compared to MySpace, which attracted 117.6 million. </li></ul><ul><li>Alexa - the website's ranking among all websites increased from 60th to 7th in terms of worldwide traffic, from September 2006 to September 2007, and is currently 2nd. </li></ul><ul><li>Compete.com ranks it 2nd in terms of traffic in the U.S. </li></ul><ul><li>The website is the most popular for uploading photos, with 14 million uploaded daily </li></ul><ul><li>The website has won awards such as placement into the "Top 100 Classic Websites" by PC Magazine in 2007,and winning the "People's Voice Award" from the Webby Awards in 2008 </li></ul>
Happy end! Sign up on Facebook and add me: Eugenia Sirbu