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introduction of facebook

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what is a facebook? who are behind facebook? …

what is a facebook? who are behind facebook?
who owns facebook?

Published in: Business

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  • 1. Prepared by: Nimesh Soni
  • 2. * Facebook® is “a free social networking website” that allows you to create an online page to connect with friends, family, or make new friends with anyone anywhere. * On your Facebook® page you can share * Pictures, * Personal information * Messages, * Videos , * Join groups * Add applications * Play games * Marketing of your business
  • 3. Facebook is an online social networking service, whose name stems from the colloquial name for the book given to students at the start of the academic year by some university administrations in the United States to help students get to know each other. It was founded in February 2004 by Mark Zuckerberg with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz Chris Hughes The website's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League, and Stanford University.
  • 4. Mark Zuckerberg Eduardo Saverin, Dustin Moskovitz Andrew McCollum
  • 5. * Mark Zuckerberg wrote Facemash, the predecessor to Facebook, on October 28, 2003 * Facemash attracted 450 visitors and 22,000 photo-views in its first four hours online. * Zuckerberg began writing code for a new website in January 2004 * Membership was initially restricted to students of Harvard College, and within the first month, more than half the undergraduate population at Harvard was registered on the service. * The company dropped The from its name after purchasing the domain name facebook.com in 2005 for $200,000. * On October 24, 2007, Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million, giving Facebook a total implied value of around $15 billion * Facebook filed their S1 document with the Securities and Exchange Commission (SEC) on February 1, 2012 * In July 2012, Facebook added a gay marriage icon to its timeline feature. * The IPO raised $16 billion, making it the third largest in U.S. history.
  • 6. *The ownership percentages of the company, As of 2012 are: Mark Zuckerberg: 28%, Accel Partners: 10% Digital Sky Technologies: 10%, Dustin Moskovitz: 6% Eduardo Saverin: 5% Sean Parker: 4% Peter Thiel: 3%, Greylock Partners and Meritech Capital Partners: between 1 to 2% each, Microsoft: 1.3%, Li Ka-shing: 0.8%, the Interpublic Group: less than 0.5%. A small group of current and former employees and celebrities own less than 1% each, including Matt Cohler, Jeff Rothschild, Adam D'Angelo, Chris Hughes, and Owen Van Natta, while Reid Hoffman and Mark Pincus have sizable holdings of the company. The remaining 30% or so are owned by employees, an undisclosed number of celebrities, and outside investors
  • 7. Total active users Date Users (in millions) Days later Monthly growth August 26, 2008 100 1,665 178.38% April 8, 2009 200 225 13.33% September 15, 2009 300 160 9.38% February 5, 2010 400 143 6.99% July 21, 2010 500 166 4.52% January 5, 2011 600 168 3.57% May 30, 2011 700 145 3.45% September 22, 2011 800 115 3.73% April 24, 2012 900 215 1.74% October 4, 2012 1,000 163 2.04% March 31, 2013 1,110 178 1.67%
  • 8. *In January 2013, the countries with the most Facebook users were: *United States with 168.8 million members *Brazil with 64.6 million members *India with 62.6 million members *Indonesia with 51.4 million members *Mexico with 40.2 million members
  • 9. *Major competitors of facebook are *Qzone(qq.Com) and renren in china; *Cyworld in south korea; *VK and odnoklassniki in russia, belarus, kazakhstan, kyrgyzstan, moldova, ukraine, uzbekistan; *Draugiem.Lv in latvia; *Cloob in iran; *Zing in vietnam; *Mixi in japan.

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