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The Ultimate History of Facebook

facebook e ULTIMATE the HISTORY of facebook 2003 Origins FACEMASH October 28, 2003, Mark Zucker- berg experiments with social sites for the first time by creating Facesmash.com The website allowed visitors to compare two student pictures side- by-side and let them choose who was "hot" and who was "not". Where did the pictures come from? Zuckerberg hacking into to Harvard's databases to populate the site with student profile pictures. OR Outraged students pres- sured Zuckerberg to shut- down Facesmash.com a few days after the site HOT NOT The Harvard Crimson Nws OPnMON Facemash Creator Survives Ad Board "...One thing is certain, and it's that I'm a jerk for making this site. Oh well. Someone had to do it eventually..." - Mark Zuckerberg The first concept of "the Face Book" was concocted on Sep. 13, 2003 by Aaron Greenspan as a new feature to "houseSYSTEM." Friends Stems from the colloquial name for the book given to students at the start of the academic year by some universities houseSYSTEM was a web service used by over 7,000 Harvard students, including Mark Zuckerberg. "Everyone's been talking a lot about a universal face book within December 2003 Zuckerberg begins working on HarvardConnection.com for Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra Harvard. I think it's kind of silly that it would take the University a couple of years to get around to it as I can do it better than they can, and I can do it in a week." 2004 [thefacebook] A series of leaked IM messages depicts how Zuckerberg would deal with Harvard Connect: login regster about January 11, 2004 Zuckerberg registers thefacebook.com domain Friend: So have you decided what you're going to do about the websites? Zuck: Yeah, I'm going to f*ck them February 4, 2004 Modeled after Friendster, thefacebook.com crawled out of the primordial soup of Zuckerberg's dorm room on a Wednesday afternoon in February 4, 2004. Zuck: Probably in the year Zuck: "ear Friends With the help of fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Within 24 hours, 1,200 Harvard students had signed up, and after one month, over half of the undergraduate population had a profile. 24 HOURS 1200 STUDENTS 100 200 300 400 500 600 700 800 900 1000 1100 1200 Harvard Six days after the launch of the site, Harvard University seniors, Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra, accused Zuckerberg of stealing VE RO In March 2004, Facebook expanded to Stanford, Columbia, and Yale. TAS their idea to create Facebook. Friends Sean Parker (Co-founder of Napster) discovers thefacebook.com on the computer of his roommate's girlfriend, who was a student at Standford. Shortly afterwards, Sean flies to New York to meet with Mark over dinner. Sean begins informally advising on Facebook. NY Stanford Yale Columbia By June 2004, sites were available for about 30 Shortly afterwards, it expanded to all Ivy league schools and then all US universities campuses and 150,000 students were registered. 30 CAMPUSES 150,000 $500k Peter Thiel Sean introduces Mark to Peter Thiel, founder of PayPal. June 2004: Facebook receives its first investment from Peter Thiel for US$500,000 in exchange for 10.2% of the company. f 10.2% June 2004 Sean Parker becomes president to the newly incorporated facebook Adding schools to their roster slowly "because we wanted to create safe communities" and make sure the system could handle the increased use. August 2004, 2 weeks before fall semester, Mark Zuckerberg prepares to return to Harvard. Sean Parker persuades Mark to drop out of college and focus on Facebook.company In September 2004, Divya Narendra, Cameron Winklevos and Tyler Winklevoss filed a lawsuit against Facebook for theft and fraud. December 30, 2004, one million members have created profiles on the site LMILLION 2005 Friends Road to global domination April 1st ACCEL PARTNERS Then Associate, now Accel Partner, Kevin Efrusy, got the inside lead on an early stage financing of Facebook by walking up to the firm's Palo Alto offices, uninvited, on April Fool's Day In May 2005, Accel partners invests $12.7 million in Facebook US high schools could sign up from September 2005, then it began to spread worldwide, reaching UK universities the following month. facebook.com It became Facebook.com in August 2005 after the address was purchased for $200,000. Microsoft Windows $200K December 11, 2005, uni- versities in Australia and New Zealand were added to the Facebook network Facebook later expanded membership eligibility to employees of several companies, including Apple Inc. and Microsoft. By the end of 2005, facebook's network included: throughout the UNITED STATES CANADA MEXICO UNITED KINGDOM AUSTRALIA NEW ZEALAND COLLEGES and HIGH SCHOOLS IRELAND 2006 March 28, 2006: A potential acquisition of Facebook is reportedly under negotia- tions, for $750 million first, then later $2 billion. Cash Flow 2005 Fiscal Year $3.63 A leaked cash flow statement shows that Face- book had a net loss of $3.63 million for the 2005 fiscal year. MILLION September 2006: Facebook dis- cusses with Yahool about the Y! latter possibly acquiring the former, for $1 billion. 13+ September 26, 2006: Facebook is open to everyone aged 13 and over, and with a valid email address.[1 8] 2007 Late in 2007, Facebook had 100,000 business pages 100K July 17, 2007, Zuckerberg says "We're not looking to IPO anytime soon. It's just not the core focus of the company." BIZ PAGES $60 MILLION f November, 2007 Hong Kong billionaire Li Ka-shing invests $60 million in Facebook. $240 MILLION October 24, 2007 Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million. 2008 August 2008: Employees reportedly privately sell their shares to venture capital firms, at a company valuation of between June 2008: Facebook settles both lawsuits, ConnectU vs Facebook, Mark Zuckerberg et al. and intellectual property theft, Wayne Chang et al. over The Winklevoss Chang Group's Social Butterfly project. $3.75 Billion to $5 Billion October 2008: Facebook sets up its international headquarters in Dublin, Ireland. 2009 Facebook Surpasses Myspace Friends May 2009, Facebook surpassed MySpace in U.S. based traffic for the first time, according to ComScore ff August 2009 Facebook acquires FriendFeed. 100 80 60 September, 2009 40 Facebook claims that it has 10 turned cash flow positive for the first time. Jul 2008 Oct 2008 May 2009 Jul 2009 Source: Google.com/trends 2010 2010 February 2010: Facebook acquires Malaysian contact-importing startup Octazen Solutions. April 2, 2010: Facebook announces the acquisition of photo-sharing service called Divvy-shot for an undisclosed amount. April 19, 2010: Facebook introduces Community Pages, which are Pages that are populated with articles from Wikipedia. yalpes P April 21, 2010: Facebook introduces Instant Personalization, starting with Microsoft Docs, Yelp, and Pandora. PANDORA June 2010: Facebook employees sell shares of the company on SecondMarket at a company valuation of $11.5 billion. YOU DON'T GET TO 500 MILLION secondmarket FRIENDS the marketplace for iliquid assets WITHOUT MAKING A FEW ENEMIES October 2010: The Social Network, a film about the beginnings of Facebook directed by David Fincher is released receives critical acclaim. 2011 Single In a relationship Engaged February, 2011 January 2011: Married It's complicated In an open relationship Facebook raises $500 Facebook adds new "civil union" million from Goldman Widowed option for gay partnerships. Separated Divorced Sachs and a Russian investor in a transaction In a civil union In a domestic partnership that values the company at $50 billion. $500 February, 2011 Goldman Sachs Facebook application and content aggregator Pixable estimates that Facebook will host 100 billion photos by summer 2011. MILLION Friends October 10, 2011: Facebook launches iPad app. June 2011: Facebook partners with Skype to add video chat. September 2011: Facebook partners with Heroku for Facebook application development using the Facebook Platform. facebook Find friends and acouaintances from facebook 2011 2011 December 21, 2011: Facebook login page changes due to Facebook Timeline addition. Paul McDonald Update tfe Activy Le .. December 22, 2011: Facebook launches its new profile user interface, Facebook Timeline. 2012 April, 2012 Insta Facebook acquires Instagram for $1 billion. One Billion Dollars May 2012 Facebook goes public, negotiating a share price of $38 apiece, valuing the company at $104 billion, the largest valuation to date for a newly listed public company. $38 October, 2012 Facebook Reaches 1 BILLION USERS 2013 [thefacebook ] January, 2013 Facebook announces and begins rolling out Facebook Graph Search. Email Welcome to Thefacebookt [ Welcome to TheFacebook ] Thefacebook is an online directory that connects people from facebook through social networks at Graph is big and changing We have opened up Thefacebook for popular consumption at all colleges and universities. If you are not part of a college or university, you will be added to the default Thefacebook network a billion people 240 billion photos 2013 Your account is limited to your own college or university. 1 trillion connection You can use Thefacebook to: • Search for people at your school • Find out who are in your classes • Look up your friends' friends • See a visualization of your social network To get started, dick below to register with your facebook account. The original site has been brought back to life at http://www.thefacebook.us/ Regiter Login about contact fag terms priacy a Mark Zuckerberg production Thefacebook © 2013 Resources http://en.wikipedia.org/wiki/Facebook_(directory) http://en.wikipedia.org/wiki/History_of_Facebook http://en.wikipedia.org/wiki/Facebook http://www.guardian.co.uk/technology/2007/jul/25/media.newmedia http://www.jonloomer.com/2012/05/06/history-of-facebook-changes/ http://www.businessinsider.com/how-facebook-was-founded-2010-3?op=1 http://www.nytimes.com/2007/08/31/business/worldbusiness/31iht-facebook.5.7340806.html?_r=0 http://www.thecrimson.com/article/2004/2/9/hundreds-register-for-new-facebook-website/ http://yaledailynews.com/blog/2004/09/15/thefacebook-com-faces-suit/ http://www.thesundayindian.com/en/photo-albums/241/ http://www.thecrimson.com/article/2003/11/4/hot-or-not-website-briefly-judges/ http://www.thecrimson.com/article/2003/11/19/facemash-creator-survives-ad-board-the/ http://www.nytimes.com/2005/05/26/business/26sbiz.html?_r=2&scp=1&sq-thefacebook+parker&st=nyt http://en.wikipedia.org/wiki/Timeline_of_Facebook http://www.telegraph.co.uk/technology/facebook/8048220/Facebook-10-milestones-on-the-way-to-social-success.html http://www.vanityfair.com/culture/features/2010/10/sean-parker-201010 http://en.wikipedia.org/wiki/Sean_Parker http://mashable.com/2008/12/18/facebook-us-traffic-beats-myspace/ http://www.pcworld.com/article/166794/Facebook_Overtakes_MySpace_in_US.html http://www.newyorker.com/reporting/2010/09/20/100920fa_fact_vargas?currentPage=3 Brought to you by: my life Find everyone. All in one place. www.mylife.com +000' +000'

The Ultimate History of Facebook

shared by brianimi on Feb 21
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Read through the ultimate history of Facebook in a decade of glorious and gritty detail, from its infamous and controversial beginnings to its awe-inspiring growth in present day culture.

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MyLife

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Social Media
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