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Facebook. Created By: Jeremy Susan Madhvi. Background Information about Facebook. Founded in 2004 by Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz, and Chris Hughes. Initially just for Harvard students

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Facebook

Facebook

Created By: Jeremy

Susan

Madhvi


Background information about facebook
Background Information about Facebook

  • Founded in 2004 by Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz, and Chris Hughes.

    • Initially just for Harvard students

    • Expands to other Ivy League schools

    • Moves into other colleges and high schools before going to general public age 13 or over


Innovator on the internet
Innovator on the internet

  • First to link people through profiles and friend lists

  • Easy to navigate for casual computer users

  • Links multiple pages based on individual interests


  • Real time news feed to give information to friends

  • First to require real identity and a high level of customization not available on other networking sites.

  • Business Marketing

    • Lets you target market your business to specific age groups and areas of the world


Innovation leads to tremendous growth
Innovation leads to tremendous growth

  • Has gone from thousands of users in 2006 to over 600 million users as of January 2011.

  • In major markets Facebook is consistently in the top 3.


Facebook no 1 networking site in markets
Facebook No.1 networking site in markets

United States

Australia

Philippines

Indonesia

Malaysia

Singapore

New Zealand

Hong Kong

Vietnam



Future outlook
Future Outlook

  • Net worth estimated to be in the 50 to 70 billion dollar range.

  • Estimated revenue for 2010 was 2 billion dollars

  • Purchasing unique web support companies to keep all business in house.

  • Current large investors include Microsoft, Goldman Sachs and PayPal founder Peter Thiel.




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