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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
slide4

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.
slide9

IPO (Initial Public Offering) being projected for 2012.

  • When made public worth may reach the 100 billion mark.
  • Mark Zuckerberg is one of the youngest billionaires with a net worth of approximately 14 billion dollars.