The facebook
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Transcript of The facebook
What exactly is Facebook®?
• Facebook® is a “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 and add applications.
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Mark Zuckerberg
Eduardo Saverin
Dustin MoskovitzChris Hughes
Facebook was
founded by
Net worth US $27.9 billion(programmer & Internet entrepreneur)
Net worth US $3.3 billion(business aspects)
Net worth US $3.8 billion (programmer)Net worth US $850 million
(promoter)
Andrew McCollum
net worth: Unknown(graphic artist)
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Mission
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Their Journey…•Acquired WhatsApp
•Microsoft purchased shares for $240 million
•Acquired Instagram
•Most visited website
•Open to everyone
•TheFacebook
•FaceMash
•Applied for IPO
2003
2004
2006
2010
2012
2014…
2007
2012
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How it began• Facemash, the predecessor to Facebook was
created by Mark Zuckerberg on October 28, 2003.
2003
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It wasn’t completely legal. How exactly did Mark Zuckerberg get the photos? He hacked into Harvard’s computer network and copied them, of course. This whole incident got the attention of Harvard’s school newspaper, The Harvard Crimson.
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After Facemash:On February 12 ,
2004 ,TheFacebook was created.
2004
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Cameron Winklevoss
Tyler Winklevoss
Divya Narendra
Six days after the site launched, three Harvard seniors accused Zuckerberg of intentionally misleading them into believing he would help them build a social network called HarvardConnection.com. They later filed a lawsuit against Zuckerberg, subsequently settling in 2008 for 1.2 million shares (worth $300 million at Facebook's IPO).
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JUNE, 2004Moved to Palo Alto,
California & received their 1st investment
Worth $500,000
Peter Thiel
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IN 2005
TheFacebook.comwww.
• After purchasing the domain name facebook.com for $200,000 and was made available to high school students.
Users increased from
1 million (2004)
to 5.5 million
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...”the next logical step”
• Facebook expanded membership eligibility to employees of several companies, including Apple Inc. and Microsoft.
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Mobile version debuts
April 2006The first version of Facebook
for mobile devices is launched. Early versions
worked through SMS, allowing users to send messages or
post on their friends' walls by text message.
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September 26, 2006Facebook was opened to everyone at least 13years old with a valid email address. (Reached 12 Million users)
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Microsoft Beats Google on Facebook Deal (October 24, 2007)
Steve Ballmer CEO (2000-14)
Microsoft purchased a 1.6% share of Facebook for $240 million
- Rights to place international adverts
- Giving Facebook a total implied value of around $15 billion
Reached 50 Million
users
2007
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The 'Like' button arrives February 9, 2009
The social network adds a "Like" button next to posts, allowing
friends to show their approval of a status update, shared story or photo. The option has since become one of Facebook's
signature features.
2009
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“The Social Network”• More people visited Facebook than Google for the week ending
March 13, 2010
• Another milestone was ‘The Social Network’, a movie based on Mark Zuckerberg, which was released this year and it bragged 3 academy awards, soaring Facebook’s branding massively.
Reached 600 Million
users
2010
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Acquired Instagram• Instagram is an online photo-sharing, video-sharing and social networking service.
• On April 12, 2012, Facebook acquired Instagram for approximately $1 billion in cash and stock. The deal, which was made just before Facebook was scheduled to go public.
2012
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Off to Wall Street• Facebook held its Initial Public Offering(IPO) on Friday, May 18, 2012. and valued its stock at $38 a share which priced the company at $104 billion – the largest valuation to date for a new public company.Reached
1 Billion Users
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In 2013• Dec. 19, 2013: Zuckerberg donates 18 million shares of Facebook stock to the Silicon Valley Community Foundation, which (at a value of roughly $1 billion) makes Zuckerberg the most generous charitable giver in the world for the entire year.
2013
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Facebook turns 10• Facebook turns 10 on February 4, 2014 and celebrates
10 years with ‘Look Back’.
2014
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Acquiring WhatsApp• February 19, 2014; Facebook acquired WhatsApp, for a total of
approximately $16 billion, including $4 billion in cash and $12 billion worth of Facebook shares and an additional $3 billion in restricted stock units.
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Key Facts• 945 million monthly active users on mobile.• 757 million daily active users on average.• Approximately 81% of daily active users are outside the U.S. and Canada.
• 1.23 billion monthly active users.
Sheryl Sandberg (COO)Mark Zuckerberg(Chairman & CEO)
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“This is a great opportunity, but it also requires greater attention to and awareness of possible risks… Does the danger exist that we may be less present to those whom we encounter in our everyday life? …Virtual contact cannot and must not take the place of direct human contact with people at every level of our lives.”
~ Pope Benedict XVI
“This is a great opportunity, but it also requires greater attention to and awareness of possible risks… Does the danger exist that we may be less present to those whom we encounter in our everyday life? …Virtual contact cannot and must not take the place of direct human contact with people at every level of our lives.”
~ Pope Benedict XVI
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THANK YOU ;)
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