The Start

"TheFacebook" was launched on February 4, 2004 by Mark Zuckerberg and his roommate during his sophomore year at Harvard University.

The site was originally limited to only Harvard students, then to campuses and universities worldwide before it was available to everyone.

The Expansion

2005

The site became facebook.com after the address was purchased for $200,000

Facebook expanded to 21 universities in the UK and around the world

Facebook raised $13.7 million in funding

Facebook became available to anyone 13 years of age or older with a valid email address

2006

Facebook created its News Feed, giving people a real time stream of what their friends were doing

2008

Facebook introduced Chat and the Facebook App for iPhone

2009

Facebook introduced the "like" button next to posts

2010

The story of the creation of Facebook hit the big screen in The Social Network which made $22,445,653 during its first weekend

2011

Facebook becomes the largest online photo host

Over 350 million users accessed Facebook through the mobile app

2014

Over 1.23 billion people were visiting the social network each month

Major Purchases

2012

Instagram was purchased for $1 billion

2014

WhatsApp was purchased for $19 billion

2014

Oculus was purchased for $2 billion

The Impacts of Facebook

Changed how we keep in touch

Facebook solidified itself as an important tool for staying in touch with those you love and those you've just met

Changed how we share our lives

posting photos, thoughts, favorite videos, movies, and books
Facebook users share approximately 41,000 posts per second

Changed how we consume content

post about personal lives
post news and important content
political news, sports scores, funny videos

Changed how we view privacy

Changed American Politics

the general public is more connected to politics than ever before
Facebook users can go directly to a politician's fan page for the most up-to-date information
interact one-on-one with candidates and elected officials about important issues by sending them private messages or posting on their walls

Changed how business interact with their customers

Companies that adopt social technologies can see:
-50% increase in customer satisfaction
-48% increase in business leads
-24% increase in revenue

Statistics

Users generate 4 million likes every minute
There are more than 2 billion  active users
350 million photos are uploaded every day
35 million people update their statuses each day
47% of users access Facebook through the app
Highest traffic occurs mid-week between 1 to 3 pm