Facebook Turned 15: How Was Floating the Development of the Largest Social Network in the World?

When someone says “social network,” which platform do you think about first? We are sure it is Facebook. That, after all, started profile pictures, statuses, news feeds, emoji and likes.

Legendary Facebook is celebrating its 15th anniversary, and, in this regard, The Coin Shark have prepared 15 interesting facts from the history of the social network.

Source: https://www.wikipedia.org

1. Facebook was created as a social network for students

In 2004, a Harvard University student Mark Zuckerberg, together with his roommates Eduardo Saverin, Dustin Moskovitz and Chris Hughes created Thefacebook. The social network, which was initially used only by Harvard students, quickly went beyond the university, becoming available to other educational institutions in Boston, and then to all students in the USA.

Later, Zuckerberg’s attempts to remove Saverin from the management of the company came to trial.

2. World acknowledgement

In 2006, the social network became available to every Internet user over the age of 13 who had an email address.

3. The richest student in the dormitory

Facebook and his world fame made Mark Zuckerberg the youngest billionaire on the planet at his 23.

4. 15 billion for Facebook

In 2007, Microsoft paid $ 240 million for a 1.6% stake in Facebook, thereby estimating the company at $ 15 billion.

5. Giving way only to Google and Amazon

After 3 years, according to SecondMarket Inc, the company’s value was $ 41 billion. Facebook has become the third largest Internet company in the US, after Google and Amazon.

6. Mark Zuckerberg is the person of the year

Mark Zuckerberg was named Time’s 2010 person of the year.

Source: https://www.wikipedia.org

7. Golden Globe and three Oscars for “The Social Network”

At the 86th Golden Globe prestigious film awards ceremony,  “The Social Network” was the best drama of 2010, directed by David Fincher about the history of Facebook creation. The film also received three Oscars for the best film editing, music and adapted screenplay.

8. Good deal

In 2012, Facebook bought Instagram for 1 billion dollars. This is the first acquisition of such scale by Facebook

9. Users’ claims

Two U.S. users made a claim against Facebook and accused the social network of using personal correspondence data and applying them to targeted advertising. This is a violation of federal surveillance law and the law of privacy protection.

10. The first 100 billion in dollars …

In 2012, Facebook posted its shares as part of its IPO on NASDAQ at $ 38 per share. It turns out that the entire social network was valued at $104 billion.

11. … and 1 billion users

For the first time Facebook overcame the mark of 1 billion users in 2015.

12. The most popular social network in the world

In 2017, Facebook became the most popular social network in the world. Its monthly audience was 1.968 billion people.

13. Contribution to humanity

In the same year, Facebook launched a new service in the form of special maps that will help to spot the victims of natural disasters. The project was launched with the assistance of UNICEF, the International Federation of Red Cross and Red Crescent Societies, the World Food Program.

14. Prohibition of advertising cryptocurrency and ICO

Facebook and Instagram forbade to advertise any products based on cryptocurrencies, conducting ICO and binary options. But later, the leaders of the social networks partially allowed such advertising, it also became known that Facebook is forming its own blockchain-department.

15. WhatsApp, Instagram and Messenger Merge

Most recently, Mark Zuckerberg commented on the rumors about the merge of Messenger, WhatsApp and Instagram and called it a “to whatever term we end up doing this” project. A new messaging system is planned to be launched by no earlier than 2020.

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