Diahayuseptiana's Blog

THE HISTORY OF FACEBOOK

Posted by: diahayuseptiana on: May 26, 2009

Facebook was first launched on 4 February 2004 by Mark Zuckerberg as a medium to know each other for the students of Harvard.

Within two weeks after the launch, half of all Harvard students have signed up and have an account at Facebook. Not only that, several others around the campus of Harvard also ask for inclusion in the Facebook network. Zuckerberg also eventually help the two friends to help develop and meet the demand Facebook campuses to join the network. Within 4 months since the launch, Facebook already has 30 campuses in the network.

With the success, Zuckerberg and the two friends decided to move to Palo Alto and rented an apartment there.

Zuckerberg successfully met Sean Parker (Napster cofounder), and the results of meeting Parker also agreed to move to an apartment Facebook to work together to develop Facebook. Not long after that, Parker successfully get Peter Thiel (Paypal cofounder) as the first investor. Thiel invested 500 thousand U.S. Dollars for the development of Facebook.

Number of accounts at Facebook increasing sharply, so in mid-2004 Friendster bid to buy Facebook for Zuckerberg worth 10 million U.S. Dollar, and Zuckerberg rejects that agreement with friendster. Zuckerberg does not at all sorry to reject the bid because not long after that Facebook receives endowment fund of more U.S. Dollar 12.7 million from Accel Partners. And since then endowment funds from various investors continue to flow to the development of Facebook.

In September 2005 Facebook is not only to limit the network of students. Facebook is a network for high school students. Some time later Facebook is also a network for workers kantoran. And finally in September 2006 Facebook opened registration to anyone who has an e-mail address.

Aside from Friendster reject bid for 10 million U.S. Dollar, Zuckerberg also reject Viacom’s bid to buy Facebook at 750 million U.S. Dollar, and Yahoo’s bid to buy Facebook worth 1 billion U.S. Dollar.

No other social networking site that is capable of rival attraction of Facebook users. In 2007, there is the addition of 200 new accounts per thousand More than 25 million active users to use Facebook every day. The average user spent approximately 19 minutes per day to perform various activities on Facebook.


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