Search This Blog

Friday, 2 March 2012

Facebook



Facebook is the world’s largest social network site, with over 700 million users & Facebook was founded by Mark Zuckerberg in February 2004. It was a physical paper book until Zuckerberg brought it to the net. With this success, Zuckerberg, Moskowitz & Hughes moved out to Palo Alto for the summer & rented a sublet. With millions more users, Friendster tried to acquire the company for $10 million in mid 2004. Based on these types of numbers, Microsoft invested $240 million in to Facebook for one.