FACEBOOK

Created By: Jeremy

Susan

Madhvi

BACKGROUND INFORMATION ABOUT FACEBOOK

Founded in 2004 by Mark Zuckerberg,

Eduardo Saverin, Dustin Moskovitz, and

Chris Hughes.• Initially just for Harvard students• Expands to other Ivy League schools• Moves into other colleges and high

schools before going to general public age 13 or over

INNOVATOR ON THE INTERNET

First to link people through profiles

and friend lists

Easy to navigate for casual computer

users

Links multiple pages based on

individual interests

Real time news feed to give information to

friends

First to require real identity and a high level of

customization not available on other networking

sites.

Business Marketing• Lets you target market your business to

specific age groups and areas of the world

INNOVATION LEADS TO TREMENDOUS GROWTH

Has gone from thousands of

users in 2006 to over 600 million

users as of January 2011.

In major markets Facebook is

consistently in the top 3.

FACEBOOK NO.1 NETWORKING SITE IN

MARKETS

• United States

• Australia• Philippines• Indonesia• Malaysia• Singapore• New Zealand• Hong Kong• Vietnam

Facebook

banned in

Syria

FUTURE OUTLOOK

Net worth estimated to be in the 50 to 70 billion

dollar range.

Estimated revenue for 2010 was 2 billion dollars

Purchasing unique web support companies to keep

all business in house.

Current large investors include Microsoft, Goldman

Sachs and PayPal founder Peter Thiel.

IPO (Initial Public Offering) being projected for

2012.

When made public worth may reach the 100 billion

mark.

Mark Zuckerberg is one of the youngest billionaires

with a net worth of approximately 14 billion dollars.

That’s All Folks