When did Facebook originate? This question has been on the minds of many as the social media giant has become an integral part of our daily lives. But Facebook’s origins are shrouded in mystery and speculation. What was the spark that led to the creation of one of the world’s most powerful and influential companies?
Facebook, as we know it today, is a platform that connects billions of people worldwide. It has changed the way we communicate and interact with each other, becoming an integral part of our daily lives. It has a microblogging feature, as well as an instant messaging feature, along with Dating and a Facebook Marketplace selling tool. But how did it get to where it is today?
As you continue reading this article, you will discover the secrets and unknown facts of one of the most popular social media platforms. Facebook’s journey from humble beginnings to a global phenomenon is an interesting story to read. So, when did Facebook start? Read on to find out.
When did Facebook start? Expose the origin
When did Facebook originate? In 2004, the social media behemoth started in a dorm room at a top university. Mark Zuckerberg and his fellow students Andrew McCollum, Chris Hughes and Eduardo Saverin came up with the concept of a website that would connect students and allow them to exchange knowledge and connect with each other. This early version of Facebook was known as “Thefacebook” and was initially limited to students at that university.
By 2005, Facebook had expanded to other Ivy League universities; in 2006 it was available to anyone over the age of 13 with a valid email account. Facebook went on to add more features, such as the ability to post images in 2005, join groups in 2006, and schedule events in 2007, turning it from a simple website for interacting with friends into something more. It quickly became a powerful tool for communication and social interaction, quickly becoming one of the world’s most popular websites.
Facebook evolved and expanded over time, adding new features and reaching new heights of popularity. Facebook went public and became a publicly traded company in 2012. In the years since, Facebook bought additional companies like WhatsApp and Instagram, further expanding its reach and capabilities.
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A look at the evolution of the social media giant
As we know when Facebook started, now is the right time to learn about its evolution. Facebook continued to expand and evolve, introducing new features and tools to improve the user experience and address concerns about user privacy and the spread of misinformation. Some notable developments are:
2003 — Mark Zuckerberg creates ‘Facemash’ while studying at Harvard University, which is later shut down by the school’s administration.
2004 — Zuckerberg launches “TheFacebook” at Harvard University, which eventually expands to other Ivy League colleges and universities in the US and Canada. It’s the milestone answer to your “when did Facebook start” question, by the way.
2005 — Facebook drops “de” from its name, receives investment from Accel Partners and Jim Breyer, and expands to include high school students and employees of select companies.
2006 — Facebook hires its first intern, Julie Zhuo. Microsoft buys a 1.6% share of Facebook for $240 million.
2007 – Facebook Developer Platform is launched, with 33,000 apps and 400,000 registered developers in 2008.
2008 – Facebook redesigns its user interface, introduces “Facebook Beta” and migrates users to the new version. Facebook announces that its international headquarters will be located in Dublin, Ireland.
2009 – Facebook achieves positive cash flow for the first time and is ranked as the most used social networking service by monthly active users worldwide. China blocks Facebook after Ürümqi riots.
2010 — Facebook wins the Crunchie Award for Best Overall Startup or Product, reaching 500 million users.
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2011 – Facebook acquires domain name fb.com from American Farm Bureau Federation for $8.5 million and announces plans to move its headquarters to Menlo Park, California. Facebook removes 20,000 profiles every day for violations such as spam, graphic content, and underage use.
2012 – Facebook goes public with an IPO, raising $16 billion. Facebook reaches one billion active users. Facebook announces App Center, a store for apps that work through the website.
2013 — Facebook goes public in the largest technology IPO in history, raising $16 billion. The company is facing lawsuits related to the IPO and accused of insider trading.
2014 — Facebook acquires WhatsApp for $19 billion and Oculus VR for $2 billion. The company reaches 1.23 billion monthly active users and 757 million daily active users.
2015 — Facebook revises its algorithm to filter out false or misleading content and introduces 4-month paternity leave.
2016 — Zuckerberg outlines his 10-year vision for Facebook, focusing on AI, global connectivity, and VR/AR. Facebook is being sued for $1 billion, alleging it authorized Hamas to use it to carry out attacks.
2017 — Facebook opens Station F, a startup incubator campus in Paris, launches Facebook Spaces, a VR version of Facebook for Oculus VR goggles, and announces it will spend up to $1 billion on original shows for its Facebook Watch platform .
2018 – Facebook announces dating service and must be charged £500,000 by UK watchdogs for failing to respond to data erasure requests. The company establishes a subsidiary in China, Lianshu Science & Technology, with $30 million in capital.
2019 – Facebook introduced a new feature called “Facebook Dating” that allows users to connect with potential partners through the platform. Facebook is also under fire for not taking action against misleading political advertisements.
2020 — Facebook has been criticized for its handling of disinformation and hate speech related to the COVID-19 pandemic and the US presidential election. The company announces a ban on political ads in the week leading up to the election and introduces new rules for political ads. Facebook is also announcing a $1 billion investment in news organizations over the next three years.
2021 — Facebook is sued by the FTC and a coalition of states for illegal monopolization and antitrust, but the lawsuit is dismissed by a federal judge. Facebook is blocking Australian users from sharing or viewing news content on its platform due to a bill in the Australian parliament.
2022 — For the first time in its 18-year history, Facebook’s number of daily active users is declining, and the company warns that revenue growth will stagnate due to competition from TikTok and YouTube, as well as advertisers scaling back their spending. Analysts expect Facebook’s stock to enter a “death spiral” as users leave and ad impressions increase. Facebook announces a temporary relaxation of standards to allow violent rhetoric against “Russian invaders”, prompting Russia to block all Meta services, including Instagram.
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Overview Facebook user base
After the question “when did Facebook start” you might wonder what its user base is as it shows the true success of a platform. When Facebook first became available, the user base grew rapidly and continued to increase until 2018. In 2008, the site had 100 million registered users; in 2010 there were 500 million. As of October 2012, Facebook had over one billion monthly active users, with 600 million using mobile devices to access the site. In June 2017, the site has 2 billion visitors.
However, between 2017 and 2019, the number of US adults over the age of 12 using Facebook dropped from 67% to 61%. The loss is particularly noticeable among younger Americans: The percentage of 12- to 34-year-olds using it fell from 58% in 2015 to 29% in 2019. This drop coincided with an increase in the popularity of Instagram, which also owns Meta .
For the first time in its 18-year history, Facebook’s daily active users fell in November 2021. Revenue growth will slow due to competition from TikTok and YouTube, and advertisers cutting back, the company said.
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I hope you now know when Facebook started. Facebook was founded in 2004 by Mark Zuckerberg while a student at Harvard University. The platform was initially launched as “TheFacebook” and has come a long way since its early days as a small social network for students. Today it has grown into a global phenomenon with billions of users worldwide. If you want to learn more interesting facts, guides and solutions for Facebook, visit Path of EX.