Startup Story of Facebook

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Startup Story of Facebook

Startup Story of Facebook – Facebook needs no introduction from anyone in the whole world now. Its introduction is not only limited to the millennials or the people who use the internet, but everyone knows about Facebook. There was an article that stated Facebook has so many people that it can be called a county of itself.

And just like we know Facebook, we know that it is started by Mark Zuckerburg. He is the CEO of Facebook. He started this platform when he was just 19 year old. He started this in 2004. He was a college student when he started this. Initially, he named his site as Harvard sophomore.

The next name that was given to the website was facebook.com. To be precise, the site was an instant hit. It’s been 16 years that Facebook has been launched and running. There are so many new changes and techniques that have happened on Facebook over the years. 

Startup Story of Facebook

Startup Story of Facebook
Startup Story of Facebook

The idea of starting the platform was to let everyone stay in touch with each other. It was the official first online platform that was started for the people to stay in touch with each other and stay connected. People tend to lose their touch with their friends and relatives over time and this was a platform to keep everyone connected.

This has proved to be a huge success because it has changed the world’s scenario of being connected with their known ones. Facebook could safely be called the start of the social media relationship. 

According to the stats of 2018, Facebook has a capitalisation of $500 billion. The platform has an active status of 2 billion monthly active users. The net worth of Mark Zuckerburg is more than $70 billion dollars.

This is the status according to Forbes. Zuckerburg says that he did not plan to start a company and he just wanted to begin a platform from where he could help his friends and acquaintances stay connected with each other. He found this a gap on the internet, and because of this he created this platform and went ahead with this. 

There were quite a few controversies related to Facebook. Just after a week after Facebook was launched, the college seniors of Harvard had accused Mark of stealing their idea and concept. This was just an allegation but then it became a full fledged lawsuit. Those seniors sued Mark and Facebook for fraudulent activity of stealing their ideas. 

Initially that was just started as a platform to create friends, share memories, stay in touch, has now changed over the years for so many things. Facebook has been one of the biggest platforms online for starting a business.

Startup Story of Facebook

Startup Story of Facebook
Startup Story of Facebook

Different kinds of online businesses are started and listed on Facebook. A lot of and big businesses are on Facebook through their Facebook pages.

Startup Story of Facebook – The celebrities are on Facebook to maintain a decent relationship with their fans and followers and to update them about their upcoming stories. Facebook has changed over the years and is going to change even more for the better in the coming time. 

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