The history of Facebook

Zuckerberg registers “” and launches the site in February 2004. By June, Facebook receives its first investment from Peter Thiel for $500,000. Sean Parker of Napster fame becomes president, and by the end of the year they reach 1 million users. A few months after, News Corp. acquires MySpace. In July 2005, Facebook adds high school and international school networks and drops “the” from In 2006, two years after launching, Facebook has become the seventh most heavily trafficked site on the Internet, according to ComScore. In the fall it opens registration so that an invitation is no longer required; anyone can join, and Facebook membership reaches 12 million by the end of the year. Later on in 2007, Microsoft announces it has purchased a 1.6% share of Facebook for $240 million, giving Facebook a $15 billion valuation. By April 2008, Facebook overtakes MySpace for unique visitors. Facebook has launched in German, Spanish, and French. Dustin Moskowitz and much of the original original Facebook team starts to depart. In February 2009, Facebook introduces the “Like” button. (There have been 1.13 trillion “Likes” since.) In December, the New Oxford American Dictionary declares the Word of the Year to be “unfriend.” 2010 starts construction on a hyperefficient data center in Prineville, Ore. Meanwhile, The Social Network, an unflattering portrait of Zuckerberg and his relations with early colleagues, opens in theaters. Wins three Oscars. Zuckerberg declares he will study Chinese every day for a year. In 2011, Zuckerberg vows to eat only meat from animals he slaughters himself. In 2012, Zuckerberg changes his relationship status to to “married” along with his new bride, Priscilla Chan. Facebook IPOs at an initial price of $38 a share and quickly loses more than half its value.


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