Photo Source: neatorama.com
The original founder of Facebook and CEO is 24 year old Mark Zuckerburg. Mark and 3 of his roommates created Facebook while attending Harvard University and launched the site on February 4, 2004 from their college dorm room.
The first use of the FaceBook was on the Harvard campus and it was limited only to Harvard students. Soon the FaceBook spread like wild fire around the other major U.S. Universities.
Photo Source:Wikipedia
Mark Zuckerberg dropped the Harvard and pursued his facebook dream to become one of the 4th most-trafficked websites in the world with more than 90 million active users.
The FaceBook website is built on PHP-MySQL technology and it is probably the most popular PHP website ever built.
Interesting fact is that the facebook.com domain was purchased for $200,000 and FaceBook has more than 27 million photos uploaded daily.
This is 41 year old American entrepreneur and Co-founder of Pay Pal Peter Thiel, who was the first person to invest in Facebook.
The next big company to take a chance and invest in Facebook was Accel Partners. In May 2005, the company made an investment of $12.5 million then April 2006 Greylock Partners decided to invest $25 million in Facebook as well.
Photo Source:Wikipedia
Within 4 years of launching Facebook, it became the number 1 social networking site on the web but according to other sources it ranks 2nd.
In 2007 after seeing all the other major companies investing in Facebook, Microsoft contacted the owners of the site proposing an investment in return for 5% stake in the company.
At the time they giant software company was offering up to $500 million for the investment. Owners of Facebook declined that offer but on October 24, 2007 Microsoft announced that they had purchased 1.6% of Facebook shares for the sum of $246 million.
