Journey Facebook becomes the world's largest social network
Before becoming the highest-ranking social network with 2 billion users and a market capitalization of nearly $ 500 billion, Facebook was born in a dorm room at Harvard University. Join us to find out how Facebook's journey becomes the world's largest social network!
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Facebook is a "modern fairy tale" story about Silicon Valley success: It is the idea of an ordinary person starting from Harvard University dormitory to one of the strongest companies - The most influential " throne " position in the world.
As you know, thanks to Facebook, owner Mark Zuckerberg from a legendary guy wearing a hoodie and wearing tennis shoes has stepped into the position that many people want in the technology industry.
Up to now, Facebook is worth about $ 500 billion and more than 2 billion people use social networks every month.
Join us to find out about Facebook's journey to become the world's largest social network. This is the story behind the process of walking to the glory of Facebook starting from February 2004 to the present.
Facebook has a new start from Harvard University's Kirkland House.
This is the dorm where Wallace Shawn , who plays Vizzini in " The Princess Bride " and the voice actor Rex in the " Toy Story's " series, lived during college years.
In 2003, Mark Zukerberg , a second-year student at Harvard University, built a website called Facemash .
" Facemash " is a hot and ' not very stylish ' website. Mark Zuckerberg used the photo of a classmate he hacked from the dorm's ID system. , this Facemash website has 22,000 views from 450 people.
A few days later, Harvard University asked Zuckerberg to remove the site for copyright and safety reasons. Zuckerberg faced and received disciplinary punishment from Harvard's school but he was still allowed to stay at the school.
Undeterred and giving up because of the collapse of Facemash, February 4, 2004, Zuckerberg gave birth to a brainchild named " Thefacebook ".
Six days after the introduction of Thefacebook , three Harvard University final year students announced that Zuckerberg did not keep his promise to create a website for them and used their ideas to create Facebook.
Cameron, Tyler Winklevoss and Dvya Narendra claim that Zuckerberg agreed to build a website called HarvardConnection.com for them before creating his own website. They even sued and settled in court in 2008.
As part of the deal, they received 1.2 million shares of Facebook. These shares are worth 300 million USD when Facebook has IPO.
Within a month, half of the students at Harvard University were registered as members of Thefacebook.
In March 2004, Thefacebook was expanded to universities such as Yale, Columbia and Stanford. Zuckeberg invited close classmates including: Dustin Moskovitz, Eduardo Saverin, Andrew McCollum and Chris Hughes to help develop the website into a business.
Only a few months later, the Facebook team made the first ad on the website.
Slide deck shows the great development of the website - besides its limited points.
At this point, Zuckerberg still runs Facebook outside the dorm room, but it's time he needs to invest seriously.
In 2004, Zuckerberg quit school at Harvard University, similar to Bill Gates, Microsoft corporate boss.
In mid-2004, Zuckerberg hired Napster , co-founder Sean Parker as the first director of Facebook.
In June 2004, Facebook established its own " workplace " in a small office in central Palo Alto, California.
At that time, the company was known to be the center of a startup. The photo above is taken from the 2008 document, called " Now Entering: A Millennial Generation ".
This office is in the heart of Palo Alto, surprising people.
Look at the glass door number 471. That is the place leading up the stairs to the office of Facebook.
Years later, I - the author of the article also worked for a company that uses the same office space. At that corner there is a pretty sushi shop.
Mark Zuckerberg often partyed in the office in shorts, barefoot and holding a beer in his hand.
No kidding, seriously because they really like beer.
In the picture above, one of the members of the group is pouring beer from the barrel, while Andrew McCollum is chatting with a female friend.
This office was once famous for graffiti paintings on the wall.
That same month, Facebook moved to Palo Alto's office, which was the first time Facebook had raised capital from outside.
Facebook received $ 500,000 investment from co-founder PayPal , Peter Thiel ( left ) and Elon Musk. Since then, Peter Thiel is known as a famous venture capitalist, while Musk switched to building Tesla and SpaceX.
Since that time, Facebook has started to move quickly towards the superstar culture.
In May 2005, Facebook created $ 13.7 million in capital. In 2006, Facebook created the News Feed . It is a feature that allows users to update the situation of their friends in real time. This is seen as a breakthrough as well as becoming a key point of this website.
At the end of 2007, Zuckerberg met Google's CEO at the Christmas party - the one who was none other than Sheryl Sandberg .
At this point, Sheryl Sandberg is holding a new position at The Washington Post. However, after this meeting, Zuckerberg decided that Facebook needed a chief operating officer (COO ) and tried to convince Sheryl Sandberg about his team in early 2008.
Facebook grows rapidly and the rise of smart phones gives it more users. This marked an important turning point in Facebook's development journey.
In 2009, Facebook moved to a wider Palo Alto office at Stanford Research Park.
Office relocation as well as an " explosive " development of Facebook website. At the end of 2010, Facebook hit a thousand billion views a month.
However, the new office cannot " hold " Facebook for too long. In 2011, this social networking site continued to move the office.
This switch, Facebook is located on an enterprise campus " occupied " by Sun Microsystems and acquired by Oracle.
Facebook named the road Hacker Way .
This name is related to a living maxim of Zuckerberg: " Move fast and Break Things ".
At this point, Facebook shows people that social networks can play an important role in world politics.
Facebook's influence was emphasized by the Egyptians in the February 2011 rally. The rally was widely held through Facebook and other social networking channels.
Zuckerberg himself " went " politically.
Zuckerberg's first public political actions were to communicate with the world's leading people in supporting global Internet access.
Facebook has also advocated equality in marriage and equal rights.
Social network is constantly developing. As of May 18, 2012, Facebook has offered $ 5 billion worth of shares.
Also in 2012, Facebook began distributing to the staff of " Little Red Book ".
This book has since become a legend. The book includes slogans as a propaganda message to Facebook employees in the hope that no matter how far the company grows and how far they are still on the same line.
After the IPO stock issue date, Zuckerberg married Priscilla Chan.
Zuckerberg went to marriage with his beautiful, talented girlfriend, Priscilla Chan, whom he met at Harvard University.
For all these years, the company started developing a series of new startups including Instagram - a social media sharing application.
Facebook bought Instagram for $ 1 billion in 2012 . This photo sharing application now has more than 400 million users.
The sale shows that, despite being on the path of development, Facbook is constantly looking for new startups that could potentially lead to Facebook's downfall.
After that, Facebook also bought Oculus VR virtual reality glasses .
Oculus is a start-up company that is in its infancy when it was bought by big boss Facebook in March 2014 for $ 2 billion.
Facebook also bought WhatsApp mobile messaging company for $ 19 billion.
Facebook made this purchase in February 2014. Co-founder of WhatsApp, Mr. Jan Koum joined Facebook's board after making the transaction and this service has so far had more than 1 billions of uses per day.
On the 10th birthday, Facebook had more than 1.23 billion visits per month.
Among them, 1 billion users access social networks via mobile devices. Our world has changed, but Facebook continues to grow.
To support this development, Facebook once again moved to a larger office.
In March 2015, Facebook built a new campus in Menlo Park, California. This campus was designed by legendary engineer Frank Gehry to accommodate up to 2,800 employees.
No matter what happens in the future, CEO Zuckerberg's job is to drive the company to the path of connecting people around the world.
Zukerberg said to Facebook investors: " Simply: we don't build services to make money; we make money to build better services ."
In December 2015, Zuckerberg announced that he would participate in charity work extensively.
He and his wife founded the Chan Zuckerberg Initiative , a company in which Zuckerberg plans to invest 99% of his assets and reinvest in researching the causes of world change.
While contributing to the Zuckerberg Initiative Chan Fund, Zuckerberg still plays the key " iron man " of Facebook.
Whatever happens to the company, Zuckerberg still holds important authority in the company thanks to his organizational structure. Therefore, Zuckerberg did not lose control of his own company since he was in Harvard University dormitory.
See also: 50 soft skills needed to get happiness and success for life (Part 1)
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