In the beginning...the Creation and Evolution of Facebook
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Success Story of Facebook Founder and CEO Mark Zuckerberg

Success Story of Facebook Founder and CEO Mark Zuckerberg | In the beginning...the Creation and Evolution of Facebook | Scoop.it

In this success story we are going to share Mark Zuckerberg biography, the youngest billionaire on the planet who created Facebook social network that now has 1 billion monthly active users. Thanks to Facebook people around the world can easily keep in touch with all their friends. Not long ago,... http://www.currentnewsofindia.com/success-story-facebook-founder-ceo-mark-zuckerberg/


Via # 1 SEO Services Jaipur | SEO Company in Jaipur | SEO Company Jaipur | SEO Jaipur
Rhonda Tanser's insight:

1. This is the beginning of the Facebook storyline. It is about the main founder of the social network, Mark Zuckerberg, and his story and rise to success. This feature is critical to the Facebook storyline, because without Zuckerberg and the other founders, Facebook would not exist.

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How Eduardo Saverin Sold Facebook Ads in 2004

How Eduardo Saverin Sold Facebook Ads in 2004 | In the beginning...the Creation and Evolution of Facebook | Scoop.it
A peek into then-CFO Eduardo Saverin's pitch to advertisers just two months after the social network's inception.

Via Reginald Shipman
Rhonda Tanser's insight:

3. This article is highly interesting to the history of Facebook. It's co-founder Eduardo Saverin, reveals the Media Kit he used to pitch Facebook to potential advertisers.

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Happy birthday, Facebook!

Happy birthday, Facebook! | In the beginning...the Creation and Evolution of Facebook | Scoop.it
Facebook is turning 10 this week. In social media terms, this is a huge accomplishment! Originally named Thefacebook, the company keeps growing and making the news. Timeline - February 4, 2004: Launch (Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, and Eduardo Saverin) - March 2004: Expansion from Harvard to Stanford, Columbia, and Yale. - September 2004: Launch of Facebook Wall. - September/October 2005: Expansion to high school networks. Launch of Facebook Photos. - December 2005: 6 million users. - April 2006: Launch of Facebook for Mobile. - September 2006: Launch of News Feed. Anyone can join Facebook. - December 2006: 12 million users. - June 2007: Launch of Facebook Video. - November 2007: Launch of Facebook Pages. - December 2007: 58 million users. - April 2008: Launch of Facebook Chat. - July 2008: Launch of the new Facebook and Facebook iPhone app. - February 2009: Introduction of the Like button. - March, 2009: Launch of the New Facebook home page. - June

Via Thomas Faltin
Rhonda Tanser's insight:

5. This story is next on the timeline. It is celebrating Facebook's 10th birthday, and includes a timeline of Facebook's important launches.

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Facebook's IPO filing is here: Good summary of key Facebook numbers revealed with their S-1 filing

Facebook's IPO filing is here: Good summary of key Facebook numbers revealed with their S-1 filing | In the beginning...the Creation and Evolution of Facebook | Scoop.it

Finally, Facebook releases long-held company secrets.

 

Financials:

- 2011 Revenue was $3.711 billion vs. $1.974 billion in 2011.

- 2011 net income (taxed): $1 billion vs $606 million in 2010.

- Annual revenue grew 154% from 2009 to 2010 and 88% from 2010 to 2011.

- Cash on hand: $3.9 billion

- Raising: $5 billion

- Ad revenue in 2011: $3.2 billion over $1.9 billion for 2010. There was a 42% increase in ads delivered in 2011. There was an 18% increase in price of ads 2011.

- Revenue mix: 2011 85% was advertising. 2010 95% was advertising. 2009 100% advertising.

- Payments revenue in 2011: $557 million up from $106 million in 2010.

- Zynga is 12% of Facebook's business.

Facebook lists innovation from Google, Microsoft, and Twitter as risk factors.

Why increasing ad rates: "improvements in ability to deliver more relevant ads. Product changes to deliver higher interaction."

 

Quick Take: 88% overall growth y/y is not as impressive as we'd like. 500% growth in payments is very impressive, however. So is increasing the price of ads 18% while increasing ads sold 42%.

 

USER NUMBERS:

845 million users (monthly) 483 million daily – daily is up 43%.

More than 425 million mobile users in December.

Facebook mobile app is most downloaded app on all smartphones.

Quick Take: Those are STUNNING daily numbers.

 

SEXY STUFF:

Mark Zuckerberg owns 28.4% of Facebook. He's worth $25bn+.

Zuckerberg spent $800,000 on airplanes last year.

Dustin Moskovitz, cofounder, owns 7%.

Between her stock, options, unexcercised options, and restricted stock units, Sheryl Sandberg SEEMS to be worth about $2 billion. The math is a little unclear since we don't know if RSUs convert to stock on a 1 to 1 ratio.

Peter Thiel's stake is worth $2.2 billion

Jim Breyer (Accel Partners) has a stake worth around $10 billion.

 


Via myriam
Rhonda Tanser's insight:

7. This is also quite interesting as it explains a few facts and figures regarding Facebook's rise to success, including it's finance facts and user numbers.

 

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myriam's comment, February 1, 2012 7:42 PM
Merci Guillaume !
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The Ultimate History Of Facebook [Infographic]

The Ultimate History Of Facebook [Infographic] | In the beginning...the Creation and Evolution of Facebook | Scoop.it
We've heard many stories about how Facebook became the largest social networking service online. Could this be the ultimate history of Facebook?

Via Carla Gentry CSPO
Rhonda Tanser's insight:

10. This is another great visiual breakdown of Facebook's history from day one. It is even more detailed than the previous article.

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Carla Gentry CSPO's curator insight, February 23, 2013 8:14 AM

The ultimate history of Facebook has a whole lot of information that we haven’t been told before, or at least I am sure it does. Heck, we’re all creating history with our own timelines right now, on Facebook. The most comprehensive history of Facebook might be a freshly presented infographic called, well, The Ultimate History Of Facebook, by MyLife. It may very well fill in some blanks that the movie didn’t really cover.

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The Evolution of the Facebook Profile [PICS]

The Evolution of the Facebook Profile [PICS] | In the beginning...the Creation and Evolution of Facebook | Scoop.it
In the spirit of the profile redesign, we've compiled a gallery that charts the evolution of the ubiquitous profile, from its humble beginnings as "The Facebook" in 2005 to the profile timeline introduced today, in 2011.

...


Via Dr. Susan Bainbridge
Rhonda Tanser's insight:

12. An interesting article on the many designs of the Facebook profile, including the addition of the Facebook profile timeline.

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Rescooped by Rhonda Tanser from Mastering Facebook, Google+, Twitter
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Infographic: The concise history of Facebook | SMI

Infographic: The concise history of Facebook | SMI | In the beginning...the Creation and Evolution of Facebook | Scoop.it

Want 7220 pixels length worth of Facebook facts? Here you go.


Via massimo facchinetti
Rhonda Tanser's insight:

13. An interesting look into some facts and figures of Facebook.

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Rescooped by Rhonda Tanser from Mastering Facebook, Google+, Twitter
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Facebook + Instagram Is Official, Now What? Founders Will Likely ...

Facebook + Instagram Is Official, Now What? Founders Will Likely ... | In the beginning...the Creation and Evolution of Facebook | Scoop.it
Facebook's purchase of Instagram finally closed today, and here's what we think happens next. Instagram's founders will work at Facebook for a while but some of their team may soon leave for another startup adventure.

Via massimo facchinetti
Rhonda Tanser's insight:

14. Facebook users can now combine their Instagram accounts and can upload photos onto both apps. With Facebook now owning two of the most popular apps in Social Media, what could possibly be next?

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Facebook Buys Messaging App for $19 Billion in Blockbuster Deal

Facebook Buys Messaging App for $19 Billion in Blockbuster Deal | In the beginning...the Creation and Evolution of Facebook | Scoop.it
Put the Snapchat co-founders on suicide watch: Facebook is buying WhatsApp, a smartphone messaging service that's enormously popular around the world, for $16 billion, plus $3 billion in restricted stock units for employees, making it one of the biggest tech deals in history.

Via Eric Chuan
Rhonda Tanser's insight:

16. Facebook also now owns WhatsApp, the new messaging service for iphones.

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Social Demographics: Who Uses Facebook, Tumblr, Twitter, Pinterest & Instagram? [INFOGRAPHIC] - hypebot

Social Demographics: Who Uses Facebook, Tumblr, Twitter, Pinterest & Instagram? [INFOGRAPHIC] - hypebot | In the beginning...the Creation and Evolution of Facebook | Scoop.it
A recent update of the Pew Research Centre's ongoing study of who uses social media offered insights into Facebook, Twitter, Tumblr, Pinterest and Instagram.
Rhonda Tanser's insight:

17. An interesting insight into a study of WHO uses Facebook. It includes specific demographics of users. ,eg age, gender etc.

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Facebook Co-Founder Chris Hughes: User Feedback Is Everything

Facebook Co-Founder Chris Hughes: User Feedback Is Everything | In the beginning...the Creation and Evolution of Facebook | Scoop.it
The co-founder of Facebook and editor-in-chief of The New Republic pays attention to how users are responding to a product, and then tweaks accordingly.

Via Skip Boykin
Rhonda Tanser's insight:

2. Number 2 on the list is a story on a co-founder of Facebook, Chris Hughes. Hughes explains how the initial Facebook setup wasn't what users wanted. His story is also an important link to the Facebook storyline.

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Facebook's 9th birthday: Milestones in the history of the social networking king - IBNLive

Facebook's 9th birthday: Milestones in the history of the social networking king - IBNLive | In the beginning...the Creation and Evolution of Facebook | Scoop.it
IBNLive
Facebook's 9th birthday: Milestones in the history of the social networking king
IBNLive
September 2004: Facebook introduces the Wall, which allows people to write personal musings and other tidbits on profile pages.

Via Manlio Mannozzi
Rhonda Tanser's insight:

4. This article was written for Facebook's 9th birthday in 2013 and reveals it's success with a timeline. 

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Philippe Trebaul's curator insight, February 4, 2013 8:27 AM
9ème anniversaire de Facebook: Faits marquants dans l'histoire du roi de réseautage social - IBNLive.

 

De ibnlive.in.com - Aujourd'hui, 11:47 AM

 

IBNLive 
"9ème anniversaire de Facebook: Faits marquants dans l'histoire de la mise en réseau sociale roi 
IBNLive 
Septembre 2004: Facebook introduit le mur, ce qui permet aux gens d'écrire réflexions personnelles et autres mets sur les pages de profil".


Facebook's 9th birthday: Milestones in the history of the social networking king - IBNLive | @scoopit via @manliomannozzi http://sco.lt/...

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Five things about Facebook at 10 - The Globe and Mail

Five things about Facebook at 10 - The Globe and Mail | In the beginning...the Creation and Evolution of Facebook | Scoop.it

After drunken pictures of your room mates, the feature most associated with Facebook is the “Like” button. But it wasn’t introduced until the social network hit its five-year anniversary in February, 2009. As of December, 2013, users hit the “Like” button 6 billion times a day, on average. Just imagine how many times Facebook’s 1.23 billion users would hit “Dislike” if they could. 


Via jean lievens
Rhonda Tanser's insight:

6. This article is really quite interesting due to the fact that it includes five facts about Facebook that you wouldn't normally think about.

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Facebook: Becoming The World's Connection Company | SeekingAlpha.com

Facebook: Becoming The World's Connection Company | SeekingAlpha.com | In the beginning...the Creation and Evolution of Facebook | Scoop.it

A lot has been said about the Facebook (FB) acquisition of WhatsApp. In my view, it marks a turning point in the industry. Facebook acknowledges that other means of connecting are very appealing, mainly to young folks, and it is willing to pay a hefty sum to acquire those services.

 

Facebook has spent $20B in the past two years on acquiring services that seemed to threaten Facebook itself. The first one was Instagram, which had about 100M users when acquired and which was used to share a massive number of photos outside of Facebook's reach. In June 2013, 16 billion photos were shared on Instagram, making it the largest photo sharing service in the world. The other acquisition was the recently announced WhatsApp acquisition. Why does Facebook keep buying companies with very large user bases that are hardly monetized? Well, before we speculate about Facebook's strategy, let's examine Facebook's own monetization.

 

Click headline to read more--

 


Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
Rhonda Tanser's insight:

8. This article describes Facebook's and Instagram's ever growing popularity.

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A Visual Timeline On The History of Facebook

A Visual Timeline On The History of Facebook | In the beginning...the Creation and Evolution of Facebook | Scoop.it

Via Tom D'Amico (@TDOttawa)
Rhonda Tanser's insight:

9. This is a great detailed visual breakdown of Facebook's yearly timeline since it'slaunch in 2004.

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The Evolution of #Facebook [INFOGRAPHIC]

The Evolution of #Facebook [INFOGRAPHIC] | In the beginning...the Creation and Evolution of Facebook | Scoop.it
 

I am a huge advocate of Social Media in general and I believe Facebook plays a huge role in what social media has evolved into.   People tend to go on and on about how they hate Facebook...

Via Rami Kantari
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11. A detailed desciption on the evolution of Facebook and how it has huge importance in the social media industry.

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Why Facebook Bought Oculus Rift for $2 Billion | MIT Technology Review

Why Facebook Bought Oculus Rift for $2 Billion | MIT Technology Review | In the beginning...the Creation and Evolution of Facebook | Scoop.it

Facebook moved quickly to acquire Oculus VR—creator of the forthcoming Oculus Rift virtual reality headset—for approximately $2 billion. Discussions between the two companies opened less than two weeks ago, according to Oculus VR’s CEO Brendan Irebe. “We locked ourselves in the Facebook HQ and just got the deal done really fast,” Irebe told the Wall Street Journal. “We don’t want to disrupt the team and go through months of negotiations.”

 

Facebook’s founder and CEO Mark Zuckerberg reportedly instigated the deal. “Strategically we want to start building the next major computing platform that will come after mobile,” he said on a conference call on Tuesday night. Zuckerberg sees the acquisition as part of Facebook’s mission to build the so-called knowledge economy. “There are not many things that are candidates to be the next major computing platform,” he said. “[This acquisition is a] long-term bet on the future of computing.”

 

Zuckerberg described his first time using the VR headset as revelatory: “When you put on the goggles, it’s different from anything I have ever experienced in my life,” he said.

 

The headset, designed by 21-year-old Palmer Luckey, has been available as a developer kit since March 2013. So far it’s primarily been used for video games (see “Can Oculus Rift Turn Virtual Wonder into Commercial Reality?”). John Carmack, co-creator of the seminal 3-D video game Doom, joined Oculus VR in August; many enthusiasts and independent game makers have already released games and demos for the hardware. This has happened even though the company hasn’t announced a launch date for a commercial version of the hardware. At this point the device isn’t expected to be released any earlier than the end of this year.

 

Facebook views the technology as more than a peripheral for video games. “Immersive virtual and augmented reality will become a part of people’s everyday life,” Zuckerberg said. “History suggests there will be more platforms to come, and whoever builds and defines these,” he said, will shape the future and reap the benefits.

 

Asked on the investor call why the time is right for mass-market virtual reality, Zuckerberg cited the low cost of the necessary components. “One of the things driving this is that people can reuse components mass-produced for phones that can render a world quickly enough to not make a person feel motion sickness,” he said. “You need to render everything in a virtual world within 15 milliseconds, otherwise it’s too jarring and doesn’t feel real. For the first time, we are able to do that.”

 

Click headline to read more--

 


Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
Rhonda Tanser's insight:

15. Not only has Facebook purchased Instagram, it has also purchased a virtual reality headset, and is set to be the next big thing in gaming.

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Jason Deegan's curator insight, March 14, 2015 7:52 PM

At first, people thought that when facebook bought the Oculus Rift, they would put all ads on it and create not just a great new viewing experience, but an ad mayhem projecting to our eyes.

benjamin costello's curator insight, May 20, 2015 7:25 PM

This could be the embodiment of digital history. There is no telling where this could lead us. The oculus Rift is set to be made for video games and their developers but education should be in on it too. Rather than educational video games, virtual reality could make it possible to relive history. Whether that's good or bad, who knows?

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Study: Why Do People Use Facebook? 1) the need to belong 2) the need for self-presentation

Study: Why Do People Use Facebook? 1) the need to belong 2) the need for self-presentation | In the beginning...the Creation and Evolution of Facebook | Scoop.it

A new study entitled "Why do people use Facebook?" from Boston University's Ashwini Nadkarni and Stefan G. Hofmann proposes that the social network meets two primary human needs: (1) the need to belong and (2) the need for self-presentation. The study also acknowledges demographic and cultural factors as they relate to the belonging need, and the variation of personality types on Facebook usage.


Via The New Company
Rhonda Tanser's insight:

18. I've always wondered WHY people use Facebook, especially when it's so easy to become addicted to it. This article explains how their study has discovered the psychological reasons why.

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The biggest brands,sports stars and media companies on Facebook [stats]

The biggest brands,sports stars and media companies on Facebook [stats] | In the beginning...the Creation and Evolution of Facebook | Scoop.it

A look at some of the biggest sports stars, celebrities, brands and media companies on facebook by stats and user numbers...


Via massimo facchinetti
Rhonda Tanser's insight:

19. I never realised how broad of a range the users of Facebook are. This article includes statistics of the biggest brands, sportstars and media companies that use Facebook to increase their popularity.

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How Are Healthcare Professionals Using Social Media? [INFOGRAPHIC] - AllTwitter

How Are Healthcare Professionals Using Social Media? [INFOGRAPHIC] - AllTwitter | In the beginning...the Creation and Evolution of Facebook | Scoop.it

Did you know that a recent study of 1,229 U.S. hospitals revealed that 814 had Twitter accounts?

 

That sounds pretty impressive, but it placed Twitter just third in the survey amongst the major social networks. Surprisingly, Foursquare (946 accounts) bagged the second spot, with Facebook (1068 Pages) comfortably leading the way.

 

The evolution of social media amongst healthcare professionals has been driven by a greater need for transparency, and a 2012 consumer poll revealed that 54 percent of patients are comfortable with their medical providers seeking advice from online communities to help better treat their conditions. Less than one in ten stated that they were “very uncomfortable” with the idea.

 

This, and other data, can be found in this infographic which takes a closer look at how healthcare pros are using social media.


Via Brian Yanish - MarketingHits.com
Rhonda Tanser's insight:

20. This survey reveals just how popular Facebook is amongst healthcare professionals, and how they use social media to seek advice on patients.

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