1. Was this helpful?
  2. productmint.com

    However, its relevance soon began to diminish, leading to the sacking of founder Abrams in 2004. After close to $50 million in raised funding, Friendster was sold to Malaysia-based payments provider MOL for $26.4 million in 2009. MOL decided to rebrand Friendster into a social games portal and sold all of its patents to Facebook for $40 million.
  3. officetimeline.com

    In June 2004, Facebook raised its first venture capital in the form of $500,000 from investor Peter Thiel. This funding, an important support at the right time, was a major factor in Facebook's early expansion and pioneering of new features which both paved the way for its future growth into a global social media giant.
  4. The Facebook IPO is priced at $42, valuing the Menlo Park, Calif.-based company at $114 billion, or roughly eight times it was worth when notable investors first jumped in on the social networking ...
  5. en.wikipedia.org

    Mark Zuckerberg in 2005. The history of Facebook traces its growth from a college networking site to a global social networking service. It was launched as TheFacebook in 2004, and became Facebook in 2005. [1]Founded by Mark Zuckerberg and his college roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes [2] at Harvard University, it was initially limited to Harvard ...
  6. Series A & B Funding. In 2005, Facebook booked another funding round of $12.7 million from Accel Partners, valuing the company at $98 million. This round was considered to be the next step to grow and is called the Series A funding round. Facebook secured its Series B round of funding of $27.5 million from a group of VC investors that included ...
  7. en.wikipedia.org

    Decade Description 1970s-1980s The PLATO system (developed at the University of Illinois and subsequently commercially marketed by Control Data Corporation) offers early forms of social media with Notes, PLATO's message-forum application; TERM-talk, its instant-messaging feature; Talkomatic, perhaps the first online chat room; News Report, a crowd-sourced online newspaper, and blog; and ...
  8. Can’t find what you’re looking for?

    Help us improve DuckDuckGo searches with your feedback

Custom date rangeX