Facebook Turns 10: How It Evolved From The Dorm Room To The Boardroom


Facebook

Facebook celebrates its 10th anniversary today, and got its start in 2004 in a Harvard dorm room by none other than CEO Mark Zuckerberg.

Originally called “thefacebook,” the social network hit one million users by December 2004.

In August 2005, “the” was dropped, and Facebook bought facebook.com for $200,000. Just four months later, users totaled six million.

In September 2006, the News Feed launched, and in December Facebook announced it had doubled users over the past year to 12 million.

To make it more business friendly, Pages and ads were launched in November 2007, and with 58 million users by the end of 2007, the social network really started to take off.

Users topped 145 million in 2008, and in April of that year, Facebook Chat was launched.

In March 2009, Facebook saw a major redesign, which included the recently introduced “like” button, and moved its headquarters to a new office in Palo Alto.

Users increased from 360 million in December 2009 to 608 million in December 2010, and users saw the introduction of Places.

In September 2011, Timeline was introduced, and the social network saw 845 million users.

Here’s some other interesting tidbits leading up to today:

  • February 2012: Facebook files for its IPO
  • April 2012: Facebook acquires Instagram for $1 billion
  • May 2012: Facebook launches on the NASDAQ stock exchange
  • October 2012: Facebook hits one billion users
  • April 2013: Facebook begins work on $1.5 billion Iowa data center
  • July 2013: Facebook rolls out Graph Search to all English speaking users
  • January 2014: Facebook posts record revenue, hits 1.23 billion monthly active users

To celebrate its 10th anniversary, Facebook also launched a tool that lets you create a montage video of your time on the site.


Mike Stenger

Lover of technology, Mike often makes jokes that nobody laughs at.

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