Facebook History Timeline

 
     
2003
October 28th  
Mark Zuckerberg releases Facemash, described as the Harvard version of Hot or Not. Zuckerberg gains a negative reputaiton around the Harvard campus.  

 
   
   
2004
  January 11th
  Mark Zuckerberg registeres thefacebook.com domain name and begins coding the website.
 
   
2004
  February 4th
  Harvard students Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz and Chris Hughes found what was then called "Thefacebook". It was the first student only social network platform. They form Thefacebook.com LLC, a partnership.
 
2004
June  
Peter Theil, a venture capitalist, sees a bright future in Facebook and gives the company their first big investment of $500,000. Facebook moves its base of operations to Palo Alto, California  
 
   
   
2004
  August
  Napster founder, Sean Parker, becomes the president of Facebook. He is also repsonsible for changing the name from "Thefacebook" to just "Facebook"
 
2004
September  

Cameron and Tyler Winkelvoss, founders of ConnectU, file a lawsuit against Zuckerberg, claiming he stole the idea for Facebook from them.

 
 
   
2004
December  

Facebook reaches 1,000,000 active users

 
   
   
2005
  March
  Facebook declines an offer from Viacom to buy the site for $75,000,000
2005
May  
Accell Partners invests $13,000,000 into Facebook  
   
   
2005
  December
  Facebook reaches 5,500,000 active users
 
   
2006
  August
  Facebook purchases the domain facebook.com for $200,000
2005
December  
Facebook integrates the ability to upload photos and tag friends  
 
   
   
2006
  A leaked cashflow statement revels Facebook had a net gain of $5.66 million for the 2005 fiscal year.
2006
September  
Facebook opens up registration from students only to anyone who is at least 13 years old and has a vallid email.  
   
   
2006
  September
  Yahoo! is in discussions with Facebook to acquire it for $1,000,000,000
 
2006
December  
Facebook reaches 12,000,000 active users  
 
   
2007
October 24  
Microsoft annouced it had purchased a 1.6% share of Facebook for $240,000,000. The purchase gives Facebook an implied value of $15,000,000,000  
   
   
2007
  December
  Facebook reaches 50,000,000 active users
2008
March  
Facebook hires Google’s Vice President of Global Online Sales, Sheryl Sandberg as their new COO.  
 
   
   
2008
  June
  Facebook settles its lawsuit with ConnectU, which effectively had Facebook acquiring ConnectU for $20,000,000 in cash and $1,200,000 in shares.
 
2008
December  
Facebook reaches 100,000,000 active users  
   
2009
February 9th  
Facebook integrates the like button  
   
   
2009
  September
  Facebook claims it has turned cash flow positive for the first time.
2009
December  
Facebook reaches 200,000,000 active users  
   
   
2010
  December
  Facebook reaches 608,000,000 active users
2011
August 9th  
Facebook Messanger is released on both Android and iOS.  
 
   
   
2011
  December
  Facebook reaches 845,000,000 active users
2012
April  
Facebook acquires Instagram for $1,000,000,000  
   
   
2012
  May
  Facebook goes public. With an initial sahre price of $38 valuing the company at $104,000,000,000. This is the largest valuation to date for a newly listed public company.
 
2012
December  
Facebook reaches 1,056,000,000 active users and an annual revenue of $5,090,000,000 for 2012  
   
   
2013
  November 13
  Facebook makes on offer of $3,000,000,000 to acquire Snapchat but is turned down.
2013
December  
Facebook reaches 1,228,000,000 active users and an annual revenue of $7,872,000,000 for 2013  
   
   
2014
  February 19th
  Facebook acquires WhatsApp for $16,000,000,000
 
2014
December  
Facebook reaches 1,393,000,000 active users and an annual revenue of $12,466,000,000 for 2014  
   
2015
December  
Facebook reaches 1,591,000,000 active users and an annual revenue of $17,928,000,000 for 2015  
   
   
2016
  August
  Facebook stock reaches $125 per share
 
2016
August  
Facebook reaches 1,721,000,000 active users