Mark Zuckerberg wrote Facemash, the predecessor to Facebook, on October 28, 2003, while attending Harvard as a sophomore. The site represented a Harvard University version of Hot or Not, according to the Harvard Crimson. According to The Harvard Crimson, Facemash “used photos compiled from the online facebooks of nine Houses, placing two next to each other at a time and asking users to choose the ‘hotter’ person.
2003
- October 28, 2003: Mark Zuckerberg releases Facemash, the predecessor to Facebook. It was described as a Harvard University version of Hot or Not.
2004
- January 2004: Zuckerberg begins writing Facebook.
- January 11, 2004: Zuckerberg registers thefacebook.com domain.
- February 4, 2004: Zuckerberg launches Facebook.
- March 2004: Facebook expands to Stanford University, Columbia University, and Yale University.
- April 13, 2004: Zuckerberg, Dustin Moskovitz, and Eduardo Saverin form Thefacebook.com LLC, a partnership.
- June 2004: Facebook receives its first investment, from Peter Thiel, for US$500,000.
- August 2004: To compete with growing campus-only service i2hub, Zuckerberg launches Wirehog. It is aprecursor to Facebook Platform applications.
- Summer 2004: Facebook incorporates into a new company, and Sean Parker (founder of Napster) becomes its president.
- June 2004: Facebook moves its base of operations to Palo Alto, California.
- September 2004: ConnectU files a lawsuit against Zuckerberg and other Facebook founders
2005
- May 26, 2005: Accel Partners invests $13 million into Facebook.
- July 19, 2005: News Corp acquires MySpace, spurring rumors about the possible sale of Facebook to a larger media company.
- August 23, 2005: Facebook acquires Facebook.com domain for $200,000.
- September 2005: Facebook launches a high school version of the website
2006
- 2006: A leaked cash flow statement shows that Facebook had a net loss of $3.63 million for the 2005 fiscal year.
- March 28, 2006: A potential acquisition of Facebook is reportedly under negotiations, for $750 million first, then later $2 billion.
- September 2006: Facebook discusses with Yahoo! about the latter possibly acquiring the former, for $1 billion.
- September 26, 2006: Facebook is open to everyone aged 13 and over, and with a valid email address
2007
- March 9, 2007: Facebook launches a countersuit in regards to Social Butterfly, a project put out by The Winklevoss Chang Group, an alleged partnership between ConnectU and i2hub. It named among the defendants ConnectU, Cameron Winklevoss, Tyler Winklevoss, Divya Narendra, and Wayne Chang, founder of i2hub.
- July 17, 2007: Zuckerberg announces that selling Facebook is unlikely because he wants to keep it independent.
- September 2007: Microsoft approaches Facebook, proposing an investment for a 5% stake in the company for $300–500 million.
- October 24, 2007: Microsoft announces that it purchased a 1.6% share of Facebook for $240 million, a deal that values Facebook at $15 billion.[16]
- November 2007: Hong Kong billionaire Li Ka-shing invests $60 million in Facebook
2008
- June 2008: Facebook settles both lawsuits, ConnectU vs Facebook, Mark Zuckerberg et al. over intellectual property theft, and Facebook vs ConnectU, Wayne Chang et al. over The Winklevoss Chang Group’s Social Butterfly project. The settlement effectively had Facebook acquired ConnectU for $20 million in cash and over 1.2 million in shares, valued at $45 million based on $15 billion company valuation.
- August 2008: Employees reportedly privately sell their shares to venture capital firms, at a company valuation of between $3.75 billion to $5 billion.
- October 2008: Facebook sets up its international headquarters in Dublin, Ireland
2009
- August 2009: Facebook acquires FriendFeed.
- September 2009: Facebook claims that it has turned cash flow positive for the first time
2010
- February 2010: Facebook acquires Malaysian contact-importing startup Octazen Solutions.
- April 2, 2010: Facebook announces the acquisition of photo-sharing service called Divvyshot for an undisclosed amount.
- April 19, 2010: Facebook introduces Community Pages, which are Pages that are populated with articles from Wikipedia.
- April 21, 2010: Facebook introduces Instant Personalization, starting with Microsoft Docs, Yelp, and Pandora.
- June 2010: Facebook employees sell shares of the company on SecondMarket at a company valuation of $11.5 billion.
- September 2010: Facebook receives a letter from Greenpeace containing half a million signatures asking the company to cut its ties to coal based electricity specifically in regards to the Facebook Data center relocation to Prineville, Oregon which obtains power from PacifiCorp.
- October 1, 2010: The Social Network, a film about the beginnings of Facebook directed by David Fincher is released. The film is met with widespread critical acclaim as well as commercial success, however Mark Zuckerberg claims the film to be a largely inaccurate account of what happened.
AND NOW, THIS IS FACEBOOK ... !
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