The Rise Of Facebook

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The Rise Of Facebook An Amazing Story

For most younger generations, it’s hard to imagine what life would be like without social media―most importantly, Facebook. Billions of people use the social network on a daily basis to do everything from chat, play games, share pictures, post status updates, and (for companies) do a lot of advertising. But where did it all actually begin?

Origins of Facebook

The rise of Facebook wouldn’t have been possible without Mark Zuckerburg. While attending Harvard University for Psychology, Mark Zuckerburg―who was an avid programmer―decided to do a little experimenting one night and created a site called Facemash. Facemash, similar to “Hot or Not”, used the Harvard database to populate student pictures for others to compare who was more physically attractive. Needless to say, that didn’t go over well.

Less than 3 months after created Facemash, Mark registered the domain name thefacebook.com and within a month had created a site similar to another social networking site, Friendster. With the help of 4 of his friends and fellow Harvard attendees, Eduardo Saverin, Chris Hughes, Dustin Moskovitz, and Andrew McCollum, facebook received over 1,000 signups from Harvard students within the first 24 hours. By the end of the first month, over half of the Harvard undergraduate student body were registered members.

Facebook Expands For the First Time

To allow thefacebook to grow, Zuckerburg decided to expand the site to more universities―in March of 2004 students from Columbia, Yale, and Stanford were allowed to register on the site. This is around the time that Napster co-founder Sean Parker discovered the site and started giving advice.

Within 2 months, thefacebook expanded to every Ivy League campus in the United States and had over 150,000 registered members.

Facebook Receives First Investment

Sean Parker was added as President around the same time and the core group started the company Facebook, Inc. At this time venture capitalist and co-founder of Paypal Peter Thiel made a half-million dollar investment in the company and received 10.2% of the shares in return.

By the end of that year, Facebook had 1,000,000 profiles.

Rapid Growth and Domination

By 2005, Facebook allowed highschool students to sign up to the social network and began its global expansion. Also in 2005, the company decided to change its domain name from “thefacebook” to “Facebook.com”, the name was purchased for $200,000.

By the end of the year 2005, there were students from over 2,000 different universities registered on the site and 25,000 high schools from across the world including the United States, Canada, Mexico, the UK, Australia, Ireland, and New Zealand.

Additional Cash Injections

By the middle of 2006, another round of income was brought in from investors. After a $12,700,000 investment from Accel Partners the year before, another $27,500,000 was borought in from Meritech Capital and Greylock.

Even though tens of millions were invested, a leaked document still stated that there was a multi-million dollar loss in 2006.

During the year, a few offers were also made to buy out the quickly-growing Facebook. One of the attempting buyers was Yahoo who reportedly tried to purchase Facebook in September for $1 billion. In that same month, Facebook opened its doors to anyone that had an email address as long as they were over 13 years old.

Business Pages Start to Grow And Facebook Rises

By the next year, over 100,000 businesses had registered on Facebook as fan pages. Investments continue to come in as Chinese billionaire Li Ka-Shing invested around $60 million and Microsoft purchased slight more than 1.5% of the company for $240 million.

By 2009 the social network giant surpassed Myspace for traffic for the very first time. Since the middle of 2008, Myspace started to decline in traffic while Facebook started to pick up steam culminating in its takeover and acquisition of FriendFeed in 2009.

As business pages and advertising continued to grow, September of 2009 was the first year that Facebook reported a positive income.

Facebook Buys Out Everyone

By 2010 Facebook had half a billion active users and began to take over the web by buying everyone else out. Octazen Solutions, a company startup known for contact-important was bought out by Facebook in February. By April Facebook bought Divvy-shot (the company party responsible for how Facebook pictures are shared today).

By June 2011, Facebook had formed partnerships with other companies including Skype and Pixable and ends up having a company valuation of over $50 billion.

Facebook Goes Public

In 2012 Facebook made a huge purchase of $1 billion to buy out picture sharing company Instagram. One month later, just before Facebook reached 1 billion active users, the initial public offering was released for Facebook and it officially became public. At $38 per share, the company was valuated at nearly $110 billion and became the highest new IPO the world has ever seen.

Reasons To Dominate Social Networks

 

 

Why you should dominate the social networks

 

 

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If you spend even a couple of hours online a week you will realize just how important social networks are to many people. You may even have a couple of accounts for yourself, perhaps on Twitter or Facebook. Did you know however that social networks are an incredibly important place to be for any business? Let me explain why it is more important than ever to start your domination of the social networks.

First and foremost, it is for reputation purposes. Nowadays, it is hard to get your business trusted by the masses if you don’t have a substantial following on at least the main social networking websites, which means Twitter and Facebook. In fact, more and more people are heading online to check social networks out before deciding to purchase from you. This means that a good reputation on these websites is absolutely vital for making sales, even if you are an offline company.

In addition to this, domination of the social networks can boost your search engine optimization efforts. This is because more and more search engine algorithms are looking at the reputation of a certain website on social networks before deciding to rank them. In addition to this, as your following on the social networks builds up, there is a good chance that people will start to spread your message around in terms of links. Again, going to be boosting the amount of people you have heading to your website by way of the search engines. In short, it is going to be one of the most beneficial things you can do for your SEO.

In addition to this, it provides a vital way for interacting with your customers, cutting down on customer support costs. Although the main benefit of search engine domination is that customers will feel as though your company has a ‘face’ and this makes you easier to trust. Consider this, would you prefer to purchase from an anonymous company or one which interacts with you on a regular basis and is there to answer any questions. It really does feel as though you are purchasing from a ‘human’.

Finally, and perhaps the biggest benefit, a large following through the social networks, particularly of targeted people, means that you will be able to generate a substantial amount of money. Wouldn’t you just love to share your marketing message with people that have shown a willingness to buy from you in the past? Just think of how much business the posting of a single voucher code can generate you. Now imagine if they shared this with their friends and family. Your reputation would shoot up!

Why not start your domination of the social networks today? As you can see, every single day domination of the social networks is becoming increasingly more important. The best way to kick start your domination is by purchasing ‘likes’. This is the best way to boost your reputation and generate even more viewers to your website.

Buy twitter Followers and other social media

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Tollowers.com Provides Everyone a Chance to Buy Twitter Followers

Tollowers, leading company, currently provides everyone a chance to buy twitter followers for their accounts and make it more credible as soon as their followers increase. With this service, anyone who has an online business can establish a good reputation among their target customers.

Tollowers.com provides this service to help their clients meet the needs of their followers. The owners of the company claim that this is great for those who want to end their miseries when it comes to getting more followers and gaining a high traffic.

The service of the company will allow everyone with a business to promote their products and services on social sites through getting more twitter followers than ever before. Everyone is assured that they will have the number of followers that they need in just a short period of time without the risk of spending too much with advertisements.

Aside from twitter followers, the company also provides services which allow everyone to buy Facebook likes, YouTube views as well as Instagram followers. All of these services will provide everyone ease when it comes to establishing their reputation in the online world through having multiple accounts in social media sites. With this company, everyone will be able to meet their social media marketing goals.

It’s easy to buy twitter followers and other social media services

Through the site, everyone who wants to buy twitter followers will be given the chance to boost their online presence in just a short period of time. They can also be able to meet the needs of their potential and existing customers.

Tollowers is a site that provides services for people who want to buy twitter followers, likes for Facebook, views for YouTube and followers on Instagram. A certain business with more followers on social sites like Twitter and Facebook are more likely to receive high rankings, making Tollowers a great help for anyone who is looking for an effective marketing strategy. Anyone who aims to get a high number of followers for their account can rely on all the things which Tollowers has in store.

It is expected that the company will offer more marketing services in the next coming months.

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