Facebook: The journey from scratch

Updated: February 01, 2012 19:13 IST

It will likely take until May for Facebook stock actually to begin trading on a stock exchange. It is not yet clear which exchange Facebook will trade on.

Facebook: The journey from scratch
Facebook's IPO has generated a lot of interest with many terming it as the most talked-about initial public offering since Google in 2004.

The firm is a name to reckon with in the social network community. Here is a look at the timeline of events since Facebook was founded.
Facebook: The journey from scratch
Mark Zuckerberg and co-founders Dustin Moskovitz, Chris Hughes and Eduardo Saverin launch Facebook from their Harvard dorm room in February 2004.

Facebook expands from Harvard to Stanford, Columbia and Yale in March.

Facebook moved its base of operations to Palo Alto, Calif in June the same year.

In September, Groups application was added; the Wall was also added as a profile feature. Facebook reached nearly 1 million active users in December 2004.
Facebook: The journey from scratch
In May 2005, Facebook raised $12.7 million in venture capital from Accel Partners and supported more than 800 college networks.

In August 2005, the company officially changed its name to Facebook from thefacebook.com. In September 2005, Facebook expanded to add high school networks.

Photos were added as an application and FB begins to add international school networks in October. In December 2005, Facebook reached more than 5.5 million active users.
Facebook: The journey from scratch
In April 2006, Facebook raised $27.5 million from Greylock Partners, Meritech Capital Partners and others. In May, Facebook expands to add work networks.

Facebook development platform was launched in August. Notes application was also introduced. Facebook and Microsoft formed strategic relationship for banner ad syndication in the same month.

In September, News Feed and Mini-Feed were introduced with additional privacy controls. Also Facebook expanded registration enabling anyone to join the site.

In November, share feature was added on Facebook, simultaneously launched on over 20 partner sites. During the last month, Facebook reached more than 12 million active users.
Facebook: The journey from scratch
In February 2007, the firm launched Virtual gift shop as a feature. Facebook reached over 2 million active Canadian users and 1 million active UK users in March.

Facebook reached 20 million active users and added site design upadtes and network portals as features in April.

In May, Facebook launched Marketplace application for classified listingsand hosted F8 event to launch Facebook Platform. Facebook Platform was launched with 65 developer partners and over 85 applications. In July, Facebook bought startup Parakey.

In October, Facebook reached over 50 million active users. Facebook also launched Facebook Platform for Mobile. Facebook and Microsoft expand advertising deal to cover international markets; Microsoft takes a $240 million equity stake in Facebook.

Facebook launched Facebook Ads in November 2007.
Facebook: The journey from scratch
In January 2008, Facebook co-sponsors were involved in Presidential Debates with ABC News.

In February 2008, Facebook launches in Spanish and French.

Facebook updates privacy controls to include Friend List privacy in March and also takes to German language.

In April, the firm launched Facebook Chat. Facebook releases Translation application to 21 additional languages. In August, Facebook reached over 100 million active users.

During the last month, Facebook Connect became generally available.
Facebook: The journey from scratch
Facebook reaches over 150 million active users in January 2009. The number went to over 175 million in February. Facebook joined OpenID board and “Like” feature added was also added in the same month.

In April, Facebook reached over 200 million active users. Digital Sky Technologies made a $200-million investment for preferred stock at a $10 billion valuation in May.

In June, Facebook launched Facebook Usernames. Facebook acquired FriendFeed in August 2009.

In September, Facebook reached over 300 million active users. In December 2009, Facebook reached over 350 million active users.
Facebook: The journey from scratch
In February 2010, Facebook reached over 400 million active users. In July, Facebook launched beta of Questions.

Facebook reaches over 500 million active users in the same month. In August, Facebook launched Places.
Facebook: The journey from scratch
In July 2011, Facebook reached over 750 million active users.
Facebook: The journey from scratch
In early trade, stocks of Facebook's peers were trading mostly higher. Stock of Google was trading at $580.58 a rise of 0.08%.

Apple's stock was also trading at $456.66 with modest gains of 0.04%.

Stock of Microsoft Corp was trading at $29.98.

Stock of Groupon was trading with big gains of 3.34% at $21.09. LinkedIn stock was the only exception falling 0.83% to $71.73.

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