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Facebook's Journey: How It Emerged from Harvard and Became a Global Force



Facebook is a social networking service originally launched as FaceMash on October 28, 2003, before changing its name to TheFacebook on February 4, 2004.[1] It was founded by Mark Zuckerberg and college roommates and fellow Harvard University students, in particular Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.[2] The website's membership was initially limited by the founders to Harvard students, but was expanded to other colleges in the Boston area, the Ivy League,[3] and gradually most universities in the United States and Canada,[4][5] corporations,[6] and by September 2006, to everyone with a valid email address along with an age requirement of being 13 and older.[7][8]


I'm a little intoxicated, not gonna lie. So what if it's not even 10 p.m. and it's a Tuesday night? What? The Kirkland [dorm] facebook is open on my desktop and some of these people have pretty horrendous facebook pics. I almost want to put some of these faces next to pictures of farm animals and have people vote on which is more attractive.[10]




first facebook universities



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".[9] Facemash attracted 450 visitors and 22,000 photo-views in its first four hours online.[12]


A "face book" is a student directory featuring photos and basic information.[12] In 2003, there were no universal online facebooks at Harvard, with only paper sheets distributed[16] and private online directories.[9][17] Zuckerberg told the Crimson that "Everyone's been talking a lot about a universal face book within Harvard. ... I think it's kind of silly that it would take the University a couple of years to get around to it. I can do it better than they can, and I can do it in a week."[17] In January 2004, Zuckerberg began writing code for a new website, known as "TheFacebook", with the inspiration coming from an editorial in the Crimson about Facemash, stating that "It is clear that the technology needed to create a centralized Website is readily available ... the benefits are many." Zuckerberg met with Harvard student Eduardo Saverin, and each of them agreed to invest $1,000 in the site.[10] On February 4, 2004, Zuckerberg launched it under the name of "TheFacebook", originally located at thefacebook.com.[18]


Membership was initially restricted to students of Harvard University. Within the first month, more than half the undergraduate population at Harvard was registered on the service.[22] Zuckerberg was joined in the promotion of the site by Saverin (business aspects), Dustin Moskovitz (programmer), Andrew McCollum (graphic artist), and Chris Hughes. In March 2004, Facebook expanded to Stanford, Columbia, and Yale.[3] This expansion continued when it opened to all Ivy League and Boston-area schools. It gradually reached most universities in the United States and Canada.[23][24][25] Facebook was incorporated in the summer of 2004, and the entrepreneur Sean Parker, who had been informally advising Zuckerberg, became the company's president.[26] In June 2004, Facebook moved its base of operations to Palo Alto, California.[3]


The company dropped 'The' from its name after purchasing the domain name facebook.com in 2005 for $200,000.[27] The following year, the platform was made available for high school students, and in 2006, it became accessible to the general public.


On October 1, 2005, Facebook expanded to twenty-one universities in the United Kingdom and others around the world. Facebook launched a high school version in September 2005, which Zuckerberg called the next logical step.[44] At that time, high school networks required an invitation to join.[45] Facebook later expanded membership eligibility to employees of several companies, including Apple Inc. and Microsoft.[46] On December 11, 2005, universities in Australia and New Zealand were added to the Facebook network, bringing its size to 2,000+ colleges and 25,000+ high schools throughout the United States, Canada, Mexico, the United Kingdom, Australia, New Zealand, and Ireland. Facebook was then opened on September 26, 2006, to everyone aged 13 and older with a valid email address.[7][8]


Facebook was initially incorporated as a Florida LLC. For the first few months after its launch in February 2004, the costs for the website operations for thefacebook.com were paid for by Mark Zuckerberg and Eduardo Saverin, who had taken equity stakes in the company. The website also ran a few advertisements to meet its operating costs.[58]


In the summer of 2004, venture capitalist Peter Thiel made a $500,001 angel investment in the social network Facebook for 10.2% of the company and joined Facebook's board. This was the first outside investment in Facebook.[59][60][61]


Facebook hired Sheryl Sandberg as its Chief Operating Officer in March 2008. Sandberg is reported to have held a number of brainstorming sessions with Facebook employees on their long-term monetization strategy, which led to the conclusion that advertising would be the main source of monetization. Under Sandberg's leadership, Facebook made a number of changes to its advertising model with the aim of achieving profitability. In September 2009, Facebook stated that it had turned cash flow positive for the first time.[80]


Trading in the stock, which began on May 18, was delayed that day due to technical problems with the NASDAQ exchange.[106] The stock struggled to stay above the IPO price for most of the day, forcing underwriters to buy back shares to support the price.[107] At closing bell, shares were valued at $38.23,[108] only $0.23 above the IPO price and down $3.82 from the opening bell value. The opening was widely described by the financial press as a disappointment.[109]The stock nonetheless set a new record for trading volume of an IPO.[110] On May 25, 2012, the stock ended its first full week of trading at $31.91, a 16.5% decline.[111]


At first, social media existed to help end users connect digitally with friends, colleagues, family members, and like-minded individuals they might never have met in person. Desktop access to bulletin board services such as CompuServe and Prodigy made it easier to grow free online communities without ever leaving the house.


Facebook marked the beginning of a social media curve. Yes, Orkut and MySpace existed before, but Facebook was the beginning of sharing live feed, posting on your friends' walls and so much more. According to Statista, Facebook is the most used online social network worldwide, boasting around 2.93 billion users around the globe as of the first quarter, 2022.


Similarly, the respective shares of Americans who report using Instagram, Pinterest, LinkedIn, Snapchat, Twitter and WhatsApp are statistically unchanged since 2019. This represents a broader trend that extends beyond the past two years in which the rapid adoption of most of these sites and apps seen in the last decade has slowed. (This was the first year the Center asked about TikTok via a phone poll and the first time it has surveyed about Nextdoor.)


March 29, 2008CLARKSTON, Wash. - Junior Amy Eneroth tied for first and led the Washington State University women's golf team at the Inland Cup Friday, on the par-71, 5,861-yard Quail Ridge golf course.Despite Eneroth's dominate performance, the Cougars fell to the University of Idaho by one stroke. The Cougars carded a one-day total of 314 compared to Idaho's 313.Eneroth fired a 4-over par 75 to earn her second career tournament victory. Eneroth's win moved her into a tie for third on the career top 25 finishes list with 24. Eneroth's last victory came at the Duck Invitational March 27, 2007.Junior Jessica Black carded a 79 to finish tied for fifth. Black earned her second top 10 finish of the season and the fourth of her career.Freshman Allison Travis, playing as an individual, also finished tied for fifth and earned her career best finish and first top 10.Senior Brooke Henderson and sophomores Haley Parsons, Mandy Parsons and Diana Hong all shot 80 and finished tied for seventh. Senior Tracy Broders carded an 81 to round out the Cougar contingent.The women are back in action March 31-April 1 at the Regional Preview at Lincoln, Calif.WSU Results: T1. Amy Eneroth (37-38--75, +4); T5. Jessica Black (38-41--79, +8); *T5. Allison Travis (39-40--79, +8); T7. Brooke Henderson (37-43--80, +9); T7. *Haley Parsons (39-41--80, +9); *T7 Mandy Parsons (39-41--80, +9); T7. Diana Hong (42-38--80, +9); 11. Tracy Broders (37-44--81, +10) (* represents playing as an individual).The Field: 1. Idaho 313; 2. Washington State 314.Top Five Individuals: T1. Amy Eneroth, Washington State (37-38--75, +4); T1. Kelly Nakashima, Idaho (37-38--75, +4); 3. Amanda Jones, Idaho (40-37--77, +6); 4. Rene Skidmore, Idaho (38-40--78, +7); T5. Jessica Black (38-41--79, +8); T5. Allison Travis (39-40--70, +8). Print Friendly Version Players Mentioned Haley Parsons 5' 6" Redshirt Players Mentioned Haley Parsons 5' 6" Redshirt if (document.getElementsByTagName("html")[0].classList.contains('postgame_3')) var players_mentioned_el = document.getElementById("postgame_1-2_mentioned-players"); if (players_mentioned_el !== null) players_mentioned_el.remove(); else var players_mentioned_el = document.getElementById("postgame_3_mentioned-players"); if (players_mentioned_el !== null) players_mentioned_el.remove(); var obj = "start":0,"count":10,"name":"story-template-boilerplate","sport_id":null,"count_breakpoints":null,"css_class":"","pinned_id":"","extra":,"context":null,"dummy":false,"type":"ads","id":"7f1339ec-e440-4387-966a-1636895d8ab3","data":"location":"id":0,"title":null,"type":null,"effect":null,"fixed_image_sizes":false,"excluded_sport_ids":null,"slick":false,"dfp":false,"sidearm_dfp":false,"common_page":false,"html_template":null,"name":null,"autoplay_speed":0,"accessibility_icons":false,"sizes":null,"slick_options":null,"dfp_sizes":null,"campaigns":[],"content_id":null,"content_title":null,"content_date":null,"content_url":null,"content_image_url":null,"mode":"web"; if (!("sidearmComponents" in window)) window.sidearmComponents = []; window.sidearmComponents.push(obj); Related Story Content var obj = "start":0,"count":10,"name":"story-template-general-1-1","sport_id":null,"count_breakpoints":null,"css_class":"","pinned_id":"","extra":,"context":null,"dummy":false,"type":"ads","id":"cca17539-07f3-4d48-8d93-c4ef8fcd663f","data":"location":"id":0,"title":null,"type":null,"effect":null,"fixed_image_sizes":false,"excluded_sport_ids":null,"slick":false,"dfp":false,"sidearm_dfp":false,"common_page":false,"html_template":null,"name":null,"autoplay_speed":0,"accessibility_icons":false,"sizes":null,"slick_options":null,"dfp_sizes":null,"campaigns":[],"content_id":null,"content_title":null,"content_date":null,"content_url":null,"content_image_url":null,"mode":"web"; if (!("sidearmComponents" in window)) window.sidearmComponents = []; window.sidearmComponents.push(obj); Story Links Related Videos Now Playing: Play Video 2ff7e9595c


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