Mukesh Godha
20, Mark Zuckerberg created Facebook. 26 years old, he was Time magazine named “ Person of the Year 2010.” Recently, Facebook is valued more than $ 80 billion. History of Facebook is not about a character virtue ambition to conquer the world, which is about a young computer enthusiasts, and somewhat shy. Mark Zuckerberg, born on 14/05/1984 in New York. Dated 28/10/2003, Zuckerberg is 19 years old, and is a second year student at Harvard University, has created pages Facemash, the forerunner of Facebook, from these data is the picture of student records Harvard. Main Zuckerberg was with the roommate and classmate, breaking into the network profile of Harvard University and the theft of photographs that record. Facemash quickly attracted 22,000 visitors with 450 pictures in just the first 4 hours online. But the management of Harvard University and has closed Facemash Zuckerberg accused of security breaches, information security field, invasion of privacy … . Zuckerberg continues to expand the project to 2/4/2004, he released “ Thefacebook” the domain name thefacebook.com. August 2005, Zuckerberg drop the word “ the” in the name and the URL of Facebook, after buying the domain name facebook. com for $ 200,000. Scrambling to invest in Facebook Facebook received the first $ 500,000 investment in 6 / 2004 from Peter Thiel, PayPal co-founder. Peter Thiel is Facebook’ s first bank and $ 500,000 investments that helped create “ Facebook phenomenon” today. Only a year later, Facebook received further investment from 12.7 million in venture
capital funds and ACCEL Partners continue to receive 27.5 million from Greylock Partners. Facebook had been rumored to be acquired. Yahoo, Google has also proposed acquisition of Facebook for $ 1 billion. However, Zuckerberg has confirmed the sale of Facebook is “ impossible” because he wants to keep Facebook independent and not merged or moved to any one company. September 2007, Microsoft set out a plan to invest in Facebook. Also this time, other companies, including Google, also expressed his desire to purchase a portion Facebook. Finally, Facebook has chosen Microsoft. On 24/10/2007, Microsoft claims to buy 1.6% stake in Facebook for $ 240 million , giving Facebook a market value of about $ 15 billion. With this deal, Microsoft also bought the right to always put the international advertising on Facebook. 11/2007, Hong Kong billionaire Li Ka-shing invested $ 60 million back into Facebook. Today, billionaire Mark Zuckerberg is one of the world. According to Wikipedia, Facebook’ s revenue in 2006 reached 52 million USD in 2007 reached $ 150 million, in 2008 reached $ 280 million, in 2009 reached $ 800 million and in 2010 was estimated at $ 1.1 billion. Indeed, the financial figures of Facebook has always been hidden from the company, this is normal for a private company. Although not officially on the stock market, but Facebook’ s stock has traded in the market. The deals and investments have recently priced up to $ 50 billion for Facebook , even $ 85 billion.
Rich through advertising and virtual goods How does Facebook make money that “ rich” so quickly, while users are free to use Facebook. According to the documents under analysis as well as world press, Facebook’ s revenue comes from advertising and virtual goods. Ad brought most revenue for Facebook. This is a business model of many popular websites in the world, and also the big secret behind the burgeoning revenue rise in fortune of Facebook. If open Facebook profile, users will see the right hand side of the page is the ad box. Microsoft used to be the exclusive advertising partner for Facebook after the investment of $ 240 million in 2007.
However, this has ended on 01/01/2010. The amount of personal data whose members shared freely on the main page is a source of “ opium” that Facebook may be valuable to “ seduce” the advertisers. Advertisers will purchase banner space based on records
and preferences of the user. For example, if on file, users say that they are a fan of the Nike brand sports or other related ads on the website, the company selling sports will appear on your right. Such is the difference between advertising on Facebook and Google ads. Facebook targeted advertising directly to potential customers, and useful to users. A further strength of advertising on Facebook that Facebook is very wise to put a simple banner ad on the right column of the page. If you look, will see the column to show only a maximum of 4 banner ads, which are small images next to each other, rather than the banner ads and flashing large as on most other pages. Therefore, Facebook users favorite cause. Moreover, users can also tell Facebook about the ads they found objectionable or duplication. These are strengths to Facebook and search advertising to attract a lot of money. At this point, Facebook is considered very intelligent. In addition to advertising, Facebook also has revenue from virtual goods. Previously, Facebook virtual gifts service (Facebook Gift). For example, a user wants a birthday gift for a friend, they will on Facebook Gift to select gifts and gift. This is a service that takes real money, and time trend of virtual gifts have been very “ hot.” Only appeared in February 2007, but the end of 2007, Facebook has grossed $ 24 million revenue from this service. However, virtual gifts service was terminated in about August of 2010, as “ Facebook focuses on the development of other features.” Revenue from Facebook’ s virtual goods come from the applications on Facebook. Take, for example to Farmville, a very popular application on Facebook. This application is free to users, and is the parent company of Farmville Zynga is attracting a lot of traffic. In other words, Facebook is providing a platform for game companies like Zynga, and as such Facebook and make money from it. Many people believe that the history of Facebook is only the beginning of a revolution in the real world. Facebook has become so popular that the psychologist has discovered a new type of mental illness is a Facebook Addiction Disorder (FAD)
capital funds and ACCEL Partners continue to receive 27.5 million from Greylock Partners. Facebook had been rumored to be acquired. Yahoo, Google has also proposed acquisition of Facebook for $ 1 billion. However, Zuckerberg has confirmed the sale of Facebook is “ impossible” because he wants to keep Facebook independent and not merged or moved to any one company. September 2007, Microsoft set out a plan to invest in Facebook. Also this time, other companies, including Google, also expressed his desire to purchase a portion Facebook. Finally, Facebook has chosen Microsoft. On 24/10/2007, Microsoft claims to buy 1.6% stake in Facebook for $ 240 million , giving Facebook a market value of about $ 15 billion. With this deal, Microsoft also bought the right to always put the international advertising on Facebook. 11/2007, Hong Kong billionaire Li Ka-shing invested $ 60 million back into Facebook. Today, billionaire Mark Zuckerberg is one of the world. According to Wikipedia, Facebook’ s revenue in 2006 reached 52 million USD in 2007 reached $ 150 million, in 2008 reached $ 280 million, in 2009 reached $ 800 million and in 2010 was estimated at $ 1.1 billion. Indeed, the financial figures of Facebook has always been hidden from the company, this is normal for a private company. Although not officially on the stock market, but Facebook’ s stock has traded in the market. The deals and investments have recently priced up to $ 50 billion for Facebook , even $ 85 billion.
Rich through advertising and virtual goods How does Facebook make money that “ rich” so quickly, while users are free to use Facebook. According to the documents under analysis as well as world press, Facebook’ s revenue comes from advertising and virtual goods. Ad brought most revenue for Facebook. This is a business model of many popular websites in the world, and also the big secret behind the burgeoning revenue rise in fortune of Facebook. If open Facebook profile, users will see the right hand side of the page is the ad box. Microsoft used to be the exclusive advertising partner for Facebook after the investment of $ 240 million in 2007.
However, this has ended on 01/01/2010. The amount of personal data whose members shared freely on the main page is a source of “ opium” that Facebook may be valuable to “ seduce” the advertisers. Advertisers will purchase banner space based on records
and preferences of the user. For example, if on file, users say that they are a fan of the Nike brand sports or other related ads on the website, the company selling sports will appear on your right. Such is the difference between advertising on Facebook and Google ads. Facebook targeted advertising directly to potential customers, and useful to users. A further strength of advertising on Facebook that Facebook is very wise to put a simple banner ad on the right column of the page. If you look, will see the column to show only a maximum of 4 banner ads, which are small images next to each other, rather than the banner ads and flashing large as on most other pages. Therefore, Facebook users favorite cause. Moreover, users can also tell Facebook about the ads they found objectionable or duplication. These are strengths to Facebook and search advertising to attract a lot of money. At this point, Facebook is considered very intelligent. In addition to advertising, Facebook also has revenue from virtual goods. Previously, Facebook virtual gifts service (Facebook Gift). For example, a user wants a birthday gift for a friend, they will on Facebook Gift to select gifts and gift. This is a service that takes real money, and time trend of virtual gifts have been very “ hot.” Only appeared in February 2007, but the end of 2007, Facebook has grossed $ 24 million revenue from this service. However, virtual gifts service was terminated in about August of 2010, as “ Facebook focuses on the development of other features.” Revenue from Facebook’ s virtual goods come from the applications on Facebook. Take, for example to Farmville, a very popular application on Facebook. This application is free to users, and is the parent company of Farmville Zynga is attracting a lot of traffic. In other words, Facebook is providing a platform for game companies like Zynga, and as such Facebook and make money from it. Many people believe that the history of Facebook is only the beginning of a revolution in the real world. Facebook has become so popular that the psychologist has discovered a new type of mental illness is a Facebook Addiction Disorder (FAD)
