Interesting Facts About Facebook

Facebook is growing at a rapid rate, signing up around 100 000 new members per day. Here are some interesting facts about the popular social networking website.

Early Days
  • Facebook was started in February 2004
  • In the beginning, the membership was restricted to students of Harvard University. It was subsequently expanded to other Boston area schools, Stanford, and all Ivy League schools within two months
  • On August 23, 2005, Aboutface Corporation sold the domain name to Facebook for $200,000
  • The name of the site refers to the paper facebooks depicting members of the campus community that US colleges and preparatory schools give to incoming students, faculty, and staff.
  • The website is built on PHP-MySQL and is the second most-trafficked PHP site in the world

Basic Facts
  • Facebook has over 300 employees
  • The website has 31 Million active users
  • More than 100,000 new registrations per day since Jan. 2007
  • An average of 3 percent weekly growth since Jan. 2007
  • Active users have doubled since Facebook expanded registration in Sept. 2006
  • The site receives over 15 billion page views per month
  • It currently hosts over 1.7 Billion photos

Facebook finances
  • Facebook received ‘three rounds’ of funding : $500,000 from Peter Thiel in the Summer 2004, $12.7 million from Accel Partners in April 2005 and $25 million from Greylock Partners
  • In April 2006, revenue was rumored to be over $1.5 million per week
  • The company already rejected a $975 million offer for the site
  • Peter Thiel, a board member of Facebook, indicated that Facebook’s internal valuation is around $8 billion based on their projected revenues of $1 billion by 2015


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