The Start of Facebook

So how did Facebook begin?




Facebook was created by a man called Mark Zuckerberg while he was studying at Harvard University. He had previously made other social network sites such as 'Facemash' and 'Coursematch'.Facebook originally named 'The Facebook', was created so that students of Harvard could socialize with each other. Over it had over 1,200 people using it and many other colleges began to use it.


Mark Zuckerberg began to bring in offers for shares of the company. They got an offer from Microsoft of $250 million for 1.6% of the company but it was rejected. Mark was determined that Facebook could and would be worth more than that.


Mark at first was a co-owner of facebook with two other guys, Sean Parker and Eduardo Saverin. Eduardo disliked Sean and as he lived far from the headquarters of the company he was soon kicked out of the company. Sean Parker was also kicked out later on for being accused of being in the possession of drugs.


Facebook decided to bring in a number of new additions to facebook which had positive and negative effects for the publicity of facebook. 'Tagging' was huge feature for facebook as it made photos more personal and had a positive affect overall. 'Newsfeed' had a huge negative affect for facebook as it made people feel that their was a lack of privacy on their accounts.