Facebook – Wiring The World Together1 min readReading Time: 2 minutes
One of the first huge social media platforms on which we diligently answered the question “What’s on your mind?” now has 1.84 Billion Daily Active Users (DAU), crossing $84 Billion in revenue in the year ended December 2020.
From internet.org envisioning “Internet for all” to building the future of AR and VR, it has no intentions of slowing down.
A Walk Down the Lane
Mark Zuckerburg and cofounders Dustin Moskovitz, Chris Hughes and Eduardo Saverin launched Facebook in 2004 for Harvard students only. Little did they know what a phenomenon it would become. The platform then gradually opened up to more colleges, high schools and then the world.
Whilst features like the Wall, News Feed, Like Button, the Timeline & the Marketplace charmed more users and investors, billion Dollar acquisitions of Instagram and Whatsapp made headlines.
Facebook hit the public markets in 2012 with a stellar $104 Billion valuation and has only been thriving ever since.
Here’s a snapshot of its latest performance
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