List of acquisitions by Facebook. From Wikipedia, the free encyclopedia Most of Meta's acquisitions have primarily been "talent acquisitions" and acquired products are often shut-down. In 2009, Meta (as Facebook) CEO Mark Zuckerberg posted a question on Quora, titled "What startups would be good acquisitions for Facebook? ", receiving 79 answers.[1][2] He stated in 2010 that "We have not once bought a company for the company. We buy companies to get excellent people... In order to have a really entrepreneurial culture one of the key things is to make sure we're recruiting the best people. One of the ways to do this is to focus on acquiring great companies with great founders. Acquisitions[edit] See also[edit] References[edit] Facebook. Facebook is the world’s largest social network, with over 1.15 billion monthly active users.
Facebook was founded by Mark Zuckerberg in February 2004, initially as an exclusive network for Harvard students. It was a huge hit: in 2 weeks, half of the schools in the Boston area began demanding a Facebook network. Zuckerberg immediately recruited his friends Dustin Moskovitz, Chris Hughes, and Eduardo Saverin to help build Facebook, and within four months, Facebook added 30 more college networks. The original idea for the term Facebook came from Zuckerberg’s high school (Phillips Exeter Academy). The Exeter Face Book was passed around to every student as a way for students to get to know their classmates for the following year. With this success, Zuckerberg, Moskowitz and Hughes moved out to Palo Alto for the summer and rented a sublet.
With millions more users, Friendster attempted to acquire the company for $10 million in mid 2004. Recent Milestones Videos Screenshots Products Stock Price. Facebook Raises $500 Million in Funding, Now Worth $50 Billion [REPORT] Facebook to double revenue to $4.27 billion, 89% is from ads. Facebook Ad Revenue to Top 3.8 Billion in 2011.