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June, 2004
Facebook gets its first big investors, through Venture capitalist Peter Thiel who sees promise I the company and invest $500,000. Sean Parker, the founder of Napster, becomes Facebook president. -
September, 2004
Cameron & Tyler Winklevoss claim Zuckerberg stole the idea from them and sue the company. The lawsuit is later dropped in August of 2011. -
Febuary, 4th, 2004
Facebook is founded by Harvard classmates, Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz & Chris Hughes. At the time, known as The Facebook. -
April, 24th, 2004
Facebook reaches 9 million users. -
March, 2005
Facebook rejects an offer from media giant Viacom to buy the site for $75 million. -
March, 2006
Facebook rejects $1 billion from giants Yahoo! -
October, 24th, 2007.
Microsoft buys a small percentile of Facebook shares, increasing its value to $15 billion. -
August, 26th, 2008.
Facebook reaches 1 million users. -
January, 2009.
Facebook overtakes Myspace to become cyberspaces largest social network. -
May, 2010
Game company, Zynga make there social games available on Facebook. These include favourites such as Farmville, Mafia wars & Café World. -
June, 2010.
Facebook introduces, the infamous like button. -
September, 2011.
Facebook reinvents its social networking structure, by introducing the controversial timeline feature which documents user's experiences as a streamline of networking events. -
Febuary, 1st, 2012
Facebook announces it will consider desirable public offerings. -
May, 18th, 2012.
Facebook shares go on the stock market. The company is valued at $114 billion, eight times its initial worth when investors approached the social networking craze.
