FACEBOOK FACTS YOU NEED TO KNOW

You might have a facebook account, and it is likely that you check your facebook account once everyday if not more than that, or you might even be the founder of various facebook groups. but there are a lot of things that you might not know about this biggest social network of our time founded by Mark Zuckerberg.

So go through this article to see them.

Facebook was initially bank-rolled by Peter Thiel, the co founder of PAYPAL. His $500,000 investment also helped to launch facebook

facebook was almost shut down in the beginning after a lawsuit by ConnectU, claiming that mark stole the idea for facebook and as well the technology used in creating it. The issue was settled out of court of an undisclosed amount.

Today facebook has grown both financially and otherwise to become one of the most influential web based companies of our time. More than 400 million people log into their facebook account at least once every month. More than 60% are on the site everyday.

Facebook ranks second in traffic in the whole world after google which is on the first position

In 2006, Yahoo offered to buy facebook from Zuckerberg for $1 billion

which he refused.

In 2009, Facebook was valued at $4 billion.

Today, it is valued at $7 billion to $11 billion

Monthly amount of time spent on facebook ranges between 8.2 to 8.3 billion hours.

Average number of facebook friends is 130.

The total number of servers running facebook’s infrastructure is more than 10,000.

Facebook makes most, if not all of its money through contextual advertising which is also applicable to other web based companies like Google and Yahoo.

you can subscribe via email at the end of this article to receive new posts in your inbox.