Interesting Facts About Facebook You Should Know

Posted 4 months ago
Interesting Facts About Facebook You Should Know

Facebook is one of the most popular and highly successful social networking sites. Interesting Facts About Facebook, a social media giant. It was founded in February 2004, in Cambridge, Massachusetts, United States.

Interesting Facts About Facebook

  1. Facebook has its headquarters in Menlo Park, California, United States.
  2. Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz, Andrew McCollum, Chris Hughes are the founding members of the world's most popular social network.
  3. Facebook owns WhatsApp, Instagram, Oculus VR.
  4. Facebook, Inc., is an American multi-industry technology company based in Menlo Park, California.
  5. Initially, Facebook was TheFacebook.com.
  6. It is one of the Big five companies in the US IT sector along with Google, Apple, Microsoft, and Amazon.
  7. Apart from the social network, Facebook owns Facebook Messenger, Facebook Watch, and Facebook Portal, Instagram, WhatsApp, Oculus, Giphy, and Mapillary.
  8. Facebook owns 9.9% stakes in Jio Platforms. Jio Platforms is an Indian technology company and a subsidiary of Reliance Industries, headquartered in Mumbai.
  9. Facebook has Invested $5.7 Billion in Indian Internet Giant Jio in 2020.
  10. Facebook is a public company. A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a company whose ownership is organized via shares of stock that are intended to be freely traded on a stock exchange.
  11. Facebook was founded 17 years ago on February 4, 2004, in Cambridge, Massachusetts.
  12. Facebook owns the following top brands' Facebook, Instagram, Messenger, WhatsApp, Oculus VR.
  13. As of June 30, 2020, Facebook has about 52,535 employees.
  14. The official Facebook website can be accessed at https://about.facebook.com/
  15. Facebook filed for an initial public offering (IPO) on February 1, 2012.
  16. Underwriters valued the shares of Facebook at $38 each, pricing the company at $104 billion.
  17. It was the largest valuation to date for a newly public company.
  18. One of its first major acquisitions by Facebook happened in April 2012. Facebook acquired Instagram for approximately US$1 billion in cash and stock.
  19. Onavo was an Israeli mobile web analytics company owned by Facebook, Inc. Facebook acquired Onavo in October 2013.
  20. In February 2014, Facebook acquired a mobile messaging company WhatsApp for US$19 billion in cash and stock.
  21. In 2014, Facebook acquired Oculus VR for $2.3 billion in stock and cash, which released its first consumer virtual reality headset in 2016.
  22. Facebook acquired Beat Games - a VR game studio in 2019. 
  23. In 2020, Facebook acquired Giphy for a reported cash price of $400 million.
  24. In 2020, Facebook spent $19.7m on lobbying, hiring 79 lobbyists.
  25. Al Pacino was the first “face” on Facebook. “Zuckerberg’s friend and classmate Andrew McCollum designed a logo using an image of Al Pacino he’d found online that he covered with a fog of ones and zeros—the elementary components of digital media”.