ABOUT FACEBOOK

About Facebook

Founded in February 2004, Facebook is a social utility that helps people communicate more efficiently with their friends, family and coworkers. The company develops technologies that facilitate the sharing of information through the social graph, the digital mapping of people's real-world social connections. Anyone can sign up for Facebook and interact with the people they know in a trusted environment.

Mission

Facebook's mission is to give people the power to share and make the world more open and connected.

Millions of people use Facebook everyday to keep up with friends, upload an unlimited number of photos, share links and videos, and learn more about the people they meet.

  • More than 200 million active users
  • More than 100 million users log on to Facebook at least once each day
  • More than two-thirds of Facebook users are outside of college
  • The fastest growing demographic is those 35 years old and older

Product

Facebook’s simplified navigation gives users easy access to core site functions and applications. Profile, Friends, Networks and Inbox – pages core to the user experience on Facebook – have a prominent place at the top of the user’s profile page. Facebook applications – Photos, Notes, Groups, Events and Posted items – are displayed on the left side bar, along with any third-party applications a user has added to their account.

Technology

Facebook is the second most-trafficked PHP site in the world, and one of the largest MySQL installations anywhere, running thousands of databases. Facebook has built a lightweight but powerful multi-language RPC framework that allows the company to seamlessly and easily tie together subsystems written in any language, running on any platform. The company is the largest user in the world of memcached, an open-source caching system, and has created a custom-built search engine serving millions of queries a day, completely distributed and entirely in-memory, with real-time updates.

Platform

Facebook Platform is a development platform that enables companies and engineers to deeply integrate with the Facebook website and gain access to millions of users through the social graph. Facebook is a part of millions of people’s lives all around the world providing unparalleled distribution potential for applications and the opportunity to build a business that is highly relevant to people’s lives. More information can be found at http://developers.facebook.com.

Privacy

Facebook has led the industry in giving people tools to control the information they share and with whom they choose to share it. User privacy has always been a top priority for the company, which has worked with such organizations as the National Center for Missing and Exploited Children and WiredSafety. Facebook is TrustE certified. Users also have the ability to share and restrict information based on specific friends or friend lists.

Funding

Round one: $500,000 from Peter Thiel, Summer 2004; Round two: $12.7 million from Accel Partners, April 2005; Round three: $27.5 million from Greylock Partners leading the round, Meritech Capital Partners participating, and Accel Partners and Peter Thiel increasing their investment in the company.
Board

Members: Mark Zuckerberg, Marc Andreessen, Jim Breyer, Don Graham (to join in January 2009) and Peter Thiel; Observer: David Sze; Observer: Paul Madera

Employees

850+

Users

Over 200 million active (users who have returned to the site in the last 30 days)

Offices

Headquartered in Palo Alto, Calif. U.S. offices: Atlanta; Chicago; Dallas; Detroit, New York; Venice Beach, Calif. International offices: Dublin, Ireland; London; Paris.

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