Facebook Company Description
When it comes to social networking, it's wise to put your best face forward. Online directory Facebook began by connecting students through social networks at schools, but has since opened its service to the general public. Users post photos and information about themselves through online profiles. The site was launched in 2004 by undergraduates at Harvard, led by Mark Zuckerberg, as an online version of the Harvard Facebook. (The name comes from books of freshmen's faces, majors, and hometowns that are distributed to incoming students.) Microsoft has a deal to be the exclusive provider of advertising to Facebook. Investors include Paypal co-founder Peter Thiel and Accel Partners.
View the Comprehensive Company Description for Facebook
The Company Description provides a historical perspective of Facebook's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Facebook's evolution in the marketplace.
