{"name": "Facebook", "permalink": "facebook", "crunchbase_url": "http://www.crunchbase.com/company/facebook", "homepage_url": "http://facebook.com", "blog_url": "http://blog.facebook.com", "blog_feed_url": "http://blog.facebook.com/atom.php", "twitter_username": "facebook", "category_code": "web", "number_of_employees": 1000, "founded_year": 2004, "founded_month": 2, "founded_day": 1, "deadpooled_year": null, "deadpooled_month": null, "deadpooled_day": null, "deadpooled_url": "", "tag_list": "facebook, college, students, profiles, network, online-communities, social-networking", "alias_list": "", "email_address": "", "phone_number": "", "description": "Social network", "created_at": "Fri May 25 21:22:15 UTC 2007", "updated_at": "Tue Mar 16 01:24:39 UTC 2010", "overview": "\u003Cp\u003EFacebook is the world\u0026#8217;s largest social network, with over 400 million users.\u003C/p\u003E\n\n\u003Cp\u003EFacebook was founded by \u003Ca href=\"http://www.crunchbase.com/person/mark-zuckerberg\" title=\"Mark Zuckerberg\"\u003EMark Zuckerberg\u003C/a\u003E in February 2004, initially as an exclusive network for Harvard students. It was a huge hit: in 2 weeks, half of the schools in the Boston area began demanding a Facebook network. Zuckerberg immediately recruited his friends \u003Ca href=\"http://www.crunchbase.com/person/dustin-moskovitz\" title=\"Dustin Moskowitz\"\u003EDustin Moskowitz\u003C/a\u003E and \u003Ca href=\"/person/chris-hughes\" title=\"Chris Hughes\" rel=\"nofollow\"\u003EChris Hughes\u003C/a\u003E to help build Facebook, and within four months, Facebook added 30 more college networks. \u003C/p\u003E\n\n\u003Cp\u003EThe original idea for the term Facebook came from Zuckerberg\u0026#8217;s high school (Phillips Exeter Academy). The Exeter Face Book was passed around to every student as a way for students to get to know their classmates for the following year. It was a physical paper book until Zuckerberg brought it to the internet.\u003C/p\u003E\n\n\u003Cp\u003EWith this success, Zuckerberg, Moskowitz and Hughes moved out to \u003Ca href=\"/maps/city/Palo%2520Alto\" title=\"Palo Alto\" rel=\"nofollow\"\u003EPalo Alto\u003C/a\u003E for the summer and rented a sublet. A few weeks later, Zuckerberg ran into the former cofounder of \u003Ca href=\"/company/napster\" title=\"Napster\" rel=\"nofollow\"\u003ENapster\u003C/a\u003E, \u003Ca href=\"/person/sean-parker\" title=\"Sean Parker\" rel=\"nofollow\"\u003ESean Parker\u003C/a\u003E. Parker soon moved in to Zuckerberg\u0026#8217;s apartment and they began working together. Parker provided the introduction to their first investor, \u003Ca href=\"/person/peter-thiel\" title=\"Peter Thiel\" rel=\"nofollow\"\u003EPeter Thiel\u003C/a\u003E, cofounder of \u003Ca href=\"/company/paypal\" title=\"PayPal\" rel=\"nofollow\"\u003EPayPal\u003C/a\u003E and managing partner of \u003Ca href=\"http://www.crunchbase.com/financial-organization/founders-fund\" title=\"The Founders Fund\"\u003EThe Founders Fund\u003C/a\u003E. Thiel invested $500,000 into Facebook. \u003C/p\u003E\n\n\u003Cp\u003EWith millions more users, \u003Ca href=\"/company/friendster\" title=\"Friendster\" rel=\"nofollow\"\u003EFriendster\u003C/a\u003E \u003Ca href=\"http://www.techcrunch.com/2006/12/12/yahoos-project-fraternity-docs-leaked/\" title=\"attempted\"\u003Eattempted\u003C/a\u003E to acquire the company for $10 million in mid 2004. Facebook turned down the offer and subsequently received $12.7 million in funding from \u003Ca href=\"http://www.crunchbase.com/financial-organization/accel-partners\" title=\"Accel Partners\"\u003EAccel Partners\u003C/a\u003E, at a valuation of \u003Ca href=\"http://www.techcrunch.com/2005/09/07/85-of-college-students-use-facebook/\" title=\"around $100 million\"\u003Earound $100 million\u003C/a\u003E. Facebook continued to grow, opening up to high school students in September 2005 and adding an immensely popular photo sharing feature the next month. The next spring, Facebook received $25 million in funding from \u003Ca href=\"http://www.crunchbase.com/financial-organization/greylock\" title=\"Greylock Partners\"\u003EGreylock Partners\u003C/a\u003E and \u003Ca href=\"http://www.crunchbase.com/financial-organization/meritech-capital-partners\" title=\"Meritech Capital\"\u003EMeritech Capital\u003C/a\u003E, as well as previous investors Accel Partners and Peter Thiel. The pre-money valuation for this deal was about $525 million. Facebook subsequently \u003Ca href=\"http://www.techcrunch.com/2006/04/26/facebook-goes-beyond-college-high-school-markets/\" title=\"opened\"\u003Eopened\u003C/a\u003E up to work networks, eventually amassing over 20,000 work networks. Finally in September 2006, Facebook \u003Ca href=\"http://www.techcrunch.com/2006/09/26/facebook-just-launched-open-registrations/\" title=\"opened\"\u003Eopened\u003C/a\u003E to anyone with an email address. \u003C/p\u003E\n\n\u003Cp\u003EIn the summer of 2006, \u003Ca href=\"/company/yahoo\" title=\"Yahoo\" rel=\"nofollow\"\u003EYahoo\u003C/a\u003E \u003Ca href=\"http://www.techcrunch.com/2006/09/21/facebook-and-yahoo-in-acquisition-talks-for-1-billion/\" title=\"attempted to acquire\"\u003Eattempted to acquire\u003C/a\u003E the company for $1 billion dollars. \u003Ca href=\"http://www.wired.com/techbiz/startups/news/2007/09/ff_facebook\" title=\"Reports\" rel=\"nofollow\"\u003EReports\u003C/a\u003E actually indicated that Zuckerberg made a verbal agreement to sell Facebook to Yahoo. A few days later when Yahoo\u0026#8217;s stock price took a dive, the offer was lowered to $800 million and Zuckerberg walked away from the deal. Yahoo later \u003Ca href=\"http://www.techcrunch.com/2006/12/12/yahoos-project-fraternity-docs-leaked/\" title=\"offered\"\u003Eoffered\u003C/a\u003E $1 billion again, this time Zuckerberg turned Yahoo down and earned instant notoriety as the \u0026#8220;kid\u0026#8221; who turned down a billion. This was not the first time Zuckerberg turned down an acquisition offer; \u003Ca href=\"/company/viacom\" title=\"Viacom\" rel=\"nofollow\"\u003EViacom\u003C/a\u003E had previously \u003Ca href=\"http://www.techcrunch.com/2006/03/28/facebook-is-doing-the-skype-dance/\" title=\"unsuccessfully\"\u003Eunsuccessfully\u003C/a\u003E attempted to acquire the company for $750 million in March, 2006. \u003C/p\u003E\n\n\u003Cp\u003EOne sour note for Facebook has been the \u003Ca href=\"http://www.techcrunch.com/2007/07/16/the-ghost-of-zuckerbergs-past-may-haunt-facebook-ipo/\" title=\"controversy\"\u003Econtroversy\u003C/a\u003E with social network ConnectU. The founders of ConnectU, former classmates of Mark Zuckerberg at Harvard, allege that Zuckerberg stole their original source code for Facebook. The ordeal has \u003Ca href=\"http://www.techcrunch.com/2007/10/10/facebook-vs-connectu-facebook-makes-untrue-assertions-claims-connectu/\" title=\"gone to court\"\u003Egone to court\u003C/a\u003E, and has now been resolved. \u003C/p\u003E\n\n\u003Cp\u003ENotwithstanding this lingering controversy, Facebook\u0026#8217;s growth in the fall of 2007 was staggering. Over 1 million new users signed up every week, 200,000 daily, totaling over 50 million active users. Facebook received 40 billion page views a month. Long gone were the days of Facebook as a social network for college students. 11% of users are over the age of 35, and the fastest growing demographic is users over 30. Facebook has also seen huge growth internationally; 15% of the user base is in Canada. Facebook users\u0026#8217; \u003Ca href=\"http://www.techcrunch.com/2007/11/13/i-just-cant-be-a-college-student-without-facebook/\" title=\"passion\"\u003Epassion\u003C/a\u003E, or \u003Ca href=\"http://www.techcrunch.com/2007/03/09/career-advice-dont-choose-facebook-over-your-job/\" title=\"addiction\"\u003Eaddiction\u003C/a\u003E, to the site is unparalleled: more than half use the product every single day and users spend an average of 19 minutes a day on Facebook. Facebook is 6th most trafficked site in the US and top photo sharing site with \u003Ca href=\"http://www.techcrunch.com/2007/11/13/2-billion-photos-on-flickr/\" title=\"4.1 billion photos uploaded\"\u003E4.1 billion photos uploaded\u003C/a\u003E. \u003C/p\u003E\n\n\u003Cp\u003EBased on these types of numbers, \u003Ca href=\"http://www.techcrunch.com/2007/10/24/facebook-takes-the-microsoft-money-and-runs/\" title=\"Microsoft invested\"\u003EMicrosoft invested\u003C/a\u003E $240 million into Facebook for 1.6 percent of the company in October 2007. This meant a valuation of over $15 billion, making Facebook the \u003Ca href=\"http://www.techcrunch.com/2007/10/25/perspective-facebook-is-now-5th-most-valuable-us-internet-company/\" title=\"5th most valuable US Internet company\"\u003E5th most valuable US Internet company\u003C/a\u003E, yet with only $150 million in annual revenue. Many explained Microsoft\u0026#8217;s decision as being solely driven by the desire to outbid Google. \u003C/p\u003E\n\n\u003Cp\u003EFacebook\u0026#8217;s competitors include \u003Ca href=\"http://www.crunchbase.com/company/myspace\" title=\"MySpace\"\u003EMySpace\u003C/a\u003E, \u003Ca href=\"http://www.crunchbase.com/company/Bebo\" title=\"Bebo\"\u003EBebo\u003C/a\u003E, \u003Ca href=\"http://www.crunchbase.com/company/Friendster\" title=\"Friendster\"\u003EFriendster\u003C/a\u003E, \u003Ca href=\"http://www.crunchbase.com/company/LinkedIn\" title=\"LinkedIn\"\u003ELinkedIn\u003C/a\u003E, \u003Ca href=\"http://www.crunchbase.com/company/tagged\" title=\"Tagged\"\u003ETagged\u003C/a\u003E, \u003Ca href=\"http://www.techcrunch.com/2007/01/20/hi5-traffic-surges-may-be-second-largest-social-network/\" title=\"Hi5\"\u003EHi5\u003C/a\u003E, \u003Ca href=\"http://www.techcrunch.com/2006/09/25/a-look-at-piczo-and-its-competitors/\" title=\"Piczo\"\u003EPiczo\u003C/a\u003E, and \u003Ca href=\"http://www.techcrunch.com/2007/10/30/details-revealed-google-opensocial-to-be-common-apis-for-building-social-apps/\" title=\"Open Social\"\u003EOpen Social\u003C/a\u003E. \u003C/p\u003E", "image": {"available_sizes": [[[150, 61], "assets/images/resized/0000/4561/4561v1-max-150x150.png"], [[245, 100], "assets/images/resized/0000/4561/4561v1-max-250x250.png"], [[245, 100], "assets/images/resized/0000/4561/4561v1-max-450x450.png"]], "attribution": null}, "products": [{"name": "Facebook Platform", "permalink": "facebook-platform"}, {"name": "Facebook News Feed", "permalink": "facebook-news-feed"}, {"name": "Facebook Chat", "permalink": "facebook-chat"}, {"name": "Facebook Connect", "permalink": "facebook-connect"}, {"name": "Facebook Mobile", "permalink": "facebook-iphone-app"}, {"name": "Facebook Zero", "permalink": "facebook-zero"}, {"name": "Facebook Lite", "permalink": "facebook-lite"}, {"name": "Facebook Touch", "permalink": "facebook-touch"}], "relationships": [{"is_past": false, "title": "Founder and CEO, Board Of Directors", "person": {"first_name": "Mark", "last_name": "Zuckerberg", "permalink": "mark-zuckerberg"}}, {"is_past": true, "title": "Co-founder", "person": {"first_name": "Dustin", "last_name": "Moskovitz", "permalink": "dustin-moskovitz"}}, {"is_past": true, "title": "Chief Revenue Officer, VP of Operations", "person": {"first_name": "Owen", "last_name": "Van Natta", "permalink": "owen-van-natta"}}, {"is_past": true, "title": "VP of Product Management", "person": {"first_name": "Matt", "last_name": "Cohler", "permalink": "matt-cohler"}}, {"is_past": false, "title": "Co-founder", "person": {"first_name": "Chris", "last_name": "Hughes", "permalink": "chris-hughes"}}, {"is_past": false, "title": "VP of Growth, Mobile and International", "person": {"first_name": "Chamath", "last_name": "Palihapitiya", "permalink": "chamath-palihapitiya"}}, {"is_past": true, "title": "CFO", "person": {"first_name": "Gideon", "last_name": "Yu", "permalink": "gideon-yu"}}, {"is_past": true, "title": "CTO", "person": {"first_name": "Adam", "last_name": "D'Angelo", "permalink": "adam-d-angelo"}}, {"is_past": false, "title": "COO", "person": {"first_name": "Sheryl", "last_name": "Sandberg", "permalink": "sheryl-sandberg"}}, {"is_past": true, "title": "Senior Platform Manager", "person": {"first_name": "Dave", "last_name": "Morin", "permalink": "dave-morin"}}, {"is_past": false, "title": "Director of Business Development", "person": {"first_name": "Ethan", "last_name": "Beard", "permalink": "ethan-beard"}}, {"is_past": false, "title": "Chief Privacy Officer", "person": {"first_name": "Chris", "last_name": "Kelly", "permalink": "chris-kelly"}}, {"is_past": true, "title": "Engineering Lead", "person": {"first_name": "Justin", "last_name": "Rosenstein", "permalink": "justin-rosenstein"}}, {"is_past": false, "title": "VP of Technical Operations", "person": {"first_name": "Jonathan", "last_name": "Heiliger", "permalink": "jonathan-heiliger"}}, {"is_past": true, "title": "Director Platform Product Marketing", "person": {"first_name": "Ben", "last_name": "Ling", "permalink": "ben-ling"}}, {"is_past": false, "title": "Product Lead for Facebook Platform", "person": {"first_name": "Ruchi", "last_name": "Sanghvi", "permalink": "ruchi-sanghvi"}}, {"is_past": false, "title": "Board Of Directors", "person": {"first_name": "Jim", "last_name": "Breyer", "permalink": "jim-breyer"}}, {"is_past": false, "title": "VP of Communications and Public Policy", "person": {"first_name": "Elliot", "last_name": "Schrage", "permalink": "elliot-schrage"}}, {"is_past": false, "title": "Board Of Directors", "person": {"first_name": "Peter", "last_name": "Thiel", "permalink": "peter-thiel"}}, {"is_past": false, "title": "Observer to Board of Directors", "person": {"first_name": "David", "last_name": "Sze", "permalink": "david-sze"}}, {"is_past": true, "title": "President, Board of Directors", "person": {"first_name": "Sean", "last_name": "Parker", "permalink": "sean-parker"}}, {"is_past": false, "title": "Board of directors", "person": {"first_name": "Marc", "last_name": "Andreessen", "permalink": "marc-andreessen"}}, {"is_past": false, "title": "Platform Program Manager", "person": {"first_name": "Sandra Liu", "last_name": "Huang", "permalink": "sandra-liu-huang"}}, {"is_past": false, "title": "Director of Monetization", "person": {"first_name": "Tim", "last_name": "Kendall", "permalink": "tim-kendall"}}, {"is_past": false, "title": "Product Marketing Manager", "person": {"first_name": "Kent", "last_name": "Schoen", "permalink": "kent-schoen"}}, {"is_past": false, "title": "Vice President, Engineering", "person": {"first_name": "Mike", "last_name": "Schroepfer", "permalink": "mike-shroepfer"}}, {"is_past": false, "title": "Head of Security", "person": {"first_name": "Max", "last_name": "Kelly", "permalink": "max-kelly"}}, {"is_past": true, "title": "VP Sales Consultant", "person": {"first_name": "Vince", "last_name": "Thompson", "permalink": "vince-thompson"}}, {"is_past": false, "title": "General Counsel", "person": {"first_name": "Theodore", "last_name": "Ullyot", "permalink": "theodore-ullyot"}}, {"is_past": true, "title": "General Counsel", "person": {"first_name": "Rudy", "last_name": "Gadre", "permalink": "rudy-gadre"}}, {"is_past": false, "title": "VP of Business Development and Monetization ", "person": {"first_name": "Dan", "last_name": "Rose", "permalink": "dan-rose"}}, {"is_past": false, "title": "Angel Investor", "person": {"first_name": "Reid", "last_name": "Hoffman", "permalink": "reid-hoffman"}}, {"is_past": true, "title": "Manager, Data", "person": {"first_name": "Jeff", "last_name": "Hammerbacher", "permalink": "jeff-hammerbacher"}}, {"is_past": true, "title": "CFO", "person": {"first_name": "Michael", "last_name": "Sheridan", "permalink": "michael-sheridan"}}, {"is_past": false, "title": "Product Designer", "person": {"first_name": "Rob", "last_name": "Goodlatte", "permalink": "rob-goodlatte"}}, {"is_past": true, "title": "Product Development Manager", "person": {"first_name": "Noah", "last_name": "Kagan", "permalink": "noah-kagan"}}, {"is_past": true, "title": "Product Designer", "person": {"first_name": "Eston", "last_name": "Bond", "permalink": "eston-bond"}}, {"is_past": true, "title": "Creative Director", "person": {"first_name": "Bryan", "last_name": "Veloso", "permalink": "bryan-veloso"}}, {"is_past": true, "title": "Interaction Designer", "person": {"first_name": "Bryan", "last_name": "Veloso", "permalink": "bryan-veloso"}}, {"is_past": false, "title": "Board Of Directors", "person": {"first_name": "Donald", "last_name": "E. Graham", "permalink": "donald-e-graham"}}, {"is_past": false, "title": "Marketing Director", "person": {"first_name": "Randi", "last_name": "Zuckerberg", "permalink": "randi-zuckerberg"}}, {"is_past": false, "title": "Observer to Board of Directors", "person": {"first_name": "Paul", "last_name": "Madera", "permalink": "paul-madera"}}, {"is_past": true, "title": "VP Product", "person": {"first_name": "Doug", "last_name": "Hirsch", "permalink": "doug-hirsch-2"}}, {"is_past": true, "title": "Developer Relations Manager", "person": {"first_name": "Ryan", "last_name": "Merket", "permalink": "ryan-merket"}}, {"is_past": false, "title": "Director of Public Policy", "person": {"first_name": "Timothy", "last_name": "Sparapani", "permalink": "timothy-sparapani"}}, {"is_past": false, "title": "Board member", "person": {"first_name": "Donald E.", "last_name": "Graham", "permalink": "donald-e-graham-2"}}, {"is_past": true, "title": "CTO", "person": {"first_name": "Adam", "last_name": "D'Angelo", "permalink": "adam-dangelo"}}, {"is_past": false, "title": "Director of Engineering", "person": {"first_name": "Greg", "last_name": "Badros", "permalink": "greg-badros"}}, {"is_past": false, "title": "Platform Manager", "person": {"first_name": "Gareth", "last_name": "Davis", "permalink": "gareth-davis"}}, {"is_past": false, "title": "CFO", "person": {"first_name": "David", "last_name": "Ebersman", "permalink": "david-ebersman"}}, {"is_past": false, "title": "Software Engineer", "person": {"first_name": "Joe", "last_name": "Hewitt", "permalink": "joe-hewitt"}}, {"is_past": true, "title": "Director, User Experience and Design", "person": {"first_name": "Katie", "last_name": "Geminder", "permalink": "katie-geminder"}}, {"is_past": false, "title": "VP Product", "person": {"first_name": "Chris", "last_name": "Cox", "permalink": "chris-cox"}}, {"is_past": true, "title": "Co-Founder", "person": {"first_name": "Andrew", "last_name": "McCollum", "permalink": "andrew-mccollum"}}, {"is_past": 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"bret-taylor"}}, {"is_past": false, "title": "Director, Mobile", "person": {"first_name": "Jed", "last_name": "Stremel", "permalink": "jed-stremel"}}, {"is_past": false, "title": "", "person": {"first_name": "Eddie", "last_name": "Lim", "permalink": "eddie-lim"}}, {"is_past": true, "title": "Advisor", "person": {"first_name": "Hadi", "last_name": "Partovi", "permalink": "hadi-partovi"}}, {"is_past": false, "title": "Director of Engineering", "person": {"first_name": "Jay", "last_name": "Parikh", "permalink": "jay-parikh"}}, {"is_past": false, "title": "Platform Product Marketing", "person": {"first_name": "Kelly", "last_name": "Hansen", "permalink": "kelly-hansen"}}, {"is_past": false, "title": "VP Human Resources, Recruiting", "person": {"first_name": "Lori", "last_name": "Goler", "permalink": "lori-goler"}}, {"is_past": false, "title": "VP Global Sales", "person": {"first_name": "Mike", "last_name": "Murphy", "permalink": "mike-murphy"}}, {"is_past": false, "title": "Software Engineer", "person": {"first_name": "Eric", "last_name": "Faller", "permalink": "eric-faller"}}, {"is_past": false, "title": "Manager, Site Reliability Engineering", "person": {"first_name": "Pedro", "last_name": "Canahuati", "permalink": "pedro-canahuati"}}, {"is_past": true, "title": "", "person": {"first_name": "Pooja", "last_name": "Nath", "permalink": "pooja-nath"}}, {"is_past": false, "title": "Open Source and Web Standards Program Manager", "person": {"first_name": "Monica", "last_name": "Keller", "permalink": "monica-keller"}}, {"is_past": false, "title": "Engineer", "person": {"first_name": "Andrew", "last_name": "Bosworth", "permalink": "andrew-bosworth"}}, {"is_past": false, "title": "Software Engineer", "person": {"first_name": "Beau", "last_name": "Hartshorne", "permalink": "beau-hartshorne"}}, {"is_past": false, "title": "Software Engineer", "person": {"first_name": "Michael", "last_name": "Novati", "permalink": "michael-novati"}}], "competitions": [{"competitor": 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