Facebook’s Timeline: $0 to $100 Billion in 8 years!
Mark Zuckerberg launches thefacebook.com from his Harvard College dorm room.
Investor Peter Thiel loans $500,000 to thefacebook.com that would eventually convert into a 10.2% equity stake in the company.
Harvard classmates Tyler and Cameron Winkelvoss and Divya Narendra file a lawsuit in federal court alleging Mr. Zuckerberg stole the idea for thefacebook.com from them.
The social-networking company obtains $12.7 million in funding, led by venture-capital firm Accel Partners, which values the company at $100 million.
Thefacebook.com becomes Facebook.
Facebook considers selling itself to Yahoo for $1 billion.
Facebook opens registration on its site to anyone over the age of 13.
Facebook launches Platform, which lets outside developers build online services that work within its website.
Facebook launches News Feed, a feature that aggregates news about friends’ activity on the site, sparking widespread outrage and the first of many concerns over the site’s approach to user privacy.
Microsoft invests $240 million in Facebook at a $15 billion valuation.
Concerns from privacy advocates grow over Facebook’s launch of Beacon, a feature that tracks user activity outside of the site and shows it to friends.
Top Google executive Sheryl Sandberg joins Facebook as chief operating officer.
Russian Internet firm Digital Sky Technologies offers to invest $200 million in Facebook at a $10 billion valuation.
Facebook hires former Genentech CFO David Ebersman as CFO.
Goldman Sachs Group leads a $1.5 billion funding round in Facebook at a $50 billion valuation.
Facebook announces that it has more 800 million monthly visitors.
Facebook executives eye an IPO for the first half of 2012 that would raise as much as $10 billion and place a more than $100 billion valuation on the company.
Source: WSJ Research