Facebook is known for making history. Today, the company lost over $123 Billion in financial value and Investors are screaming. Several investors are calling on Mark Zuckerberg to step down as Chairmain or step down as CEO or step down from both positions. Let’s look at Facebook’s most history moments over the years.
2004 – Facebook Launches
2005 – Over 1 million users in less than 1 year
2005 – Accel Partners Invested $13 million into Facebook
2006 – Only 2 years after launch, Facebook received and rejected an acquisition offer of a whooping $2 Billion.
2007 – Microsoft Corp invested $240 million into Facebook. Facebook valuation increased to $15 Billion.
2009 – Various reports claimed Facebook is profitable for the first time.
2011 – Russian investment firm Digital Sky Technologies invested $50 million and Goldman Sachs Invested $450 million. Bringing Facebook’s valuation up to $50 Billion.
2012 – Facebook acquired the Instagram social media platform for $1 Billion. Facebook announced it had over 1 billion active users.
2014 – Facebook acquired Whatsapp for $16 billion.
2017 – Cambridge Analytical Scandal. Facebook looses over 700,000 users within the USA and Canada. Facebook’s company valuation drops by $50 Billion.
2018 – Facebook looses over 2 million European subscribers. Historic loss of over $123 Billion in value of Facebook shares.
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