Facebook

With only about 700 employees around the globe, Facebook has emerged as the most used social network by worldwide monthly active users, followed by MySpace. It was founded on 4 February 2004 in Harvard University by Mark Zuckerberg and friends. At that time, this site was only accessible to the university's students.

It received its 1st investment from cofounder of Paypal with the investment value of US$500k. Facebook has then received numerous offers from various conglomerate companies but was turned down as Zuckerberg did not want to sell the company. Friendster, Accel Partners, Greylock Partners, Meritech Capital, Yahoo, Microsoft, Viacom, Google and even the Hong Kong billionaire, Li Ka Shing are some of the companies that made an attempt to invest, acquire, or made contract with Facebook. Some successfully have some shares in this company while some have verbal contract with its owner.

Mark was known to be the "boy who turned down a billion". As of 2008, Mark Zuckerberg was ranked #785 of the world's billionaires and was also the youngest person ever appear in Forbes 400 with an estimated networth of US$1.5bil and its company with estimated US$15 billion. He is now only 25 year old and was a Harvard dropout. How I wished I was him...But also with him turning down all the companies we, the public are able to keep connecting to each others through this addictive yet interesting site.

Even I was addicted to Facebook through its numerous games and applications such as Mafia Wars, Vampire wars, Ghost Trappers, Pet Society, and Friends for sale (Just to name a few ^-^). There are also applications which are in the form of quizzes, surveys, predictions and personality tests which intrigue many to try it. The most unique part of Facebook is the ability to tag photos of friends and its news feed which keeps friends up to date with the current activity and news.
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