Community

Is Facebook a Business?

Most of us use Facebook everyday without the realization that we are contributing to the financial results of facebook with each clicked ad.

So is Facebook a Business?

Facebook is a business and is one of the largest companies in the world. Facebook has a 1 trillion dollar market cap and owns popular companies like Instagram and Oculus Rift.

When did Facebook start?

Facebook was founded in 2004 by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum and Dustin Moskovitz.

Who owns Facebook?

Mark Zuckerberg owns 58% of the company and is one of the richest billionaires with a net worth of $46 Billion.  Zuckerberg also holds huge stock options which makes him much richer.

How many people are on Facebook?

Facebook as over 2.8 billion monthly active users.

How does Facebook make money?

Facebook makes all of its revenue from advertising. They have a huge user base in many countries like the United States, India, Brazil, Turkey, etc.. ┬áThis allows Facebook to advertise and earn significant ad revenue from companies around you. I’m sure you have noticed ads that pop up in your Instagram and Facebook feeds from time to time.

When did Facebook go public?

On May 18th 2012, Facebook went public for $38/share.

Who is the CEO of Facebook?

Mark Zuckerberg is the CEO of Facebook and has been since it’s inception.

How does Facebook make money?

Facebook makes all of its revenue from advertising. They have a huge user base in many countries like the United States, India, Brazil, Turkey etc..  This allows Facebook to advertise and earn significant ad revenue from companies around the world. You may notice ads that pop up in your Instagram and Facebook feeds from time to time.

How many people work at Facebook?

Facebook has over 58,000 employees as of December 2020