The origins of facebook

Facebook is an online social site, it is probably the largest in the world. It is free so virtually everyone can access it.

Facebook was started by Mark Zuckerberg while he was studying at Harvard University. It was a hobby of his and with some funding from Eduardo Saverin he managed to get it running.Within months the ideas behind Facebook had spread to other dorms Harvard, and it turned out to be a great success. It also spread to Standford and Yale, with similar results to Harvard. Sooner or later he was joined by Dustin Moskovitz and Chris Hughes both Harvard students. A little later they dropped out of college to persue their dream of running facebook fulltime. Then they officialy named thefacebook Facebook and brought the domain name Facebook.com for $200,000.

Although now everyone can access facebook, when it started you had to be a member of a recognised school or college in order to create an account, meaning that there were less users then there are now. Facebook's net worth is estimated at around $4billion!