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Facebook’s Unstoppable Growth

Facebook, the social media giant founded by a group of Harvard students in February 2004, has been experiencing an explosive growth over the last 5 years. In its fifth anniversary, the company has reached over 400 million active users, raised more than $700 million in funding from multiple investors worldwide, employed over 1,000 employees, and opened offices in 8 different countries.

Interesting Facebook facts as of February 2010:

  • More than 35 million users update their status each day
  • More than 60 million status updates posted each day
  • More than 3 billion photos uploaded to the site each month
  • More than 3.5 million events created each month
  • More than 3 million active Pages on Facebook
  • More than 1.5 million local businesses have active Pages on Facebook
  • More than 500,000 active applications currently on Facebook Platform
  • More than 250 applications have more than one million monthly active users
  • More than 100 million active users currently accessing Facebook through their mobile devices
  • Average user has 130 friends on the site
  • Average user sends 8 friend requests per month
  • Average user spends more than 55 minutes per day on Facebook
  • Average user writes 25 comments on Facebook content each month
  • Average user becomes a fan of 4 Pages each month
  • Average user is invited to 3 events per month
  • Average user is a member of 13 groups

Facebook would have never reached such impressive accomplishments if Mark Zuckerberg, Facebook’s 24-year-old CEO, had agreed to sell the company to Yahoo in the summer of 2006 for $1 billion. Great job!

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