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Classified Ad Posting
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It was started by Mark Zuckerberg on 4 February, 2004 along with fellow Harvard students and roommates Eduardo Saverine, Andrew McCullum, Dustin Moskovitz and Chris Hughes.
The membership of website was only limited to Harvard students in the initial stage.
In the year 2006 anyone who has completed 13 years can be the registered user of Facebook.
In February 2012, Facebook held its IPO (Initial Public Offering) and at that time the value of the company was US$104 billion, the largest valuation to date for the newly listed public company!
Facebook makes most of the money from the Advertisement that appears on the screen.Facebook Revenue ModelIn the year 2018’s FORTUNE 500 list of largest United States Corporations, Facebook ranked 76th.