Today, Facebook celebrates its 10th Birthday. When Mark Zuckerberg launched ‘Thefacebook’ from his Harvard University dorm 10 years ago, it was conceived as a way to connect students and let them build an online profile for themselves. It has since expanded dramatically with more than 1.7 billion users (one seventh of the World’s population) using it on a monthly basis according to the company’s own recent figures.
In 2012 when the company turned into a public company investors were sceptical it would be able to create an income based on the mobile market, however it reported this week that more than half of its ad revenue now comes from mobile devices.
In its 10 year history, Facebook has gone through its fair share of ups and downs; however it has become part of normal life for those with access to the Internet and continues to grow its user data base every day. Facebook’s impact has been such that it created a new meaning to the word ‘friend’ as in to ‘friend someone on Facebook’.
The company hasn’t said yet how it plans to celebrate its Birthday, except that it will talk about how it has “changed the world” in the past 10 years, and what the next decade might hold in store.