Facebook,world's most popular social networking website has turned 5 years old today.Facebook IPO by mid 2011.
Facebook,arguably the biggest(Myspace days are fading out) Social networking website in the world has turned 5 years old today.Exactly 5 years ago,Mark Zuckerberg,a Harvard dropout bagged a domain "TheFacebook.com" and launched his self built social network.Rest of the story is history today.
Following Google,Facebook is certainly the next big internet company that came out of nothing and now raising unrealistic(remember $15 Bn valuation ?) expectations in the tech industry.Facebook has been steadily growing since its launch and has now crosssed a figure of 150m users worldwide.
It is now being speculated that the older social networking giant(Myspace) is slowly lagging behind Facebook,specially when only U.S. audiences are taken into consideration.
During the past five years,Facebook hardly remained out of buzz and kept making news for one reason or the other.From 'Beacon controversy' to 'Facebook Connect'(from 'bad' to 'good'),from Microsoft's partnership(on a skyrocked valuation) to the much popular rumors of Facebook's IPO,every such thing regarding Facebook hit Digg's homepage on a regular basis.
So,what's up with Facebook's IPO ?
04