Happy Birthday Facebook as you are 14 today, February 4th. Mark Zuckerberg who is the founder shared the lessons he has learnt since starting the social networking site when he was 19 years old. He wrote
”Today is Facebook’s 14th birthday.
It’s a moment to reflect on how far we’ve come from that dorm room at Harvard and how far we still have to go to bring the world closer together. And it’s a moment to think about what we need to do better.
Sometimes people ask what I’ve learned along the way. I was 19 when I started Facebook, and I didn’t know anything about building a company or global internet service. Over the years I’ve made almost every mistake you can imagine. I’ve made dozens of technical errors and bad deals. I’ve trusted the wrong people and I’ve put talented people in the wrong roles. I’ve missed important trends and I’ve been slow to others. I’ve launched product after product that failed.
The reason our community exists today is not because we avoided mistakes. It’s because we believe what we’re doing matters enough to keep trying to solve our greatest challenges — knowing full well that we’ll fail again and again, but that it’s the only way to make progress.
We are still early in this journey and we will keep working to improve. That focus has always been our strength, and that’s what this year is all about.
Bringing us closer together with our family and friends matters, and 14 years in I’m proud of what we do and grateful to be a part of something so meaningful.
It’s an honor to be on this journey with you.
Daily active users
Facebook saw its first decline in daily active users in the U.S. and Canada, although its overall monthly users increased.
The U.S. and Canada generate more revenue, although more Facebook users are elsewhere.
Growth of the giant
The site was launched on Feb. 4, 2004, and was called thefacebook. It began with controversy when fellow Harvard students, the Winklevoss brothers, claimed Zuckerberg had stolen their idea. Zuckerberg settled with the brothers for $65 million in 2008.
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