Founded in February 2004 by Mark Zuckerberg with Harvard roommates Eduardo SaverinDustin MoskovitzChris Hughes, and Andrew McCollum, Facebook began as a exclusive campus directory before becoming the world's largest social network. It revolutionized digital communication, growing to billions of users through rapid, strategic expansion and major acquisitions like Instagram and WhatsApp, ultimately rebrandin as Meta Platforms.
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Origins and Early Development
Originally called "Thefacebook" the platform was created to connect students within Harvard University, allowing them to post profiles, photos, and status updates. Due to its popularity, it quickly expanded to other Ivy League universities, Boston-area colleges, and eventually all US educational institutions by the end of 2004. A key moment for its financial foundation was a $500,000 angel investment from Peter Thiel in June 2004, which provided the necessary capital for initial growth.