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Social Media By the Numbers: Facebook
by Tom Tsinas.
Social Media sites are all growing very rapidly. Facebook is leading the way by far, signing up over 150 000 new members daily.
In the coming weeks, I’ll explore each of the most popular sites ‘By the Numbers’. Here are some interesting facts about Facebook:
- Facebook was started in February 2004
– On August 23, 2005, Aboutface Corporation sold the domain name facebook.com to Facebook for $200,000
– Facebook has over 300 employees
– The website has over 40 Million active users
– Averages more than 150,000 new registrations per day.
– An average of 3 percent weekly growth since Jan. 2007
– Active users have doubled since Sept. 2006
– The site receives over 15 billion page views per month
- The most popular Facebook Video on YouTube has generated over 2,772,874 views:
– Facebook received ‘three rounds’ of funding : $500,000 from Peter Thiel in the Summer 2004, $12.7 million from Accel Partners in April 2005 and $25 million from Greylock Partners
– In April 2006, revenue was rumored to be over $1.5 million per week
- Facebook expects this year to have a profit of $30 million on revenue of $150 million.
- In May 2007, Facebook hits over 40 billion page views
- #1 photo sharing app on the web. 2.7 billion photos on site.
- More than 2000 applications. The Top 10 are: Top Friends, Video, Graffiti, MyQuestions, iLike, FreeGifts, X Me, Superpoke!, Fortune Cookie & Horoscopes. The smallest of these has over 4.5 million users.
– In September 2006, serious talks between Facebook and Yahoo! took place for the acquisition of Facebook, with prices reaching as high as $1 billion.
- In October, after Google purchased video-sharing site YouTube, rumors circulated that Google had offered $2.3 billion to outbid Yahoo!
– Peter Thiel, a board member of Facebook, indicated that Facebook’s internal valuation is around $8 billion based on their projected revenues of $1 billion by 2015
- A Neilsen//Netratings report revealed that MySpace beats Facebook in time spent among visitors between the ages of 12-17.
- Dual visitors to the sites spent an average of 398 minutes on MySpace and 93 minutes on Facebook.
- Average visitor stays 20 minutes
- Most growth is among people over age 25.
- The latest rumors being reported that Microsoft may invest a 5 percent stake in Facebook worth up to $500 million that would give the social networking site a valuation of $10 billion
Still that being said is Facebook really worth $10 billion?
As posted in Stats, Social Media, News on October 1, 2007.
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