![]() ![]() Mark Zuckerberg, Andrew McCollum, Chris Hughes, Dustin Moskovitz, and Eduardo Saverin.įacebook - Business Model and Revenue Modelįacebook, a US-based online social media and social networking website is owned by Meta Platforms. Meta Platforms (formerly known as Facebook, Inc) Facebook - Company Highlights Startup Name Know more about the Meta-owned company, Facebook, and how it is helpful to us, its business model, startup story, and much more by reading this article further. It also noted that the bottom-up, peer-to-peer networking of Facebook users makes it easier for businesses to connect with customers about their services and goods. Members may establish accounts, upload photos, join established communities, or start their own.įacebook's popularity stems in part from creator Mark Zuckerberg's insistence from the beginning that members be truthful regarding who they really are, as phoney pages are just not permitted.Īccording to the company's business, transparency is necessary for developing interpersonal relationships, exchanging information and recommendations, and strengthening society as a whole. Facebook is free to use, yet ads on the platform provider for the bulk of the gross profitability. Mark Zuckerberg, along with other three Harvard University undergraduates, launched Facebook in 2004. And doing so – browsing content on Facebook– does not need creating your new Facebook profile.įacebook is an American online social networking website owned by Meta Platforms. Although the company, Facebook, began as a social network for particular college students, it has now evolved into an important tool for day-to-day socialising and business professionals.Īs a small company owner, Facebook may be precisely what you need to find potential workers, get new clients, or see what your competitors are up to. In the world of digitalisation, there are only a handful of people who are not on this social media platform, Facebook. ![]() The content in this post has been approved by Facebook. Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations.
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