I can remember the exact day my freshman year of college at Miami University when I signed up for Facebook.
I really had no idea what it was, but luckily, my tech-savvy roommate took the time to sit down with me and explain it–and from that day forward, I was hooked. Hours would pass in what seemed to be minutes when I was on Facebook, checking out people’s pictures, catching up with high school friends, reading what people had written on my wall and others’ walls.
I can honestly say, I had developed quite the addiction–but it felt good to know that I wasn’t alone. It seemed that this craze had enveloped nearly everyone I knew.
Well now, nearly five years later, Facebook is no dying medium–in fact, it just took the top spot among all social media sites. Hooray for Facebook! In order to obtain this spot, Facebook had to beat out the previous top-post position holder, Blogger.
Mark Hendrickson at TechCrunch says, “Facebook stands out from the others not only because it’s the most popular; it’s also the only one showing consistently healthy growth.”
Facebook was started by Mark Zuckerberg in 2004 as an exclusive social network that was at the time exclusively for Harvard students; however, it was about to hit the big time, and fast. “It was a huge hit: in 2 weeks, half of the student body at Harvard had signed up. Other schools in the Boston area began demanding a Facebook network.”
What went from a small idea has morphed into a social network that’s worth over $15 billion, making it the 5th most valuable internet company in less than 5 years.
So there you have it, from Facebook co-founder Chris Hughes, another huge success story that stemmed from a small idea. (with a lot of brains behind it!) But go ahead and give Facebook the credit it deserves, after all, us addicts are the ones that helped contribute to its success.