“Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” (Albert Einstein)

Next task: business model for facebook

Facebook is one of the most popular Social Network and micro-blogging plattform in the world. It enables its users to share long text message, pictures, videos and chatting.
Facebook was started by Mark Zuckerberg, 23, while he was a student at Harvard in 2004. The general concept was to digitize the legendary freshman-year “facebook,” and allow students not only to gawk at one another’s photos but also to flirt, network, interact.

Eventually, the site moved beyond college to high-school networks, then company networks, then everyone. At the same time, it began adding features, most notably that allows you to track what your friends are doing on Facebook.

With so many users connected to the platform and using it on a regular basis, it is becoming an attractive destination for advertisers. Facebook business goal is simple: Increase the number of users using the service because this will help attract more advertisers.


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