Facebook's History: From Dorm To IPO Darling
May 18, 2012 11:00 AM Facebook's IPO brings the world's most popular social network into Wall Street's big league. After a wild ride, Facebook's future depends on profiting from an increasingly mobile user base.
Cultural Phenomenon
No longer a private club, Facebook quickly attracted users of all ages. It seemed everybody wanted to share daily, often mundane, details of their personal lives online. The service provided an easier way for extended families to keep in touch, too. Between August 2008 and April 2008, the social network doubled its number of active users from 100 million to 200 million.
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