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The Facebook name comes from the face book directories often given to United States university students.The company held its initial public offering (IPO) in February 2012, and began selling stock to the public three months later, reaching an original peak market capitalization of 4 billion, a new record.According to The Harvard Crimson, the site was comparable to Hot or Not and used "photos compiled from the online facebooks of nine Houses, placing two next to each other at a time and asking users to choose the “hotter” person".The Facemash site was quickly forwarded to several campus group list-servers, but was shut down a few days later by the Harvard administration.Additionally, users may join common-interest user groups organized by workplace, school, hobbies or other topics, and categorize their friends into lists such as "People From Work" or "Close Friends".
It’s the culmination of 13 years of education and should be celebrated to the fullest extent.
Facebook has more than 2 billion monthly active users as of June 2017.
Its popularity has led to prominent media coverage for the company, including significant scrutiny over privacy and the psychological effects it has on users.
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