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I think we too easily forget how unthinkably big Facebook (mkt cap $735B) is. Here are some Facebook facts - a 
Peter Thiel's seed check was $500k for 7%.
Sean Parker bought the domain for $200,000 so that Thefacebook could become Facebook.
Sean Parker bought the domain for $200,000 so that Thefacebook could become Facebook.
Facebook's blue was taken from the background of The Carlyle Group's website. Blue worked because Zuckerberg, is colour-blind and canât see red or green.
At one point, Zynga was 80% of Facebook's API usage, 60% of their app DAUs, and 20% of overall revenues.
Researchers analysing Facebook 'likes' discovered the best predictors of high intelligence include âThunderstorms,â âThe Colbert Report,â âScience,â âCurly Fries,â whereas low intelligence was indicated by âSephora,â âI Love Being A Mom,â âHarley Davidson,â and âLady Antebellum."
They also found that good predictors of male homosexuality included âNo H8 Campaign,â âMac Cosmetics,â and âWicked The Musical,â whereas strong predictors of male heterosexuality included âWu-Tang Clan,â âShaq,â and âBeing Confused After Waking Up From Naps.â
Within 24 hours of the FB livestream of the Christchurch mosque shootings, users attempted to upload a version of the video 1.5 million times, and Facebook blocked 1.2 million of those, meaning that 300,000 copies managed to appear anyway.
In the first three months of 2019, Facebook's mods 19.4M pieces of content.
Between January and March 2019, it blocked 2B attempts to open fake FB accounts.
Between January and March 2019, it blocked 2B attempts to open fake FB accounts.
In CY Facebook grew revenue 37% to $56B, and generated more than $15B of free cash flow.
In July 2019, the FTC issued Facebook with a $5B fine. The previous largest fine had been $100M. 2 of the 5 FTC commissioners dissented, feeling that the settlement went too easy on Facebook.
Zuckerberg in June, 2004:
"Making cool things is just something I love doing, and not having someone tell me what to do or a timeframe in which to do it is the luxury I am looking for in my life."
"Making cool things is just something I love doing, and not having someone tell me what to do or a timeframe in which to do it is the luxury I am looking for in my life."
Zuckerberg in 2020:
"The big lesson from the last few years is we were too idealistic and optimistic about the ways that people would use technology for good and didnât think enough about the ways that people would abuse it."
"The big lesson from the last few years is we were too idealistic and optimistic about the ways that people would use technology for good and didnât think enough about the ways that people would abuse it."
