Answer to Question #166592 in Marketing for william

Question #166592

Read the article: History of Facebook In Photos by Mark Weinberger


  1. Give a summary/ explanation of the article in 2005
1
Expert's answer
2021-03-03T08:41:48-0500

Give a summary/ explanation of the article in 2005

Facebook got its first outside funding from PayPal cofounders Elon Musk and Peter Thiel of $500,000. Thiel because a prominent capitalist venture and Musk went ahead and founded Tesla and SpaceX. At this time Facebook had started a rapid ascent towards cultural superstardom. In May 2005, Facebook raised funding of $13.5 million. Mark Zuckerberg would hang out in the office barefoot, in shorts, and with a beer in his hand. They moved to the Palo Alto office and it was well-known for having risqué graffiti art on its walls.


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