![]() ![]() ![]() Thiel sold 16.8 million Facebook shares when the company went public in 2012 and earned roughly $640 million from this. In return, he gained 10% ownership and joined the company's board. Today, this number stands at almost 2 billion.įacebook accepted its first outside investment in 2014 when venture capitalist Peter Thiel invested half a million dollars in the company. Facebook reached the milestone of having 100 million active users in 2008. By the summer of 2004, the company was formally incorporated and had an office in Palo Alto, California. universities and eventually became available to the general public.įacebook saw rapid growth in its early days. The service quickly expanded to other U.S. The idea behind it was to create a social network for Harvard students. The social networking service was founded by Mark Zuckerberg and his college roommates. Meta was founded as FaceMash in 2003 and changed to Facebook in 2004. What's in this guide?įacebook, WhatsApp, and Instagram - are all apps that need little introduction and that helped Meta achieve a position where it is dominating the social media landscape. Looking to buy Meta shares? Or anticipating a decline in the share price and would like to profit from this opportunity using CFDs? In this guide, we will explore how traders can profit from price movements in the share price of Meta in either direction and provide traders with a better understanding of the Meta stock. ![]() Meta is one of the world's most valuable companies and derives the majority of its revenue from advertising. is a multinational technology company with headquarters in Menlo Park, California. operating as "Meta" - and previously known as Facebook Inc. ![]()
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