BNET Industries
- Private
- US
Dow Jones Description
Founded in February 2004, Facebook is a social utility that helps people communicate more efficiently with their friends, family and coworkers. The company develops technologies that facilitate the sharing of information through the social graph, the digital mapping of people's real-world social connections. Anyone can sign up for Facebook and interact with the people they know in a trusted environment.
Founder & Chief Executive Officer
Mark ZuckerbergNumber of Employees 600
Peer Companies
NAICS Code All Other Publishers: 511199
Recent Events
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Betanews Podcast: Transportation security, Facebook sensitivity, and you
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Facebook's New Privacy Rules Upset Users
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Facebook Launches Privacy Overhaul
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Facebook Halts Beacon, Gives $9.5M to Settle Lawsuit
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Google gets real
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Google Search Goes Real Time
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Facebook Info Exposed On Web With 'Everyone' Privacy Setting
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Google announces real-time search results
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3 Ways Facebook Is Improving Online Safety
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Joinred on Twitter, ASPCA on Facebook, and the UN World Food Program and DoubleTree
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In secret meetings, Comcast wooed GE and won NBC
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Facebook to Enhance User Safety Through Formation of Global Advisory Board
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Chat with Roku on hurdles to online video market
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Hulu U.S. video streams soar almost 50% in October, Google’s YouTube flat
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Facebook Holders Tighten Grip
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Social Networking Sells
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Facebook's New Dual Class Structure - Slow Steps to an IPO
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IHA Announces Social Media Tools for Association and Show
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Week in review: Modern Warfare 2 smashes records, Facebook co-founder’s Asana raises $9M
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Cloud hangs over Black Friday
News & Analysis
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facebook and operational accounting - All News and Analysis
Report: Facebook To Launch A Lala-Powered Music Gifting Service
PaidContent
- 2009-10-21
It seems like the rumor mill about Facebook launching a music platform starts churning violently right around this time every year. Last October, Facebook was in talks with the four majors for some kind of non-equity, non-licensed song-sharing deal. In October 2007, the company was supposedly launching a MySpace-like...
Facebook Says It's Cash-Flow Positive?Ahead Of Schedule
PaidContent
- 2009-09-15
Looking to fend off rampant speculation that it needed to raise additional cash, Facebook said in March that it expected be cash-flow positive by 2010. Facebook CEO Mark Zuckerberg now says the company has actually been cash-flow positive for the last quarter. No word on how much cash Facebook...
Facebook boasts positive cash flow
Financial Times
- 2009-09-15
Facebook says it now has more than 300m users and that its cash flow is positive, two milestones that re-emphasise its position as one of the fastest-growing internet sites.Mark Zuckerberg, its chief executive, made the announcements in a blog post on Tuesday. "It's a large number, but the way...
Facebook trials mobile payments
Strategy Eye
- 2009-08-31
Facebook is trialling mobile payments for the first time, in the latest sign that the social network is increasingly focusing on virtual payments, alongside advertising, in its efforts to reach profitability. Under the trial, which Facebook describes as a ?very...
State Of Facebook
PaidContent
- 2009-08-24
And for his next trick, Mark Zuckerberg will boost the size of Facebook’s 1,000-person staff by as much as 50 percent this year while trying to stay in start-up mode and reach positive cash flow next year.During an interview with Bloomberg News, at least the published part, Zuckerberg almost...
Can Celebs Make Money Shilling Virtual Goods On Facebook?
PaidContent
- 2009-08-13
Britney Spears has launched a line of branded virtual goods on Facebook, making her the biggest-name artist yet to team up with the social network on an e-commerce play. The $2 gifts include little profile badges like birthday cakes, which members can buy for themselves or for friends. Spears...
PlaySpan Amps Up The Social Network Payment Wars
PaidContent
- 2009-08-04
We've recently seen an influx of fundings and acquisitions in the online payment space—particularly related to social gaming—and with good reason. As more people get comfortable with the idea of paying for virtual goods or other merchandise on their social networks, there's a definite opportunity for a third-party to...
Tech Law: Oracle Sues for Payment, Facebook Hot Water, More
BNET
- 2009-08-03
Oracle sues Qtrax over alleged bounced check; Facebook in hot water over user faces being paired with ads; Spansion expects to exit bankruptcy this year; Apple gets to tell Google "We're better than you are" in the U.K.; student sues Amazon over withdrawal of 1984 from Kindles, and the student's...
MySpace Still Short on a Digital Fix and $100M in Revenues
BNET
- 2009-07-23
MySpace has yet to deliver the digital fix to Fox Interactive Media that News Corp. expected when it paid $580 million for the social-networking unit three years ago. Instead, MySpace will begin emulating rivals Facebook and Twitter in an effort to offset an anticipated $100 million-plus annual revenue shortfall stemming...
Why Freemium Works For Software
BNET
- 2009-07-07
Chris Anderson's most recent crusade, which he makes in The Future of a Radical Price, isn't actually very radical. However, his conclusion -- which is that businesses should embrace "free" as a pricing concept -- has triggered several rounds of arguments among finance writer Malcolm Gladwell, venture capitalist Fred Wilson,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mark Zuckerberg | Founder & Chief Executive Officer |
| Adam D'Angelo | CTO |
| Sheryl Sandberg | Chief Operating Officer |
| Chamath Palihapitiya | Vice President, Growth, Mobile and International |
| Dan Rose | Vice President, Business Development |
| Dustin Moskovitz | Co-founder & Vice President Engineering |
| Elliot Schrage | Vice President, Communications and Public Policy |
| Jonathan Heiliger | Vice President, Technical Operations |
| Matt Cohler | Vice President, Product Management |
| Scott Murphy | Vice President, Sales |
| Ted Ullyot | Vice President & General Counsel |
| Ethan Beard | Director of Business Development |
| Rudy Gadre | General Counsel |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David Sze | Board Observer |
| James W. Breyer | Board of Directors |
| Marc L. Andreessen | Board of Directors |
| Paul Madera | Board Observer |
| Peter Thiel | Board of Directors |
Mark Zuckerberg is the CEO of Facebook, which he founded in 2004. Facebook is a social utility that helps people communicate more efficiently with their friends, families and coworkers. Mark is responsible for setting the overall direction and product strategy for the company. He leads the design of Facebook's service and development of its core technology and infrastructure. Mark attended Harvard University and studied computer science before moving the company to Palo Alto, California.
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Founder & Chief Executive Officer | Current |
| Facebook Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | CTO | Current |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Chief Operating Officer | Current |
| Denis Bouchard Photographie | Chief Operating Officer | Current |
| Rock Out Karaoke | Chief Operating Officer | Current |
| Minnelightroom | Chief Operating Officer | Current |
| John Negretti | Chief Operating Officer | Current |
| Threeohsix.Org | Chief Operating Officer | Current |
| DO Linux Now | Chief Operating Officer | Current |
| Women and Company | Board of Directors | Current |
| Insureco Marketing LLC | Board of Directors | Current |
| Starbucks Corporation | Board of Directors | Current |
| Extend Benefits Group LLC | Director | Current |
| Leadership Public Schools | Board Treasurer | Current |
| Expanded Small Group Health Insurance | Director | Current |
| eHealth, Inc. | Board of Directors | Current |
| Starbuck Company | Board of Directors | Current |
| Cooney Enterprises, Inc | Director | Current |
| Google Inc. | Vice President, Global Online Sales & Operations | Former |
| The World Bank | economist | Former |
| McKinsey & Company, Inc. | Management Consultant | Former |
| Harvard Business School | Baker and Ford Scholar | Former |
| Harvard University | Master's Degree In Business Administration | Former |
| Harvard University | B.A. In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Colyerdev | Vice President | Current |
| Europarpm.Com | Vice President of Growth, Mobile and International | Current |
| Birmingham Food Not Bombs | Vice President of User Growth, Mobile and International Expansion | Current |
| Ibc/Ican Access | Vice President of Growth, Mobile and International | Current |
| Unblockmywork.Info | Vice President of Growth, Mobile and International | Current |
| Botproxy | Vice President of Growth, Mobile and International | Current |
| Denis Bouchard Photographie | Vice President of User Growth, Mobile and International Expansion | Current |
| John Negretti | Vice President of User Growth, Mobile and International Expansion | Current |
| Dephyr.Com | Vice President of Growth, Mobile and International | Current |
| Anyfool.Com | Vice President of Growth, Mobile and International | Current |
| Proxy Lucky CRM Proxy | Vice President of Growth, Mobile and International | Current |
| T1PROXY.Com | Vice President of Growth, Mobile and International | Current |
| Djkristoff.Com | Vice President | Current |
| Proxy-Site.Biz | Vice President of Growth, Mobile and International | Current |
| Rcx1.Com | Vice President of Growth, Mobile and International | Current |
| Hidemytail.Com | Vice President of Growth, Mobile and International | Current |
| Katuaba.Com | Vice President | Current |
| Sinotech Technology Ltd. | Vice President | Current |
| Bcucu | Vice President | Current |
| Threeohsix.Org | Vice President of User Growth, Mobile and International Expansion | Current |
| Minnelightroom | Vice President of User Growth, Mobile and International Expansion | Current |
| Inetfreely.Com | Vice President of Growth, Mobile and International | Current |
| Throughproxy.Com | Vice President of Growth, Mobile and International | Current |
| Evadefilter | Vice President of Growth, Mobile and International | Current |
| The Youth Congress | Vice President | Current |
| Facebook Inc. | Vice President, Growth, Mobile and International | Current |
| Recon Proxy - Unblock | Vice President of Growth, Mobile and International | Current |
| Urban-Warfare.Net | Vice President of Growth, Mobile and International | Current |
| Rock Out Karaoke | Vice President of User Growth, Mobile and International Expansion | Current |
| DO Linux Now | Vice President of User Growth, Mobile and International Expansion | Current |
| Facebook Inc. | Vice President, Product Marketing and Operations | Former |
| Mayfield | Principal | Former |
| University of Waterloo | B.S. | Former |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Co-founder & Vice President Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Thelinkdenton | Vice President of Communications and Public Policy | Current |
| Urban-Warfare.Net | Vice President of Communications and Public Policy | Current |
| Europarpm.Com | Vice President of Communications and Public Policy | Current |
| Sinotech Technology Ltd. | Vice President of Communications and Public Policy | Current |
| Djkristoff.Com | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Birmingham Food Not Bombs | Vice President of Global Communications, Marketing and Public Policy | Current |
| Proxy-Site.Biz | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Hidemytail.Com | Vice President of Communications, Public Policy and Platform Marketing | Current |
| DO Linux Now | Vice President of Global Communications, Marketing and Public Policy | Current |
| Facebook Inc. | Vice President, Communications and Public Policy | Current |
| Colyerdev | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Inetfreely.Com | Vice President of Communications and Public Policy | Current |
| Dephyr.Com | Vice President of Communications and Public Policy | Current |
| Throughproxy.Com | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Anyfool.Com | Vice President of Communications, Public Policy and Platform Marketing | Current |
| John Negretti | Vice President of Global Communications, Marketing and Public Policy | Current |
| Rcx1.Com | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Rock Out Karaoke | Vice President of Global Communications, Marketing and Public Policy | Current |
| Minnelightroom | Vice President of Global Communications, Marketing and Public Policy | Current |
| The Youth Congress | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Unblockmywork.Info | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Evadefilter | Vice President of Communications, Public Policy and Platform Marketing | Current |
| T1PROXY.Com | Vice President of Communications and Public Policy | Current |
| Katuaba.Com | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Proxy Lucky CRM Proxy | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Recon Proxy - Unblock | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Bcucu | Vice President of Communications, Public Policy and Platform Marketing | Current |
| Ibc/Ican Access | Vice President of Communications and Public Policy | Current |
| Botproxy | Vice President of Communications and Public Policy | Current |
| Denis Bouchard Photographie | Vice President of Global Communications, Marketing and Public Policy | Current |
| Threeohsix.Org | Vice President of Global Communications, Marketing and Public Policy | Current |
| Google Inc. | Vice President, Global Communications & Public Affairs | Former |
| Clark & Weinstock | Managing Director | Former |
| Columbia Business School | Adjunct Professor | Former |
| Harvard Law School | J.D. | Former |
| John F. Kennedy School of Government | J.D. | Former |
| John F. Kennedy School of Government | Master In Public Policy | Former |
| Harvard College | B.A. | Former |
| Harvard University | Bachelor's Degree | Former |
| John F. Kennedy School of Government | Bachelor's | Former |
| Harvard Law School | Bachelor's | Former |
| Harvard College | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Vice President, Technical Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Vice President, Product Management | Current |
| Facebook Inc. | Vice President, Strategy and Business Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Vice President & General Counsel | Current |
| Kirkland & Ellis LLP | Partner | Former |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Director of Business Development | Current |
| Google Inc. | Director of Social Media | Former |
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Greylock Partners | Partner | Current |
| Facebook Inc. | Board Observer | Current |
| Seven Networks, Inc. | Board of Directors | Current |
| LinkedIn Corporation | Board of Directors | Current |
| Softcoin, Inc. | Board of Directors | Current |
| Pandora Media, Inc. | Board of Directors | Current |
| Vudu Inc. | Investor | Current |
| Oodle, Inc. | Investor | Current |
| Facebook Inc. | Investor | Current |
| Excite | Senior Vice President of Product Strategy | Former |
| Excite@Home | Senior Vice President of Product Strategy | Former |
| Excite | GM | Former |
| Marakon Associates, Inc. | Management Consultant | Former |
| The Boston Consulting Group, Inc. | Management Consulting | Former |
| Crystal Dynamics | Former | |
| New Edge Networks, Inc. | Investor | Former |
| Softcoin, Inc. | Investor | Former |
| Claria Corporation | Investor | Former |
| Stanford Graduate School of Business | MBA | Former |
| Yale University | B.A | Former |
| Organization | Position | Status |
|---|---|---|
| Accel Partners | Managing Partner | Current |
| Pacific Community Ventures | Board Advisor | Current |
| Brightcove Inc | Board of Directors | Current |
| Rhapsody Unlimited | Board of Directors | Current |
| Prosper Marketplace, Inc. | Director | Current |
| Accel Partners | Director | Current |
| Maven Networks, Inc. | Board Member | Current |
| Model N, Inc. | Board Member | Current |
| Dell Inc. | Board of Directors | Current |
| Prosper Marketplace, Inc. | Board Member | Current |
| Western Association of Venture Capitalists | Director | Current |
| Facebook Inc. | Board of Directors | Current |
| BrassRing LLC | Board Member | Current |
| Accel-KKR, LLC | Board of Directors | Current |
| Marvel Entertainment, Inc. | Board of Directors | Current |
| Wal-Mart Stores, Inc. | Board of Directors | Current |
| BBN Technologies | Board Member | Current |
| PCV Investment Partners | Advisory Board | Current |
| RealNetworks, Inc. | Board of Directors | Current |
| Western Association of Venture Capitalists | President | Former |
| Apple Inc. | Marketing | Former |
| Hewlett-Packard Company | Marketing | Former |
| McKinsey & Company, Inc. | management consultant | Former |
| Netscape Communications Corporation | Former | |
| Harvard Business School | Board Member | Former |
| Harvard University | M.B.A. | Former |
| Stanford University | M.B.A. | Former |
| Harvard University | B.S. Degree | Former |
| Stanford University | B.S. | Former |
Marc Andreessen is Chairman and co-founder of Opsware Inc., the leading provider of data center automation software. Marc is widely recognized for his role in launching the Internet revolution in 1993, with his creation of the Mosaic browser while at the University of Illinois. After graduation, Marc co-founded Netscape Communications, and played a critical role in the company's hypergrowth. Andreessen later became CTO of AOL when the company purchased Netscape in 1999. As one of the technology icons of our time, Marc has received numerous accolades, was named one of the "Top 50 people under the age of 40" by Time Magazine in 1994, and graced the magazine's cover in 1996. With Mosaic and the Netscape browser, Marc's ideas created a platform that enabled individuals to access the Internet. Similarly, today Opsware is enabling businesses to take advantage of the massive business opportunities created by the web and new web-based architectures.
| Organization | Position | Status |
|---|---|---|
| OpsWare Inc. | Chairman and Co-Founder | Current |
| Facebook Inc. | Board of Directors | Current |
| eBay Inc. | Board of Directors | Current |
| Room to Read | Board of Directors | Current |
| Netscape Communications Corporation | Chief Technology Officer | Former |
| Netscape Communications Corporation | Co-Founder | Former |
| OpsWare Inc. | Board of Directors | Former |
| University of Illinois | Bachelor of Science Degree In Computer Science | Former |
Paul Madera was a founder of Meritech in 1999 and currently focuses on the storage, semiconductor and digital consumer sectors. He has been directly involved with Riverbed Technology, Corvis Corporation, 2Wire, PeopleSupport, Salesforce.com, and IntraLase, Inc. Prior to Meritech, Paul was Managing Director and Head of the Private Equity Group at Montgomery Securities/Banc of America. He began his career in finance as an investment banker with Morgan Stanley & Co. in New York. Before joining Morgan Stanley, he served in the United States Air Force as an F-16 Instructor Pilot and a member of the Air Force Liaison Office and representative to the Senate and House Armed Services Committees. Paul holds a B.S. from the United States Air Force Academy and an M.B.A. from the Stanford Graduate School of Business.
| Organization | Position | Status |
|---|---|---|
| Meritech Capital Partners | Managing Director | Current |
| Bluearc Corp | Founder of Meritech | Current |
| IntraLase Corp. | Team Member | Current |
| Corvis Corporation | Team Member | Current |
| Force10 Networks, Inc. | Board of Directors | Current |
| Bluearc Corp | Board of Directors | Current |
| Homestead Technologies, Inc. | Investor and Board Adviser | Current |
| Facebook Inc. | Board Observer | Current |
| Forescout Technologies, Inc. | Board of Directors | Current |
| OPENLANE, Inc. | Board of Directors | Current |
| Autotradecenter, Inc. | Board of Directors | Current |
| Montgomery Securities | Managing Director | Former |
| Meritech Inc. | Founder | Former |
| Meritech Capital Partners | Founder | Former |
| Meritech Inc. | Partner | Former |
| Morgan Stanley | Investment banker | Former |
| Montgomery Securities | Head | Former |
| United States Air Force | Instructor Pilot | Former |
| Tensilica Inc. | Board Observer | Former |
| Force10 Networks, Inc. | Board Observer | Former |
| Azul Systems | Board Observer | Former |
| Danger, Inc. | Board Observer | Former |
| 2Wire, Inc. | Board Observer | Former |
| Facebook Inc. | Board Observer | Former |
| Stanford Graduate School of Business | M.B.A. | Former |
| United States Air Force Academy | B.S. | Former |
| Stanford Graduate School of Business | B.S. | Former |
Peter Thiel was co-founder of PayPal, which he later sold to eBay in 2002 for $1.5 billion. Two years later, he became Facebook’s first outside investor, investing $500,000. It is estimated that his net worth is now about $1.2 billion. At the age of 40, Peter Thiel, is one of the wealthiest people in the United States. This self-made billionaire was also a child chess prodigy. He ranked seventh in the United States at age 12. He spent time at Credit Suisse before founding Thiel Capital Management in 1996. Renamed Clarium Capital Management 2002; firm now manages more than $5 billion in assets. Cofounded PayPal in 1998, sold to eBay in 2002 for $1.5 billion. Launched venture capital Founders Fund in 2005 with $50 million. He sits on board of Palantir, a computer analysis firm for goverment agencies. Peter enjoys running, hiking, surfing.
| Organization | Position | Status |
|---|---|---|
| Facebook Inc. | Board of Directors | Current |
Executive News
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Facebook as a time machine
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Harris: Facebook as a time machine, reconnecting us with our past and its players
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Internet Turns 40, Faces New Barriers
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Internet Turns 40, Faces New
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Internet development timeline
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Facebook Plans To Boost Staff
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Facebook as a time machine: reconnecting with our past and its players
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Facebook Sets Sights On Online Payments Business
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Facebook Sets Sights On Online Payments Business
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Key milestones in the development and growth of the Internet
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Key milestones in the development of Internet
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Careers: Facebook Continues to Hire, While Keeping Costs at Bay
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Non-profits next to test Facebook payment platform
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The BusinessWeek Best Seller List
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Digital Briefs: Facebook, Spotify, Outside Lands Fest
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Economy is a Bright Spot For Facebook
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Michael Robertson: Digital music's bad boy was right
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Facebook's forecast looks bright for 2010
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Facebook may expand staff by 50%
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Roundup: Jobs hard at work on new tablet, Wikipedia to review revisions on living people, and more
Industry Transcripts by Seeking Alpha
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Warner Music Group F4Q09 (Qtr End 9/30/09) Earnings Call Transcript
on Nov 24, 2009about WMG
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Image Entertainment Inc. F2Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about DISK
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Walt Disney F4Q09 (Qtr End 10/3/09) Earnings Call Transcript
on Nov 12, 2009about DIS
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Nexstar Broadcasting Group, Inc. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about NXST
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Gray Television, Inc. Q3 2009 Earnings Call Transcript
on Nov 09, 2009about GTN
Glass Door
Media Industry Companies
| Company | Employer Rating |
| CBS Corp |  |
| News Corp |  |
| Gannett | |
| Disney |  |
| Time Warner | |
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