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Facebookbillionusers

One million users isn’t cool.  You know what’s cool? A billion users.

Social network, Facebook, just exceeded 1 billion users. The announcement came today from Facebook Co-founder and CEO, Mark Zuckerberg.

“Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life,” said Zuckerberg of reaching the milestone.

According to CNN, it took Facebook six years to get 500 million users. Less than two years later, the company has hit the 1 billion mark; not too bad for a company that got its start in a college dorm room.

What does Facebook have in store for the future? According to Zuckerberg, the company is focusing on improving the mobile experience of its users. Half of Facebook’s users access the site at least once a month from their mobile device and over 100 million users only log into Facebook from their mobile device. Zuckerberg says that mobile “is the future,” which is why they are focusing on perfecting the mobile Facebook application.

Are you one of Facebook’s billion users?

FacebookThink you know everything there is to know about social media giant, Facebook? Check out these 10 fun pieces of Facebook trivia from Mashable.

  1. 96% of visitors to Facebook have returned within the past 30 days as of April 2012.
  2. The term “Facebook” has been the most searched term in the US for three years, starting the week ending on July 18, 2009.
  3. Facebook’s audience is 6% more female than male.
  4. Facebook become the top ranked website in the U.S. in 2010.
  5. American’s aren’t the only ones that love Facebook. It is the top overall site in Canada, New Zealand, Hong Kong and Singapore.
  6. One in every five page views in the U.S. occurred on Facebook.
  7. Facebook brings 400 billion page views a year.
  8. Users spend an average of 20 minutes on Facebook each time they visit.
  9. Ten states account of 52% of visits to Facebook. These states are California, Texas, New York, Florida, Illinoise, Pennsylvania, Ohio, Michigan, Georgia and North Carolina.
  10. New York City provides the largest volume of traffic to Facebook in the county.
Facebook ipo zuckerberg ticker 600

Photo From Mashable

Facebook went public today at a price of $38 per share. The social network giant offered 421,233,615 shares of its common stock which is now trading on the NASDAQ Global Select Market under the symbol “FB.” Facebook is offering 180 million shares of Class A common stock and selling stockholders are offering 241,233,615 shares of Class A common stock.

The company is now worth approximately $104 billion. By the end of the day, the price of each share is likely to increase, however it could settle down or even decrease over time. What do you think, is a social media company worth over $100 billion?