Facebook strategic investment journey š!! ⢠launched in 2004 as "The facebook" for college students, creating exclusivity. ⢠Opened to the public in 2006, rapidly growing with the introduction of news feed. ⢠Monetized in 2008 with targeted ads using user data. ⢠Enabled third-party apps, boosting engagement through games like Farmville. ⢠Pivoted to mobile in 2012, acquiring Instagram to drive mobile ad revenue. ⢠Acquired WhatsApp and Oculus, expanding its tech ecosystem (2014-2020). ⢠Refined algorithms to enhance user engagement and ad targeting. ⢠Expanded into emerging markets, increasing the global user base. That's how facebook transformed cash burn into long-term growth through strategic investments. Share your views:)
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