BizSugar.com › Social Media › Facebook\'s Buying Spree: Why Facebook Spent 22 Billion+ on 14 Companies #infographic

It’s hard to believe Facebook’s been around for over a decade. Sure, ten years isn’t all that long, but in the short history of the Internet a decade is quite a long time. Not many social media networks can boast that kind of longevity. Back in 2004 when Facebook was launched, AOL, Hotmail, MapQuest, and Ask Jeeves still reigned supreme. The Facebook, as it was first named, was at first meant to be a social network just for college students, but after spreading like wildfire at Harvard University, it soon expanded, first to other Ivy league universities and then quickly into schools in the UK. Then in 2006, it was opened to anyone with an email address.