![]() The year 2019 saw just two purchases, Chainspace, and GROKSTYLE, during February. However, in January 2018, Facebook acquired confirmo.io, a Government-issued ID verification platform based in Boston, USA and during July purchased Bloomsbury AI($30,000,000) and RedKix($100,000,000). ![]() ![]() Just a few million dollars each, which is no big deal for Facebook, whose IPO started out at $38 per share (in May 2012), and sits at roughly $93 per share in mid/late-August 2015. Some of Facebook’s smaller purchases include the domain fb.com, which it bought for $8.5 million in November 2010, and the hosting and sharing platform Drop.io, which it purchased for $10 million in October 2010. Other notable acquisitions include Instagram (purchased for $1 billion in April 2012) and Oculus Virtual Reality (purchased for $2 billion in March 2014). Facebook’s largest acquisition has been WhatsApp Messenger, which they purchased for $19 billion in February 2015. Eighteen years later, in 2022, Facebook (now named Meta) has nearly 2.9 billion monthly users! This number doesn’t even include Facebook’s acquisitions like WhatsApp and Instagram (to name a few).ĭuring this wave of extreme growth, Mark Zuckerberg has acquired 94 companies to date. Initially created solely for college students attending specific schools, it reached one million users in just ten short months after its inception. Facebook, or should we say, “The Facebook,” was launched by Mark Zuckerberg in February 2004.
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