A Two-Minute History of Facebook Since its IPO

The video discusses Facebook's journey from its IPO to becoming a mobile-first company. Initially, Facebook faced challenges with the shift to mobile, but under Sheryl Sandberg's leadership, it successfully transitioned its advertising model. The company adopted a multi-app strategy, acquiring Instagram and WhatsApp, and spinning off Messenger. This strategy helped Facebook diversify its revenue streams, with mobile now accounting for over 80% of its income. Despite some failed ventures, Facebook's rapid growth has led Wall Street to overlook its mistakes, allowing Zuckerberg to continue his aggressive expansion strategy.

What was a major concern for Facebook after it went public?

• The shift of users to mobile phones

• The competition from other social media platforms

• The decline in desktop users

• The increase in advertising costs

Which company did Facebook acquire for $700 million?

• WhatsApp

• Instagram

• Messenger

• Snapchat

What percentage of Facebook's revenue comes from mobile?

• 70%

• 60%

• 50%

• More than 80%

How did Facebook's stock value change after implementing its mobile strategy?

• It decreased

• It remained the same

• It tripled

• It doubled

What is Wall Street's attitude towards Facebook's rapid growth despite some failures?

• They are highly critical

• They are indifferent

• They are planning to invest less

• They are supportive as long as revenue grows