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The founders had initially limited the website's membership to Harvard students; however, later they expanded it to higher education institutions in the Boston area, the Ivy League schools, and Stanford University.Facebook gradually added support for students at various other universities, and eventually to high school students as well.the benefits are many." Six days after the site launched, Harvard seniors Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra accused Zuckerberg of intentionally misleading them into believing that he would help them build a social network called Harvard They claimed that he was instead using their ideas to build a competing product.

The Facebook name comes from the face book directories often given to United States university students.Facebook is an American for-profit corporation and an online social media and social networking service based in Menlo Park, California.The Facebook website was launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates, Eduardo Saverin, Andrew Mc Collum, Dustin Moskovitz, and Chris Hughes.A company representative called the milestone a "quiet revolution." In November 2010, based on Second Market Inc.(an exchange for privately held companies' shares), Facebook's value was billion.The Facemash site was quickly forwarded to several campus group list-servers, but was shut down a few days later by the Harvard administration.

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