business Overview
| HQ | placeSan Francisco Bay Area |
| Business | Social networking (Facebook, Instagram, WhatsApp) |
| Founded | access_time 19 years ago (founded Feb 4, 2004) |
TrueUp Trajectory Score | 89 /100 |
| Employees | 90,000 TrueUp Rank #16 |
| Valuation | $678 billion TrueUp Rank #6 all-time high: $985 B (-31%) 1 year ago: $496 B (+37%) 5 years ago: $491 B (+38%) 10 years ago: $62 B (+987%) |
| Public / Private | Public ($META) |
| Lists | Consumer Social FAANG+ |
Meta (Facebook) is a Social networking (Facebook, Instagram, WhatsApp) company with 504 job openings. It is currently valued at $678 billion as a public company. 90,000 people work at Meta (Facebook). The company was founded in 2004.
Meta (Facebook) grid
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local_atm Financials
| Valuation | $678 billion TrueUp Rank #6 52 wk high: $688 B (-1%) 1 year ago: $496 B (+37%) 5 years ago: $491 B (+38%) 10 years ago: $62 B (+987%) |
| Revenue trailing 12 months | $118 billion TrueUp Rank #9 |
| Revenue growth vs. same quarter last year | -4.5% TrueUp Rank #394 |
| MULTIPLES | |
| Valuation / Revenue | 5.7x |
| Valuation per employee | $7.5 million TrueUp Rank #264 |
| Revenue per employee | $1.3 million |
phonelink Products
| Top products | - Facebook app - Instagram (acq in 2012 for $1B) - WhatsApp (acq in 2014 for $19B) - Messenger |
| Other important products | - Oculus (acq in 2014 for $2.3B) - Workplace - Portal - Novi |
| Primary customer type | emoji_people B2C+business B2B |
| Is this really a tech company? | Definitely remove Network effects check Zero marginal costs to produce check Product improves over time check Zero cost to expand globally check Self-serve onboarding + Zero cost of sales |
emoji_people Culture
| Glassdoor employee reviews | 78% would recommend Meta (Facebook) to a friend (13,779 reviews) better than 54% of tech co's 65% approve of the CEO Mark Zuckerberg (2,808 reviews) worse than 83% of tech co's |
| Company mission | "Give people the power to build community and bring the world closer together." |
| Company principles | - Give People a Voice - Build Connection and Community - Serve Everyone - Keep People Safe and Protect Privacy - Promote Economic Opportunity |
| Company culture links | Facebook Lifenorth_east facebook.com/careers/facebook-life Facebook- Mission, Principles, Historynorth_east about.fb.com/company-info |
| Companies founded by former employees | - Asana (founded 2008) - Cloudera (founded 2008) - Quora (founded 2009) - Quip (founded 2012) |
| public Climate change efforts | Carbon-neutral target: 2030 |
code Open Source
| Open source citizenship | sentiment_very_satisfiedsentiment_very_satisfied Outstanding TrueUp Rank #15 |
| Top open source projects | ★ 207.6kfacebook / react ★ 109.6kfacebook / react-native ★ 99.8kfacebook / create-react-app ★ 66.9kpytorch / pytorch ★ 42.0kfacebook / jest ★ 32.6kfacebook / immutable-js ★ 25.8kfacebookresearch / Detectron ★ 25.1kfacebook / folly ★ 25.2kfacebook / rocksdb ★ 22.0kfacebook / flow ★ 20.3kosquery / osquery ★ 19.5kgraphql / graphql-js ★ 17.8kfacebook / relay ★ 17.7kfacebook / hhvm ★ 15.9kfacebook / prophet ★ 14.7kprestodb / presto ★ 8.0kapache / cassandra ★ 3.2kfacebookincubator / AITemplate ★ 21.7kfacebookresearch / llama |
rule Policies
| % of open jobs that are remote | 67% |
| home_work Remote work policy | Fully remote work is sometimes an option |
| public H1B sponsorships approved in 2022 | 163 TrueUp Rank #16 |
menu_book Popular books and movies
sentiment_dissatisfiednot available
history Other info
Associated billionaires (source:Forbes) | $42.2B - Mark Zuckerberg $6.2B - Dustin Moskovitz $6.8B - Eduardo Saverin $13.3B - Jan Koum $7.3B - Yuri Milner $2.1B - Jeff Rothschild $2.1B - Jim Breyer $2.4B - Brian Acton $4.2B - Peter Thiel $1.5B - Sheryl Sandberg $1.2B - Kevin Systrom |
| IPO date | May 18, 2012 (11 years ago) |
| Top owners at IPO | 28.2% - Mark Zuckerberg 11.4% - Accel Partners 7.6% - Dustin Moskovitz 5.4% - DST Global Limited 2.5% - Peter Thiel |
| Founder ownership at IPO | 35.8% |
| Implied founder equity split | 79% - Mark Zuckerberg 21% - Dustin Moskovitz |
| Unsuccessful products trending_down | - Facebook Home - Facebook Poke - Facebook Slingshot - Facebook Phone - Facebook Places - Facebook Deals - Facebook Questions - Facebook FBML - Parse - Facebook Beacon - Facebook Bonfire |