History of the Social Media Industry

The evolution of popular social media companies over the last decade.

Assembled by the team at [MediaFunnel](http://mediafunnel.com). Sign up for a [free trial](http://mediafunnel.com/pricing-plans/) of our social media management system. ;xNLx;;xNLx;Use MediaFunnel to:;xNLx;;xNLx;• Connect multiple users to multiple Twitter and Facebook accounts without sharing credentials. ;xNLx;• Prevent potentially harmful content from being published. ;xNLx;• Spread out your content for maximum exposure. ;xNLx;• Monitor your brand, engage your audience and support your customers.;xNLx;;xNLx;

2002-01-01 16:33:59

Tumblr

Founded by David Karp.

2002-12-17 16:47:34

linkedin

Founded by Reid Hoffman, Allen Blue, Eric Ly, Jean-Luc Vaillant, Lee Hower, Konstantin Guericke, Stephen Beitzel, David Eves, Ian McNish, Yan Pujante, Chris Saccheri.

2003-05-05 02:40:32

LinkedIn

Launched.

2004-02-01 00:24:40

Facebook

Founded by Mark Zuckerberg and Eduardo Saverin.

2004-02-01 00:24:40

Facebook

Thefacebook launched.

2004-02-01 06:16:37

Flickr

Launched.

2004-02-07 11:37:26

Flickr

Founded by Ludicorp, a Vancouver-based company founded by Stewart Butterfield and Caterina Fake.

2004-07-01 05:24:40

yelp

Receives $1 million investment from Max Levchin.

2004-08-06 17:10:48

facebook

Peter Thiel makes a $500,000 angel investment for 10.2% of the company. He now owns 4%.

2004-10-01 05:24:40

Yelp

Founded by Jeremy Stoppelman and Russel Simmons.

2004-10-01 05:24:40

yelp

Launched.

2005-03-01 09:58:54

FLIckr

Yahoo! acquires Flickr.

2005-10-01 08:49:24

yelp

Bessemer Venture Partners invests $5 million.

2006-03-12 09:15:17

Twitter

Founded by Jack Dorsey.

2006-04-01 08:11:55

facebook

Interpublic Group pays $5 million for a share in Facebook. It now owns 0.5% of the company.

2006-07-09 09:15:17

Twitter

Launched.

2006-10-01 16:18:36

Yelp

Receives $10 million from Benchmark Capital in its second round of venture funding.

2007-10-08 09:42:52

Facebook

Microsoft purchases a 1.6% share.

2007-11-01 16:33:59

tumblr

Launched.

2007-11-21 07:13:01

facebook

Li Ka-shing makes a $60 million investment. He now owns 0.75% of the company.

2008-02-18 01:47:27

yelp

DAG Ventures, Benchmark Capital, and Bessemer Ventures invest $15 million.

2008-06-07 13:44:37

LinkedIn

Sequoia Capital, Greylock Partners, and other venture capital firms purchase a 5% stake in the company.

2008-06-13 00:09:27

Cold Brew Labs, Inc.

Cold Brew Labs, creator of Pinterest, is incorporated.

2008-09-01 10:32:34

Foursquare

Founded by Dennis Crowley and Naveen Selvadurai.

2009-01-01 05:21:39

twitter

$35 million funding in 2009 comes from Institutional Venture Partners and Benchmark Capital, along with an undisclosed amount from Union Square Ventures, Spark Capital and Insight Venture Partners. Twitter is currently funded by Union Square Ventures, Digital Garage, Spark Capital, and Bezos Expeditions.

2009-01-01 23:42:42

Gowalla

Founded by Josh Williams and Scott Raymond.

2009-01-01 23:53:25

facebook

Eduardo Saverin gains 5% share and reaffirms title of co-founder.

2009-03-11 23:02:09

Foursquare

Launched.

2009-06-01 06:43:50

Quora

Founded by Adam D'Angelo and Charlie Cheever.

2009-06-21 15:18:19

Gowalla

Launched.

2009-12-01 05:16:41

Gowalla

Gowalla raises $8.4 million in a round of venture capital funding led by Greylock Partners and angel investors Chris Sacca, Kevin Rose, and Jason Calacanis.

2010-01-01 14:09:21

yelp

Elevation Partners invests $25 million.

2010-03-01 05:23:33

Quora

Receives $11 million in funding from Benchmark Capital.

2010-03-01 07:59:35

Pinterest

Launched.

2010-06-21 23:42:42

Quora

Launched.

2010-07-20 01:07:28

linkedin

Tiger Global Management LLC purchases a 1% stake in the company.

2010-08-11 12:49:45

twitter

Twitter announces a significant investment lead by Digital Sky Technologies ($800 million). This is reported to be the largest venture round in history.

2010-08-31 23:05:24

linkedin

LinkedIn acquires Mspoke.

2010-11-18 14:48:10

facebook

Accel Partners purchases an 8% share.

2011-01-21 23:45:04

facebook

Digital Sky Technologies and Goldman Sachs co-lead a $500 million investment in Facebook, valuing the company at $50 billion.

2011-03-01 11:30:45

twitter

35,000 Twitter shares sell for $34.50 each on Sharespost.

2011-05-16 10:53:01

linkedin

IPO occurs.

2011-06-28 22:35:51

Google+

Launched by Google.

2011-10-01 07:41:12

pinterest

Venture capital firm Andreessen Horowitz invests $27 million in Pinterest.

2011-12-01 20:00:00

twitter

Saudi prince Alwaleed bin Talal invests $300 million in Twitter.

2011-12-02 21:54:25

gowalla

Acquired by Facebook for an undisclosed sum.

History of the Social Media Industry

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