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Facebook's Road Trip to IPO
2005: The Growth Trajectory Shoots up
Facebook enters high schools. As the expansion begins the investors follows and also the rivals who want to owe this growing bud. Washington Post Group, MySpace and Viacom/MTV attempted to track down Facebook this year, but as you see they failed.
2006: Catches the Giants Attention
Facebook expands to the public as it introduced work networks, allowing people with a corporate email address to join the network and also introduced News Feed, which collects friends' Wall posts in one place. Tech giants like Microsoft and Yahoo gets interested in Facebook. Microsoft signed a big advertising deal with Facebook, which lead to a promising relationship between the two companies. Yahoo tried to buy Facebook with $1 billion which was rejected as Yahoo’s stock dropped and the offer came down to $ $800 million.
