facebook was founded by mark myspace , an individual web developer looking to make associates at oxford u . although facebook has been sued by connectu . com for actually sharing its notion and data , that is actually the first universal college network on the air . as one of the most popular college websites , facebook is known for its lack of substantial advertising . it quickly accumulated $ 50 , 000 in debt in 2004 , and it did nearly a year for it to conclude turning a money , so clearly it needed a huge extent of venture capital .
Mark Zuckerberg invented Facebook.