Facebook Goes Beyond College, High School Markets

Michael Arrington

J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

Wednesday, April 26th, 2006

Facebook, which is rumored to be generating about $1m per week in revenue, is now allowing new users from corporate networks to join their social network (based on email address) in addition to high school and college students. Niall Kennedy was able to register using a microsoft employee email address. I was not able to register using my TechCrunch email – only certain companies are currently supported.

It makes sense for Facebook to continue to look for new markets (this was predicted previously). 85% of college students already use it – growth must come from a different group of users if they are going to be able to attract the $2 billion price tag they’ve been asking for.

Update: Inside Facebook lists the ten companies that are Facebook-enabled: Accenture, Amazon, Apple, EA, Gap, Intel, Intuit, Microsoft, Pepsi, PWC and Teach for America.

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