Company:Communities.com
| Headquarters | Cupertino, California , United States |
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Communities.com is a non-commercial, advertisement-free, Internet social networking Website that started in 1996 and is considered the first social network website in the world.[citation needed] Also, it is one of the oldest social network websites still operating.
History
Communities.com was originally funded by SoftBank, the Japanese investment bank, with an initial $120 million investment. By 2000, a total of approximately $200 million was invested and the company had over 200 employees. It is widely acknowledged as the first social network in the world.
The site grew to over 5 million registered users and it is estimated Communities.com was the largest social network until Myspace exceeded its size some years later.
Communities.com was originally located across from Apple headquarters in Cupertino, California. At the time, Communities purchased a number of high-profile Internet companies, including Microcosm, OnLive and The Palace.
In late 2000, Communities.com pulled their IPO with an initial $2.1 billion valuation. Six months later, Open Text Corporation made a $1.5 million investment[citation needed] before the company filed Chapter 7 in 2001. A Communities.com junior employee, who made less than $50,000 a year, purchased the social network for approximately $30,000 out of bankruptcy.[citation needed]
The site Communities.com was sold at a separate auction, which Patrick and Ingemar started with an offer of $5. They later purchased Communities.com at a much higher price[vague], but still cheap[why?]. In 2001, they had almost finished their studies, they felt that they could and should do something good with communities.com[according to whom?]; making an international community site where people from the whole world could come together and chat and have fun. So they developed an advanced community site instead.
Since then, the site is highly moderated by volunteer administrators. All pictures uploaded need to be manually authorized. The site has users from 185 countries with the highest number of users from Sweden followed by USA, UK and Canada.
Website outages
Communities.com experienced server problems in September through October 2011. As per one declaration by site admins, there has been a major breakdown of servers of this site, due to which users are unable to log into Communities.com.[citation needed] By the end of October 2011, new servers had been installed and the site was working efficiently once again.
Communities.com was also down for a period of time[vague] when the storm, Hurricane Sandy, hit the New York area. The site was down for quite some time, as it was being shifted to a new server according to the site's admins. It is again up online as on date (Feb 3, 2016). However many old users are not aware about its status and may never return.
References
External links
- The True History A chronology of Communities.com posted on November 14, 2000, by handle "The Ace of Nines", originally at FuckedCompany.com's message boards, after Electric Communities filed chapter 11.
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