How to build a site?

How do I build a Social Networking site?

• Once I have an idea for a Social Networking site, how do I grow the site so that it's as big as Facebook. I am mainly unfamiliar with the business aspects of things. Ie. Did investors hear about Facebook and contact them to invest, or did the owners of Facebook seek out investors? What about the ads on Facebook? Did the creator of FB contact different companies to offer the opportunity to advertise of Facebook? Or, did companies seek out Facebook? How did they negotiate the cost to advertise? What are the different licenses needed? And did the creators of FB patent or copyright their idea or business plan to keep others from stealing it? Please provide any addtl info that you may have. Once FB became incorporated, I assume they had to get a business license to set up an office? Did the creators have to hire a whole team to run the companies (everything from a receptionist to programmers, accountants, legal staff) or were these roles outsourced? What are the pros and cons of hiring or partnering with a programmer to design and manage your site versus using a site builder? How about insurance? What type is needed? Also, legal issues, such as someone wanting to sue for some odd reason. How about the worry of hackers, and etc. Please provide any addtl info that you may have.

• Answer:

  Facebook and twitter both went out and got millions of dollars of investments bfore launching. Twitter to this day still losses millions of dollars a year, facebook however makes millions. So both companies hired large staffs once they got funding, an the ads came to them. Most are run through huge publishers.