Facebook went from being a Florida LLC to a Delaware LLC as of July 1, 2004. Facebook is now a Delaware Corporation as of August 29, 2005. Mark Zuckerberg started Facebook with his college roommates and fellow computer science students Eduardo Saverin, Dustin Moskovitz, and Chris Hughes. Initially, the website was launched on February 4, 2004, for college students but soon expanded to allow anyone 13 or older to become registered users. By getting on Kirkland House's online mailing list and posting a few fliers at the beginning of school, the website attracted a lot of users. The site was such a success that in the summer of 2004, Thiel gave the site $500,001 as an angel investment. “I thought it was going to be a pretty safe thing to invest in,” said Thiel. We had a company founded after the bubble burst outside of California by the world’s most unlikely entrepreneur. Using his money to make a 10.2% investment in the company and get himself a seat on the board, Mark drops out of Harvard and moves to Menlo Park, California, to run the site with his partner, Sean Parker from Napster, named the President of Facebook. Most likely due to its instantaneous popularity and convenience, Facebook was dropped, and the site continues as Facebook. Zuckerberg, Moskovitz, and Saverin 2005 purchased the domain name www.facebook.com in May 2005 for $200,000 when it expired in May 2010. Thefacebook.com LLC partnership was formed thereafter on October 3, 2005. On March 28, 2006, a potential acquisition of Facebook was under negotiations, reportedly for $750 million, but the deal was rumored to have gone as high as $2 billion. The deal was ultimately turned down because Zuckerberg wanted to keep the site independent. This allowed many investments and 14 acquisitions between 2004 and 2009, Including Instagram, WhatsApp, and Threads.