[6] Founded in Phoenix, Arizona, and later with headquarters in West Palm Beach, Florida (with offices in Scottsdale, Dallas, Los Angeles, Miami and Mexico), Quepasa Corporation owned Quepasa.com, one of the world's largest, bicultural and bilingual Latino Social Networks on-line.

In July, 2011, the company merged with teen social network myYearbook[7] Quepasa Corporation was founded by Jeffrey Peterson and co-founded by Michael Silberman in 1997.

In 1998 Quepasa raised US$20 million from private investors, including television broadcaster Telemundo and Phoenix sports businessman Jerry Colangelo.

Costa Rican president Jose Maria Figueres and former CNBC chief business commentator William Siedman joined the board of directors.

[7] In 1999 Quepasa invested tens of millions of dollars in thousands of outdoor Spanish-language billboard advertisements, network radio promotions and various national television brand-building campaigns featuring the music of its corporate spokesperson and investor, Gloria Estefan.

[citation needed] In 2010, an article published by Adweek noted "record setting numbers for Quepasa" in a "fierce latin social networking climate" with Facebook, Hi5, Tagged.com, Sonico and others.