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VK allows users to message each other publicly or privately; create groups, public pages, and events; share and tag images, audio, and video; and play browser-based games.Initially, founder and CEO Pavel Durov owned 20% of shares (although he had majority voting power through proxy votes), and a trio of Russian-Israeli investors, Yitzchak Mirilashvili (Mikhael Mirilashvili's son) and Lev Leviev, On , Group announced that it has decided to yield control of the company to Durov by offering him the voting rights on its shares.In December 2008 VK overtook rival Odnoklassniki as Russia's most popular social networking service.As with most social networks, the site's core functionality is based around private messaging and sharing photos, status updates and links with friends.User registration was initially limited to within university circles exclusively by invitation, but the site still grew quickly.In February 2007 the site reached a user base of over 100,000 and was recognized as the second largest company in Russia's nascent social network market.On 1 April 2014, Durov submitted his resignation to the board; at first, due to the fact the company confirmed he had resigned, it was believed to be related to the Ukrainian crisis which began in February of the same year.

The following month, the domain name was registered.

In 2010, this dispute was settled by the Russian Supreme Arbitration Court in favour of the social network.

The court ruled that VK is not responsible for its users’ copyright violations, taking into account that both parties agreed with the technical possibility to identify the user who posted illegal content and who, consequently, must incur the liability.

VK performed DDOS attacks on certain sites, making users' browsers send multiple requests to the target site without their consent.

The targets were the Runet Prize voting page in 2008 It was done by inserting an iframe and a piece of Java Script code which periodically reloaded the iframe.

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