Friday, June 18, 2010

Facebook 2009 Revenue Was Almost $800 Million

Facebook’s revenue in 2009 was nearly $800 million, and the company turned a part of it into a solid net profit, according to Reuters. That's a big deal for a company that, for the longest time, had no obvious long-term revenue model.

The number is significantly higher than earlier estimates of $500 million revenue in 2009, and even the projected $710 million revenue in 2010. Facebook, as usual, declines to comment on any of these numbers, but sometime in 2009. Facebook seems to have became cash-flow positive.

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When Was the Last Time 40% of all Humans Shared Something, Together?

I miss these sorts of huge global events where 40 percent of living humans share a chance to build something for others.