Quote:
Originally Posted by TheDoc
They made over a billion dollars in 2010, and cleared $100m net in the last quarter.
What are they at, 7 years? Largest site in the world, more world wide visitors than Google, and FB hasn't monetized even 1% of what they could?
While Google makes what FB does in two weeks, they are equal in traffic. This shows how much they can grow once they start to monetize everything - that's how damn big they are.
If Google is worth it, then FB is damn sure worth it.
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They didn't make a billion dollars or even $100m last quarter:
http://news.yahoo.com/s/ap/20110210/...uisition_talks
Quote:
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The sources said the company had 2010 revenue of $45 million but lost money as it hired and invested in data centers, according to the Journal.
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2010 revenue was $45 million for the year - and they lost money.
A company that only makes $45 mil in a year and in fact loses money is worth ten billion? Put down the fucking crack pipe.