CNet News: Report: Facebook '09 revenues as high as $800 M **WHAT!!**
Saturday, June 19, 2010 10:24:01 PM
I was doing my Twitter rounds (Tweeting of course http://twitter.com/JerryZambrano ) when I ran into this recent article. Of course, I had to tell myself, "!!?? WHAT ??!!" Then I suddenly realized, "OMGods (BSG reference)" I have been spending a lot of time there lately. Many, including myself attribute this to Zynga's Farming games. I have to admit, I've been falling into their (Zynga) game application addiction. So here it is. My most recent and short blog entry.
"Social-networking powerhouse Facebook saw its revenues climb as high as $800 million in 2009, $100 million more than previously estimated, according to a media report..."
"... Industry blog Inside Facebook had previously estimated that Facebook made as much as $700 million in revenues last year, and Facebook board member Marc Andreessen said last year that the company would surpass $500 million in revenues for 2009. Privately held Facebook doesn't reveal specifics on its financial numbers...."
Full Article: http://news.cnet.com/8301-1023_3-20008246-93.html )












