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>The company has been roughly doubling its revenues every year — 2007 came in at $150 million. We expect that trend to continue for the foreseeable future, maki
by jackowayed 17y ago
>The company has been roughly doubling its revenues every year — 2007 came in at $150 million. We expect that trend to continue for the foreseeable future, making Facebook a multi-billion dollar company within the next few years. The question is becoming how Facebook can hit the inflection point where its revenues increase much more quickly.
Um, doubling every year sounds pretty good. Can they, or any company that's hit that size and revenue level (it's easy to 10x or 100x your revenue when starting from near 0) really hope to do much more than double revenue yearly?