3 ms·
I'm aware of these concepts, but they don't defeat my objection. The question is still open whether Facebook is in that region or in the "grow by a factor of te
by houseabsolute 16y ago
I'm aware of these concepts, but they don't defeat my objection. The question is still open whether Facebook is in that region or in the "grow by a factor of ten in the next year" region. Hard to predict the answer to that question.
- elblanco 16y agoI think you guys are both right. How early stage is FB is the golden question. Here's Google's track record (since everybody seems to want to compare the two even though they're in entirely different businesses in theory). https://investor.google.com/financial/2003/tables.html https://investor.google.com/financial/2003/tables.html Year Revenue %Growth 2001 86m 352% 2002 438m 409% 2003 1.4b 234% 2004 3.2b 118% 2005 6.1b 92% 2006 10.6b 73% 2007 16.6b 56% 2008 21.8b 31% 2009 23.6b 9% 2010 25b (est) ~9% Google was able to maintain growth doubling until 2006. Then the curve started to flatten out. Assuming FB is where Google was in 2003, they can grow. FB right now claims 500million users, but only about Google's 2003 revenue figures. In 2004, Google boasted they had 60million unique visitors. I'll leave the rest of the math up to the reader.