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You might be interested to know that Facebook is turning a profit, and has done for a while.

• michaelchisari 16y ago
  I don't disagree with that, however, their profits have not kept pace with their valuation, and their first profitable quarter was only last year. Furthermore, they've taken a huge amount of venture capital in order to get to this point, and have had to get more at points for increased infrastructure costs.
• koski 16y ago
  I often read this "Facebook is turning a profit" but could someone point me a reliable link where to read more about this? Or at least, does anybody know how much are they making profit?
  • mikeryan 16y ago
    Their were a bunch of articles late last year where they we're claiming that they were cash flow positive http://www.wired.com/epicenter/2009/09/facebook-makes-money-tops-300-million-users/ http://www.wired.com/epicenter/2009/09/facebook-makes-money-... This has been conflated with profitability. (Not that its too different)
• mikeryan 16y ago
  Yes, but most high growth publicly traded companies trade at 20-40x earnings (profits). Now Facebook has grown tremendously year over year, but this growth has to stop. They already claim 500M active users which is about 1/12th the world's population so their user base is really close to some maximum (3B?). How much higher can their profits actually go in order to match their current valuation?