1) I think FB actually did almost $2B in revenue: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/01/18/businessinsider-facebook-isnt-growing-as-fast-as-

1) I think FB actually did almost $2B in revenue: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/01/18/businessinsider-facebook-isnt-growing-as-fast-as-google-did-in-its-early-days-2011-1.DTL http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/01/18/... 2) I think the best analogy is to 2003. At that time, when people started to talk about Microsoft vs. Google, I was like, "huh? What do you mean? Google does search and MS makes operating systems." It was after the IPO, with Gmail, that Google moved on from being a category killer in search to just demolishing so many other verticals (Gmail, Maps, Docs and more recently Chrome, Android) and taking the throne from MS. If history repeats, it will be over the next two years -- probably when Facebook launches social search, and it's really good -- that the game will have decisively shifted. PS: I'm sure you didn't meant it this way, but pointing to the revenue scoreboard is what Microsoft employees did and still do when talking about MS vs. Google. MS still makes more money than Google and always has. The top dog title is about mindshare/rate of growth/poaching ability in addition to revenue.