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Does Facebook have $3-4B in cash? I didn't think they had that much money. And even if they do, they wouldn't have much left after the deal to move other big p
by sahaj 15y ago
Does Facebook have $3-4B in cash? I didn't think they had that much money. And even if they do, they wouldn't have much left after the deal to move other big plans forward. I guess if they go public first, then it could happen.
- horatiumocian 15y agoFacebook may make $2B in profits this year. So I think they could come up with this cash. Also, they can give some of this amount in stock.
- nametoremember 15y agoIn profit? Source? (Not saying you're wrong - I just didn't know and would like to read about it)
- horatiumocian 15y agoHere it is: http://www.bloomberg.com/news/2011-05-03/facebook-is-said-to-expect-2-billion-in-2011-adjusted-earnings.html http://www.bloomberg.com/news/2011-05-03/facebook-is-said-to... To be more precise, it's $2B in EBITDA, not net profit.
- nandemo 15y agoBesides paying partly in stock, they can also borrow cash.