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Facebook is in a lot of the nominations. Are they really still a startup?
by zain 18y ago
Facebook is in a lot of the nominations. Are they really still a startup?
- brandonkm 18y agoTechnically yes, but actually no.
- newt0311 18y agoOut of curiosity, have they turned a profit yet? Last I heard, they were still getting more funding from selling shares.
- konsl 18y agoAccording to Dave McClure, they are going to pull in > $270M in revenue for 2008: http://www.backtype.com/url/500hats.typepad.com/comment/19091636 http://www.backtype.com/url/500hats.typepad.com/comment/1909... Not sure how much they need to become profitable.
- byrneseyeview 18y agoI believe that in an interview (http://ecorner.stanford.edu/authorMaterialInfo.html?mid=1567 http://ecorner.stanford.edu/authorMaterialInfo.html?mid=1567 , maybe), Zuckerberg said that they were profitable very early on, but decided to go for more growth.