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It makes $20 million in revenue. I've read that they're profitable, but never the number.
by corresation 13y ago
It makes $20 million in revenue. I've read that they're profitable, but never the number.
- keypusher 13y ago32 employees * 100,000 = 3.2 million Let's say a million a year for office space and another million for infrastructure and bandwidth, seems like they were fairly profitable for what they had. No idea how Facebook plans to recoup $20 billion though.
- ulfw 13y agoNot with charging $1 a pop, that's for sure.
- ulfw 13y agoGoes to show that only 20 Million out of 430M paid the $1/year (which has something to do with it not being charged everywhere and people having a 1 year grace period and a majority of their target market having no credit card (young audience in emerging markets)). Let's see how Zuckerberg plans to change that drastically.
- err4nt 13y agoWith advertising or selling user information? That seems to be the most likely to me given Facebook's history