4 ms·
Does anyone have any actual stats/data on this, beyond Facebook's own vague statement and the Techcrunch hype? Cash flow positive at any point in time, even su
by brk 17y ago
Does anyone have any actual stats/data on this, beyond Facebook's own vague statement and the Techcrunch hype?
Cash flow positive at any point in time, even sustained for a few quarters, does not equate to "profitable". They have raised almost a quarter billion dollars. Their investors would likely want a multi-billion dollar equity event out of this, if that were even possible.
Facebook has become very deft at public relations in the last few years. Things like the "$15B USD Valuation" spin when Microsoft bought some ads are one example. I am very hesitant to believe that this announcement is anything more than PR based off of something like "well, if you look at the numbers just right at a point in time we can claim to be CFP...".
- tokenadult 17y agoCash flow positive at any point in time, even sustained for a few quarters, does not equate to "profitable". They have raised almost a quarter billion dollars. Their investors would likely want a multi-billion dollar equity event out of this, if that were even possible. Those are very important financial points. It seems to me that the real estate business in the United States was largely cash-flow positive as recently as three years ago, three years after I was sure that it was all a bubble.