Monday, July 6, 2009

ZDNet Mobile Reader story - Andreessen: Facebook could do $1 billion in revenue if it wanted to

Marc Anderseen is bringing up and important issue: how are web-properties such as Facebook and Twitter going to make money in the long-run? Investors are putting money into these without a solid revenue- or business plan. We have all seen this, haven't we? I am a Facebook user but have recently started wondering why?

"Andreessen: Facebook could do $1 billion in revenue if it wanted to"

Facebook will likely bring in "billions of dollars in revenue" in five years time and could even do $1 billion in revenue this year if it really pushed itself, board member Marc Andreessen told Reuters. Techmeme Instead, it's more important for Facebook - and even micro-blogging site...

ZDNet News - News Page One

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