Facebook said today that its global audience has grown to 300 million users and that it’s cash-flow positive. The social network’s CEO Mark Zuckerberg wrote in a blog post today that:
Earlier this year, we said we expected to be cash flow positive sometime in 2010, and I’m pleased to share that we achieved this milestone last quarter. This is important to us because it sets Facebook up to be a strong independent service for the long term.
[...] in Internet infrastructure — like I did once I got done reading. Earlier this month, Facebook announced that it has 300 million subscribers. The fantastic growth of the company is mirrored by the rapid [...]
[...] engine giant’s moneymakers, AdWords and AdSense. The company can now boast that it’s cash-flow positive thanks in large part to its self-serve ad business — and that it owns the lion’s share [...]
[...] an IPO is nigh, but could also just reflect Facebook’s recent announcement that it’s cash-flow positive. And $9.5 billion doesn’t include the preferred shares issued to [...]
go mike !!
r
Adds voice chat too.. http://news.cnet.com/8301-13772_3-10352684-52.html?tag=newsLatestHeadlinesArea.0