Facebook isn’t making any money!!
July 6, 2009
Most commentators are slamming social media networks for their lack of money making potential.
However, according to Silicon Valley Insider, Facebook seems to be making money, they estimate;
$125 million from brand ads
$150 million from an ad deal with Microsoft
$75 million from virtual goods
$200 million from self-service ads.
These are not yet Google type numbers, but a lot better than most people think.
Posted by Ed CottonNext post Previous post
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