Tuesday, July 7, 2009

Facebook will generate $500 million in revenue in 2009

Facebook will generate $500 million in revenue in 2009, says Netscape founder Marc Andreessen, who serves on the social networking site's board. With its growing base of 225 million users, Facebook has publicly suggested that its primary focus will be on expanding its community as opposed to figuring out the most ideal models for revenue generation. Andreessen also says he believes that Facebook has the potential to generate billions of dollars in revenue in coming years.

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