Facebook Gets Cashflow Positive, Makes Money
Facebook has revealed that it had started making money ahead of schedule. The company had not expected to start turning a profit until sometime in 2010. The news was revealed at TechCrunch 50 in San Francisco.
The positive change in the figures also comes on the back of its latest milestone; it has just reached 300 million active monthly users around the globe and is gaining about five million new users a week.
Facebook Crosses 300 Million Users. Oh Yeah, And They …
Facebook has revealed that it had started making money ahead of schedule. The company had not expected to start turning a profit until sometime in 2010. The news was revealed at TechCrunch 50 in San Francisco.
The positive change in the figures also comes on the back of its latest milestone; it has just reached 300 million active monthly users around the globe and is gaining about five million new users a week.
Facebook Crosses 300 Million Users. Oh Yeah, And They Just Went Cash Flow Positive. [Techcrunch]
