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Old 06-19-2009
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Red face Is Facebook Profitable?
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Hi,

I’m new in this forum and this is my first post.

While surfing I came across a discussion where some say Facebook is not profitable yet. How this can happen? According to them it sells stock to cover expenses. What do you think? Any idea?
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Old 06-19-2009
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Re: Is Facebook Profitable?
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Hey Ahsen, Welcome to YC.

Just think of the asset value... think twitter was offered 700 million... Here are some stats

Twitter Alexa Rank: 38
Facebook Alexa Rank: 4

Facebook Indexed Pages 205,000,000
Twitter Indexed Pages: 88,000,000

Legal Technology - Twitter Spurns Facebook's $500M Buyout Offer

Looks like Facebook ofered twitter 500 million big boys... so they cant be living on baked beans on toast! Not sure how much the make, anyone else got any ideas? They do have advertising on there. I know Myspace make 25K a day for their homepage takeovers where they change the whole homepage style to advertise a film and that kind of thing.
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