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Facebook gets $500 million in funding
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01-03-2011, 11:51 AM
V_RocKs
Damn Right I Kiss Ass!
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Join Date: Dec 2003
Location: Cowtown, USA
Posts: 32,406
Quote:
Originally Posted by
tom3k
profit is expected to be around 2b this year.
they went cash flow positive sometime middle of last year.
Wrong... Revenue is projected to be that high.
Unfortunately they spend it all on overhead.
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