Leaked report: Facebook earns about ONE DOLLAR per user - GoFuckYourself.com

$5 submissions · 01-20-2011, 08:47 PM

Source: http://www.smh.com.au/technology/tec...107-19hyt.html

Quote:

Facebook earned $US355 million in net income in the first nine months of 2010 on revenue of $US1.2 billion, according to documents that Goldman Sachs is providing to clients.

Goldman began hand-delivering copies of the 101-page private placement memorandum for the Facebook offering to its wealthy customers a little after lunchtime Thursday in New York, according to a person who received a copy.

The Goldman customer said he received a separate six-page financial statement containing information on the social networking firm.

The document provides some of the most detailed financial information to come to light about Facebook, which Goldman recently valued at $US50 billion in a separate, $US450 million funding.

That's about a buck per user. Is it worth the $50 B valuation. Regardless, FB is one hell of a buy when it goes public--just to ride the wave and then dump until it solidifies (if ever). FB = Yahoo of wall street circa 2012?

Agent 488 · 01-20-2011, 08:56 PM

well google is putting larry page as ceo to take on facebook in 2011 so there is a little more going on here than some new aol ..

$5 submissions · 01-21-2011, 04:27 AM

Quote:

Originally Posted by Agent 488

well google is putting larry page as ceo to take on facebook in 2011 so there is a little more going on here than some new aol ..

They are definitely worried about the fact that FB takes a huge chunk of content CONSUMPTION.

ottopottomouse · 01-21-2011, 04:45 AM

From another thread:

Quote:

Originally Posted by dyna mo

there's a reason fb won't go public- they would have to clean up their #s. when i worked for a social networking site way back when and we were preparing for our ipo, we were required to clean out all fake/duplicate/bad/dead profiles, that resulted in ~35% dropin profiles.

fb is no different. 500m peeps on fb? right.

Quote:

Originally Posted by ottopottomouse

Still 330m with your 35% chop. Puts the net income at about $1/year per member which sounds tiny.

I still think $1/year per member seems a ridiculously small amount.

seeandsee · 01-21-2011, 05:04 AM

Quote:

Originally Posted by $5 submissions

Source: http://www.smh.com.au/technology/tec...107-19hyt.html

That's about a buck per user. Is it worth the $50 B valuation. Regardless, FB is one hell of a buy when it goes public--just to ride the wave and then dump until it solidifies (if ever). FB = Yahoo of wall street circa 2012?

50b for 500 mil yr, what a shit

tranza · 01-21-2011, 05:05 AM

If I had US$1 per user of my sites I'd be a billionaire too.

DVTimes · 01-21-2011, 05:35 AM

its just so easy for some 10 year old smart arse make a better site and make facebook look old hat.

a few years ago myspace was the site.

cherrylula · 01-21-2011, 05:46 AM

yeah but getting every sister brother cousin aunt uncle high school friend to sign up ain't easy..... I love my FB

pornguy · 01-21-2011, 06:19 AM

Yeah those numbers just dont add up. these people are creating another internet bubble

CaptainHowdy · 01-21-2011, 06:21 AM

Ok.............

Barefootsies · 01-21-2011, 06:30 AM

Quote:

Originally Posted by pornguy

Yeah those numbers just dont add up. these people are creating another internet bubble

Get ready for the gold rush fine sire.

cooldude7 · 01-21-2011, 06:48 AM

fb will go down, soon or sooner

Paul Markham · 01-21-2011, 07:21 AM

Can't be right, we all know traffic is king. LOL

cherrylula · 01-21-2011, 07:24 AM

some of us have posted here a decade..... what's gfy outlook? LOL uhuh

HomerSimpson · 01-21-2011, 08:03 AM

looks to me just like another bubble...

JFK · 01-21-2011, 10:11 AM

Quote:

Originally Posted by cherrylula

some of us have posted here a decade..... what's gfy outlook? LOL uhuh

Run for the hills I'd say

01-21-2011, 05:05 AM	#6
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	If I had US$1 per user of my sites I'd be a billionaire too. __________________ I'm just a newbie.

01-21-2011, 05:35 AM	#7
DVTimes xxx Industry Role: Join Date: Jun 2003 Location: UK Posts: 31,544	its just so easy for some 10 year old smart arse make a better site and make facebook look old hat. a few years ago myspace was the site. __________________ The Affiliate Program

01-21-2011, 06:19 AM	#9
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Yeah those numbers just dont add up. these people are creating another internet bubble __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

01-21-2011, 06:21 AM	#10
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 93,344	Ok............. __________________ "Tjeezers.cam wishes you a nice day”

01-21-2011, 07:21 AM	#13
Paul Markham Too old to care Industry Role: Join Date: Jun 2001 Location: On the sofa, watching TV or doing my jigsaws. Posts: 52,943	Can't be right, we all know traffic is king. LOL __________________ Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500. PM me for a deal. Skype Paulmarkham70

01-20-2011, 08:56 PM	#2
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	well google is putting larry page as ceo to take on facebook in 2011 so there is a little more going on here than some new aol ..

01-21-2011, 05:46 AM	#8
cherrylula lol Industry Role: Join Date: Jan 2002 Posts: 15,969	yeah but getting every sister brother cousin aunt uncle high school friend to sign up ain't easy..... I love my FB

01-21-2011, 06:48 AM	#12
cooldude7 Confirmed User Industry Role: Join Date: Nov 2009 Location: Heaven Posts: 4,306	fb will go down, soon or sooner

01-21-2011, 07:24 AM	#14
cherrylula lol Industry Role: Join Date: Jan 2002 Posts: 15,969	some of us have posted here a decade..... what's gfy outlook? LOL uhuh

01-21-2011, 08:03 AM	#15
HomerSimpson Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Springfield Posts: 13,826	looks to me just like another bubble... __________________ Make a bank with Chaturbate - the best selling webcam program Ads that can't be block with AdBlockers !!! /// Best paying popup program (Bitcoin payouts) !!! PHP, MySql, Smarty, CodeIgniter, Laravel, WordPress, NATS... fixing stuff, server migrations & optimizations... My ICQ: 27429884 \| Email: