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Mark Andreessen

Board Member: Facebook Revenue Over $500 Million This Calendar Year

Authored by Jay Baage on July 6, 2009 - 10:30am.
Palo Alto – Facebook, currently the leading social network by audience size, will see over $500 million in revenues this year, according to entrepreneur Mark Andreessen, who sits on the company’s board. "This calendar year they'll do over $500 million," Andreessen said in an interview with Reuters, noting that Facebook has more than 225 million users, so revenue per user is still small.
tags: Social Networking | Investing | Facebook | Business Models | Mark Andreessen |