I think your estimates of ... I think your estimates of Facebook's profitability off. Inside Facebook estimates 2009 revenues at 600-700 million: http://www.insidefacebook.com/2010/03/02/facebook-made-up-to-700-million-in-2009-on-track-towards-1-1-billion-in-2010/ Moreover, it's on track for over 1bn in 2010, partially on the strength of advertising rev. from social game developers. This makes it easy to see how Facebook can quickly realize 500m in ... |