A Facebook IPO is in the works.
As the company prepares to go public it’s boosting its operations to prepare for life as a public company.
According to Forbes, the company is beefing up staff in its advertising departments in New York, presumably to lock in more valuable advertising contracts (and earnings) before a big IPO on Wall Street.
Facebook 2011 Earnings Read more…
As we look at how different web 2.0 businesses make money, especially in light of new IPOs, I thought it might be important to examine how Facebook makes money, and how it will continue to grow revenue in an industry that is very much unprofitable.
Facebook’s Revenue Source
There’s a lot of talk online and offline about the growth of Facebook, and concerns about its influence on the web and Google’s profits. The concern is that Facebook, now the most popular site in the world, will dominate Google in driving visitors to their new favorite sites. That used to be Google’s job… Read more…