It's your mid-year Facebook revenue update; When we last spoke DST and Goldman Sachs' investment in Facebook has brought to light some interesting revenue numbers, namely that Facebook had a net income of $200 million in 2009, on a revenue of $777 million. While the Goldman documents did not give numbers for all of 2010, analysts and reports held that Facebook's income for the year could have been as high as $2 billion, with a net income of $600 million.
Read More: Report: Facebook Revenue Was $1.6B In First Half Of 2011, Net Income $500M
The casualties of print media's decline, as it is squeezed by online news
sources, go right the way down. When you add the current economic issues to
the m...
14 years ago