Those are crazy CPMs but I have heard that FB is making over $150 million a year (MySpace apparently made over a billion).
FB have been saying the reason the IPO/Acquisition is far away is that the buyers don't see them as a $7-10b company. Given their growth rate and the fact that this is still a crude business model I think Zuckerman and Co may be right!
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FB have been saying the reason the IPO/Acquisition is far away is that the buyers don't see them as a $7-10b company. Given their growth rate and the fact that this is still a crude business model I think Zuckerman and Co may be right!