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Eight Hundred Million in Revenue for Facebook

Facebook HQ
Creative Commons License photo credit: Mostly Muppet

Facebook says they are not going public. With earnings of $800 million in revenue for Facebook in 2009 alone they are poised to go public; however, its not a necessity for them either. The social networking site says they have no plans for an IPO. Maybe in the future, but for now they remain a privately held company.

Watch the Fox report

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Posted on June 22, 2010 14:07:46 by Blog Author Scott.Shields
Scott.Shields
View my profile http://www.metrobrokerstv.com/eight-hundred-million-in-revenue-for-facebook

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