Misc

Facebook 2009 Revenue To Top $500 Million in Ad Revenue

The big just keep getting bigger, at least if you are Facebook. During an interview with Reuters, Marc Andreessen who is a board member for Facebook said he expects the company's revenue to top $500 million this year and within five years it will have reached over a billion a year. Currently there are no public stock offerings at Facebook, but he said that it's a little ways off - meaning it's come sooner rather than later. He did say that Facebook is allowing some employee stock sales to Digital Sky, the Russian IT financial group that invested $200 million in Facebook back in May of this year.

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