Facebook revenues reached $500 million in 2009, up from $300 million in 2008, according to Fortune editor David Kirkpatrick, who cites "well-informed sources" in his upcoming book, The Facebook Effect. Facebook expects revenues to reach $800 million in 2010.
Where did 2009's $500 million come from?
Self-service ads, which appear on the right side of the screen on Facebook, accounted for about $250 million to $300 million. They look like this:
Where did 2009's $500 million come from?
Self-service ads, which appear on the right side of the screen on Facebook, accounted for about $250 million to $300 million. They look like this:
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