Facebook has $2B Revenue in 2010


As 2010 comes to an end Facebook now reports about $2B in revenue which is amazing for a number of reasons, not the least of which is that Facebook estimated revenue of closer to $1.5B (which was double the 2009 revenue) and not all that long ago Facebook was criticized for not being about to monetize at all. Now with 500+ active users it’s no wonder that Time recognized Mark Zuckerberg “Person of the Year 2010,” however one might wonder if Zuckerberg’s promise to give a sizable portion of his enormous wealth to charitable causes wasn’t a result of trying to improve the image of Facebook after the Social Network movie which portrayed Zuckerberg as not so nice. However without question mark Zuckerberg’s efforts to develop Facebook have had a significant influence on the evolution of Social Media.

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