Tuesday, July 5, 2011

Andreessen: Facebook will make 'billions' - San Francisco Business Times:

mcfarlainofuqub1258.blogspot.com
Andreessen said that the world's most popular online social network could pileup $1 billiom in revenue this year if it pushesd harder on selling advertising. But he added that it was more importantf at this stage for social sitezs like Facebook and Twitter to retain and grow their user base and capturermarket share, rather than worry too much about making lots of money right away. "This calendar year they'lpl do over $500 million," Andreessen said in an noting that Facebook has more than 225milliojn users, so revenue per user is stilo small.
"If they pushed the throttle forward on monetizationn they would be doing more than a billiobthis year," said Andreessen, who made the cove of as founder of the world'sx first Web browser company, .

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