Facebook to do over $1 Billion in Revenue in 2008

[bosshog]

http://www.techcrunch.com/2006/12/12/yahoos-project-fraternity-docs-leaked

[brlewis]

Article does not claim $1B 2008 revenue. It does cite a Yahoo projection of $1B revenue by 2015.

Actual 2006 revenues were $50MM.

[bosshog → brlewis]

But the 2015 projection was based on FB having 52 million active users.

It now has 58 million....and this is likely to be 100 million sometime in '08.

Hence the conclusion.

[bosshog]

in fact the projection was based on 48 million active users (92% of registered)...

[karma]

I think we can all agree that projections are meaningless.