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Facebook surpasses 300 million users and becomes Free Cash Flow Positive

Discussion in 'Facebook' started by facebookapp, Sep 17, 2009.

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  1. #1
    Facebook has announced that its total number of active users has reached to 300 million. This was stated on 15th of September, 2009. Not long ago, on 15th July, 09, Facebook officially revealed that it has crossed 250 million monthly active users (MAU) successfully and was pursuing to surpass 300 million MAU by the end of this year.

    But Facebook has unbelievably shown tremendous growth has achieved the target quiet earlier. Within 75 days, it gained 50 million more users which means 670, 000 million users a day. What is even more remarkable and inspiring is its "Free Cash Flow Positive" ahead of the schedule. Earlier, the goal was expected to be achieved somewhere in 2010.

    This was announced in the company´s blog post by Facebooks CEO Mark Zuckerberg yesterday as:
    "We´re also succeeding at building Facebook in a sustainable way. Earlier this year, we said we expected to be cash flow positive sometime in 2010, and I´m pleased to share that we achieved this milestone last quarter. This is important to us because it sets Facebook up to be a strong independent service for the long term".

    For your information, "Free Cash Flow" is the total amount of money for the distribution among all Security holders of a company. If Free Cash Flow is positive, it means that company has earned enough cash for making disbursements to the security holders. If it is negative, it means that Company has not generated enough revenue to pay its security holders.

    Such great news from Facebook is no doubt a shock for its rivals as Facebook grows exponentially and becomes a success world wide. These landmarks have ensured that Facebook will continue to be the Future of Social Networks.
     
    facebookapp, Sep 17, 2009 IP
  2. msafi

    msafi Member

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    #2
    Facebook is a great application. Zuckerberg seems like a true leader. I'm happy for their success.
     
    msafi, Sep 17, 2009 IP
  3. downloadvyp

    downloadvyp Peon

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    #3
    that is so great! so many users! none can match them
     
    downloadvyp, Sep 17, 2009 IP
  4. StudentLife

    StudentLife Peon

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    #4
    I noticed this earlier today; congrats for Facebook in starting to turn a profit from this stuff! I bet it was pretty hard for the to go for so long and no money coming in... but if you can have positive cash flow in a recession, then imagine how much you could make when the economy comes back?
     
    StudentLife, Sep 17, 2009 IP