From Paid Content, a tale of two very different eras:
Yahoo In 1996
Age: 1 year
Annual sales: $1.3 million
Net loss: $0.6 million
Total raised in IPO: $33.8 million
Market value at close: $848 million
Employees: 49
Facebook In 2012
Age: 8 years
Annual sales: $1.2 billion-plus
Net income: $355 million-plus (2010 estimates)
Last valuation: $50 billion
Employees: 2,000-plus
How telling and said it is that we live in a time where a company “Facebook” can generate 1.2 billion in revenue and have a 50 billion dollar valuation…all generated on the back of members….that seem to except the fact that”Facebook” generate billion from their content/information and returns no of this monetary value to its member community
http://www.factoetum.com/factoetum/How_to_add_a_fact
How telling and said it is that we live in a time where a company “Facebook” can generate 1.2 billion in revenue and have a 50 billion dollar valuation…all generated on the back of members….that seem to except the fact that”Facebook” generate billion from their content/information and returns no of this monetary value to its member community
http://www.factoetum.com/factoetum/How_to_add_a_fact
I think you mean 1996 for Yahoo!, not 2006.
I think you mean 1996 for Yahoo!, not 2006.
bruce, yes, I fixed that. Thanks.
bruce, yes, I fixed that. Thanks.
It would be interesting to compare where Facebook was at after 1 year to Yahoo! after one year, and Yahoo! after 8 years to Facebook after 8.
It would be interesting to compare where Facebook was at after 1 year to Yahoo! after one year, and Yahoo! after 8 years to Facebook after 8.
Yes, i agree with Nick… It would be cool to compare statistics both from start and both now.
Yes, i agree with Nick… It would be cool to compare statistics both from start and both now.