AUSTRALIAN SOCIAL MEDIA STATISTICS  |  SOCIAL MEDIA AGENCY  |  SOCIAL MEDIA EVENTS

How Facebook generates revenue [INFOGRAPH]

on August 9, 2010 | Facebook | Comments (0)

Facebook was launched in 2004 by Mark Zuckerberg for Harvard students to connect with eachother. After 1 month half of Harvard students had a profile. Now today Facebook has over 500 million users and is planning to generate $1 billion- $1.1 billion profit in 2010.

Have a look at the below infograph about how Facebook has got its funding from venture capitalists and their revenue generating products.

Facebook-Business

Image source: onlinephdprograms.com – PHD Online


David Correll : Editor and Founder of SocialMediaNews.com.au. I also run a Social Media Agency where I do consulting work and Social Media Management. Connect with me: Twitter | LinkedIn | Facebook or contact me here. Alternatively, you can send me an email at david@socialmedianews.com.au




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