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Tag: "venture capitalists"

How Facebook generates revenue [INFOGRAPH]

on August 9, 2010 | Facebook | Comments (0)
How Facebook generates revenue [INFOGRAPH]

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 […]

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Foursquare has 60,000 users in Sydney, Business Survey

Foursquare has 60,000 users in Sydney, Business Survey

It is now estimated that there are 60,000 people in Sydney using the Geo-location mobile service – Foursquare. A recent survey of local businesses using Foursquare has generated some interesting responses. Only 10% of businesses using Foursquare said they would be willing to pay for the service. This is an alarming rate, especially considering Foursquare […]

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