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Facebook 'cash flow positive,' signs 300M users

Facebook founder and CEO Mark Zuckerberg says the social networking site has more than 300 million users, and earned more money than it spent last quarter.

In a blog post on Facebook, Zuckerberg wrote that the company was "cash flow positive" in the last quarter. He had previously projected that Facebook would meet that goal in 2010.

http://www.cbc.ca/technology/story/2009/09/16/tech-facebook-300-million-users.html

 

 

Posted: Sep 16 2009, 02:19 PM by Randy Knobloch | with no comments
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