Late last year, we published a list of the top 10 IPO candidates of 2010. Leading that list was Facebook, which has grown to 400 million users and is finally starting to turn on the revenue pumps as it works toward its inevitable IPO. But this evening, the Wall Street Journal published an article penned by Jessica Vascellaro that may dash the hopes of anyone who thinks that will happen in the immediate future. The lengthy piece, which is well worth reading in its entirety, touches on quite a few issues related to Facebook’s history and its future, and largely revolves around CEO Mark Zuckerberg — who doesn’t sound all that keen to take his company public. While the article covers a lot of familiar territory about Facebook’s past, there’s plenty of new information too.
Revenues for 2010 could hit between $1.2 to $2 billion...!! by Mar 18
Social games maker Zynga's revenues are much bigger than what everyone, including us , has been reporting, a Wall Street source tells us.
Zynga, $250 million revenues and 60% EBITDA margins by Mar 18
25M$ revenues in 2009 with search deals, and the real business model is yet to come... by Mar 18
Google and Yelp are in advanced acquisition negotiations, we’ve confirmed from multiple sources. And while the deal isn’t done, we’ve heard that it’s very likely to close. The price is supposedly at least $500 million. Yelp was founded in 2004 as a way to let users leave reviews on local businesses.
Yelp has whispered that 2009 revenues will be around $30 million and are expecting $50 million or so in 2010 by Mar 18
Professional social network LinkedIn has just added its 60 millionth member, according to a Tweet issued by the company this afternoon. Over the past year, network has seen a significant amount of growth, especially internationally. As of last December, the network had 55 million members, so its grown by 5 million in less than two months.
$110M revenues according to Business Insider by Mar 19
Not figures of revenues or profit ? by Mar 19
The company was valued at around $1 billion in its last round of financing in 2008, and has been profitable for the past years by Mar 18
Estimates point to $250 million in 2009 revenue by Mar 18
$110 million in revenue in 2009 by Mar 18
$12 million in net revenue in 2009 by Mar 18