Facebook future continue to be questioned because until now continued to lose money. Users also need to reach 200 million operational costs that are not small. Moreover, the social networking site user should be left proved to be vulnerable, such as occurs on Friendster and MySpace. Facebook can be mirrored on social networking sites that are older and also very successful MySpace are now experiencing problems. Though MySpace is successful because it gets highly profitable advertising agreement with Google. Also have wise parents, the media magnate Rupert Murdoch, and employs dozens of consultants around the world.
But MySpace quickly faded and forced him to stop the thousands of workers and closed offices around the world. Besides MySpace also left its founder Chris De Wolfe.
History of Facebook unlike many dotcoms that emerged several decades. Dotcom always said it was on track to soon break even point, after the IPO in the stock market or taken over by larger companies. But soon, the company could not survive and become financially bleeding.
Facebook on the contrary, continue to survive to become independent, although it also received a bit of capital from Microsoft and media companies came from Russia. But rumors that develops, Facebook will also be an IPO soon after appointed a new finance chief.
No doubt other than pride, to serve the number of users more than 200 million worldwide operational needs large. User activity around the world who continue to upload pictures and status, making the server needs must continually added.
Apparently it was realized by Facebook with raised Sheryl Sandberg as chief operating officer (COO). These women run a business when the founder of Facebook, Mark Zuckerberg, not in his office.
Seeing the background of Sheryl Sandberg, one can admire. He is an MBA graduate of Harvard and has spent time working as chief of staff in Bill Clinton’s administration and then occupied a high position on Google before moving to Facebook.
Sandberg asserted Facebook can raise money. And in 2010, Facebook will get a positive cashflow. “Not only cover all costs, but we’re making an investment in our growth worldwide and revenue from advertising to cover costs.”
Facebook said its revenue rose 70% year-on-year during the worst recession instead. But still, there is still much skepticism, social networking sites like Facebook can make money from advertising in the amount that can be relied upon.
Facebook has indeed become a well established business, with steady growth toward conditions that may generate a profit. But it also occurs in older sites, MySpace, a year ago that suddenly become less popular.
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