Facebook has 901
million and short of 99 million to reach 1 billion users. Wow that’s insanely
huge. Just imagine the kind of social graph that facebook would own in the
future. Its mobile users count is also increasing with currently 500 million users as off march 2012. Its
first quarter revenue is $1.058 billion. Lot of interesting facts getting
unraveled in the
fourth amendment to its S-1 that it filed.
Instagram gets
approximately 23 million of shares and $300 million cash. Based on $100 plus
billion dollar valuation, instagram makes more than a billion dollar. That’s just
amazing for a less than 2 year old startup.
Also another known/interesting fact is that mark Zukerber’s
take home salary is gone drop from $500.000 thousand to just $1. Does it really
matter!. He has billions of dollar so who cares.
1 comment:
I think Facebook as an entity has amazing potential. The big questions are still about its' leadership and how the company will be managed going forward.
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