John Paczkowski

Recent Posts by John Paczkowski

Facebook: We're Big, Independent and Cash-Flow Positive

facebook-godzilla_350In August 2008, Facebook claimed 100 million monthly active users worldwide. By April 2009, the social networking outfit doubled that number. In July, it reached 250 million monthly active users. And now, two months later, Facebook has passed 300 million. Quite a milestone, but one that pales a bit in comparison to this one: Facebook is cash-flow positive.

“As of today, Facebook now serves 300 million people across the world,” founder and CEO Mark Zuckerberg said in one of his typically somnolent blog posts. “It’s a large number, but the way we think about this is that we’re just getting started on our goal of connecting everyone. We’re also succeeding at building Facebook in a sustainable way. Earlier this year, we said we expected to be cash flow positive sometime in 2010, and I’m pleased to share that we achieved this milestone last quarter. This is important to us because it sets Facebook up to be a strong independent service for the long term.”

This is important to us because it sets Facebook up to be a strong independent service for the long term.

Interesting remark. It would seem then that Facebook has no interest whatsoever in selling itself off to Google (GOOG) or anyone else. It would much rather go public.

UPDATE: A couple of quick points courtesy Facebook COO Sheryl Sandberg: Growth is apparently widespread, and while it’s true that 70 percent of Facebook’s user base is now outside the U.S., growth in the U.S. is not slowing.

[Image credit: San Francisco skyline by m.john16/Flickr]


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

Latest Video

View all videos »

Search »

I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik