From Mark Zuckerberg’s blog:
“As of today, Facebook now serves 300 million people across the world. 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.”
Serving 300 million people is no mean feat – despite being dwarfed by their ultimate goal of ‘connecting everyone’.
And actually making money ahead of schedule is little short of incredible. More so considering the state of the world economy.
But cash flow positive does not mean making a profit. And being today’s big thing doesn’t guarantee success.
Anyone remember Netscape?
