During the first six months of 2011, Facebook, which has over 750 million active users, has reportedly earned $500 million on $1.6 billion of revenue. When compared to the $355 million earned on $1.2 billion of revenue during the first nine months of 2010, the financial indications of Facebook’s future look bright.
Facebook, who is rumored to have plans for an IPO in 2012, received an investment from Goldman Sachs earlier this year. The Goldman Sachs valuation of $50 billion indicated that
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