Today is Facebook’s seventh birthday, and while we aren’t sure what the company will be doing to celebrate, we wouldn’t be surprised to see the company announce the 600 million user milestone or perhaps even more.
Last year the company surpassed 375 million users, meaning that the company has continued to grow at a rapid pace — although the rate of doubling has definitely slowed. Over the past year, Facebook has released a large number of new products including Groups, Places, Deals, and new messaging platform.
Facebook has also experienced increasing attention over the company’s public offering which is expected to take place in April of next year. With the company’s valuation surging beyond $50 billion, it appears as though the social behemoth is unstoppable.
The company continues to experience continued growth with advertising, hopefully bringing in over $3 billion to $4 billion in revenue this year. With a new ad product recently released and Credits prepared to become an integral component of the Facebook platform, there’s no doubt the company will see an increase in revenue.
It will be interesting to watch the company over the next year and see how it evolves as Facebook speeds toward the much anticipated initial public offering.