Facebook Is Cash-Flow Positive, Tops 300M Users
Facebook used TechCrunch50 to announce two pieces of good news from the social-networking giant: The 300 million-user benchmark has been topped, and the company is now cash-flow positive, TechCrunch reported.
According to TechCrunch, Facebook wasn’t expected to achieve positive cash flow until 2010, as it faced a $200 million gap in 2008 and has been spending at a rapid pace.
As far as the number of users, the site reached 250 million in July.
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