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SAN FRANCISCO (Reuters) - Facebook will likely be posting billions of dollars in revenue in five years, up from about $500 million this year (2009), according to Silicon Valley entrepreneur Mark Andreessen who sits on Facebook's board.
MySpace is believed to be in the $200M range for this year.
Google reported revenues of $5.19 billion for the quarter ended March 31, 2008, an increase of 42% compared to the first quarter of 2007
MSGupShup, a Twitter-like service in India, is getting a ton of buzz over here in the U.S., too. In an interview with CEO Beerud Sheth now says the service now has 20 million users Three months ago the service added advertising to messages. Three months in and they’re making $150,000/month in revenue. Not bad for a SMS-based service.