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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.
Being a social site
their main revenues
are from Advertising,
E-com &
Applications check out
on
http://www.youtube.com/watch?v=zBIuZDjq_Is
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.