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Andreessen: Facebook Revenues To Pass $500 Million in 2009, Wouldn’t Sell Shares Yet
published 248 days, 1 hour, 58 minutes ago posted by http://jonnyboats.wordpress.com/http://jonnyboats.wordpress.com/ 248 days, 21 hours ago
Tuesday, July 07, 2009 4:26:00 PM GMT Monday, July 06, 2009 9:24:06 PM GMT
Andreessen: Facebook Revenues To Pass $500 Million in 2009, Wouldn’t Sell Shares Yet

Entrepreneur Mark Andreessen, who sits on Facebook’s board of directors, said in an interview today with Reuters that Facebook will see $500 million in revenues in 2009. He also said he expects Facebook will be doing “billions in revenues” in 5 years, and employees who sell their shares now are “making a mistake.” Speaking on the same day that his new VC firm, Andreessen Horowitz, was announced, Andreessen said that Facebook could be making much more money than it is today if it wanted to. “If they pus...

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tags: Facebook

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