reports that Facebook became the most visited website in the US for the
first time. Kind of takes your breath away that a social media site is getting
more traffic than the largest search engine in the US. Since Facebook
just went over 400 million users this was probably inevitable, but since...
Hitwise recently reported that 1 in every 4 pageviews in the US is on Facebook ,
and also incredible is Facebook's claim that people spend over 700 billion minutes per month on Facebook.
Astonishing growth made even more amazing by realizing that the second place,
and far behind Facebook, is YouTube...
With 2010 revenue of about $240 million
IPO $9.1 billion foreshadows an unbelievable value for Facebook when it has
an IPO. Particularly since Facebook had 2010 revenue of about $2 billion, and
most recent report of the Top Ten Social Networking Sites listed Facebook...