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Zuckerberg on revenue, Google and FB Connect
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Zuckerberg on revenue, Google and FB Connect
Facebook CEO says company not going public anytime soon Facebook CEO Mark Zuckerberg says he's not worried about the company's valuation and doesn't feel any pressure to live up to the $15 billion pricetag put on the company when Microsoft invested $240 million in it one year ago."When you raise money you take the best valuation you can get," Zuckerberg said. Zuckerberg also played down Facebook's rivalry with Google when he was interviewed onstage at the Web 2.0 conference in San Francisco. The youthful exec admitted the company isn't making any "direct" money from its Facebook Connect platform but didn't directly answer a question about whether it's trying to raise money. He also confirmed that Facebook's annual revenue is in the "hundreds of millions" and said it's not going ... [ Read more ]
Video Length: 0
Date Found: November 06, 2008
Date Produced: November 06, 2008
View Count: 13
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