Daily Archive: February 2, 2012

Facebook Made $1 Billion profit in 2011

In 2004 at the advent of Facebook Mark Zuckerberg refused to monetize the site. As Facebook started raising money they began to advertise in their own style. Still, the most popular site in the world was the subject of concern over whether it could really make money. They did. They made $3.7 billion which led to a 2011 profit of $1 billion. It’s not...