Facebook Investor: Site Will Make $100+ Mil In Revenue In 2007

Facebook Investor: Site Will Make $100+ Mil In Revenue In 2007

That was from Jim Breyer, from Accel Partners, the main investment firm invested into Facebook, speaking at Fortune iMeme conference, covered here by Eric. He was asked about whether Facebook would be sold: "The company will do well over $100 million in revenue, and profitable, and significant EBITDA positive this year. Right now our job is to build out the company as significantly as possible. In our case, sold best companies too early...sold Perabit to various networking companies, a series of our networking companies that today would have been possible IPO candidates."

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