Did you hear that Facebook filed its S1? I thought so…as did the entire world. There is some very interesting data coming out of the filing, including how many members it has (845 million monthly active users; 483 million daily active users), how much revenue it has (Revenue: $3.71 billion; net income: $1 billion), how many likes and comments per day (2.7 billion), how many photos uploaded per day (250 million) and how many friendship connections (100 billion).
So, what the Facebook S1 says to me is that not only are manymanymanymanymany people using social media, some are actually making some money off of it (see also LinkedIn, Zynga, Groupon, etc.)
What this means in my world is that I get to talk to folks about social media and give my perspective on the why’s and wherefore’s of it in a corporate world (or, at least Cisco’s world)…and more specifically in a corporate communications world. Read More »