Wednesday, August 01, 2007

Blodget: Time to Update Facebook Revenue Estimates

"Henry Blodget submits: That Facebook rate card Valleywag published Tuesday? It was from February. And, yes, February was eons ago, but who would have suspected that Facebook would have doubled its sponsorship rates in the meantime?
Well, it seems it has. Valleywag's Owen Thomas reveals the June rate card.
Let's see, 150 group sponsorships times $300,000 per sponsorship for three months ($1.2 million per year), and you're at $180 million in revenue. And that's before the homepage sponsorships. And the $200 million three-year display deal with Microsoft (MSFT). Etc."