Facebook on track to make $1.1B revenue in 2010

On the other hand, they already have 400 million users, which is about 20% of the entire internet population in the whole world[1]. Part of me is thinking what exactly are they waiting for? Something tells me even if they were at 100% internet population, they would still be making meager profits and have an underwhelming IPO. But then again I'm a glass half empty kind of guy when it comes to Facebook.

[1]http://www.internetworldstats.com/stats.htm

All employees are not developers, however. There are apparently 1400+ employees (http://www.facebook.com/press/info.php?factsheet), so that would make 1.1B / 1400 = $786k per employee of revenue.

Here are some numbers to compare it to: http://money.cnn.com/magazines/fortune/fortune500/2010/perfo...

Apparently it's a bit over average for the "Internet Services and Retailing", but not as high as eg. Google.

As a matter of comparison, let's look at Google.

$23.6 bn in 2009 (don't have 2010 numbers, and don't want to speculate).

I don't know how many engineers they have, but I've heard the number 10,000 bandied about.

The below says about 20,600 employees total, so my hunch is that 10k might be a little bit high. http://investor.google.com/documents/20100331_google_10Q.htm...

Given the 23.6 bn is probably low for 2010, and 10,000 engineers is probably a bit high, the resulting value of 2.36 million is a lowball estimate. The real number is probably closer to, oh, say, $2,750,000 / engineer :D