Thursday, September 17, 2009

A Milestone for Facebook













Facebook blogged that it had gone "cash flow positive" in the previous quarter, achieving a target it had set for itself sometime next year.

We didn't touch upon it in this CNBC Power Lunch interview, but I wonder what all the public companies that have a $10 billion market cap (Facebook's imputed value) think of the strict SEC rules about disclosure they must abide by, when a guy who is basically a grad student can get away with doing a post and no analyst telecons?