Facebook Status
The company (NAS:FB) received an undisclosed amount of development capital from Sequoia Economic Infrastructure Income Fund on April 8, 2018 through a private placement.
Facebook Inc is the world's largest online social network, with more than 2 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Facebook refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktop. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada, and 25% from Europe. With gross margins above 80%, Facebook operates at a 40%-plus margin.
Profitable
Publicly Held
Formerly VC-backed
screams in @Drake https://t.co/dmP74RrmQn
🫣
The company (NAS:FB) received an undisclosed amount of development capital from Sequoia Economic Infrastructure Income Fund on April 8, 2018 through a private placement.
screams in @Drake https://t.co/dmP74RrmQn
🫣
Most visits will take between 1.5 and 2 hours. The agenda for a specific visit depends on your group, its interests and objectives as well as on the host company. A visit may include a company or industry specific presentation, a discussion around a specific product or service, partnership opportunities, a demo, a meeting of the premises, etc.
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