Facebook has been making money for developers of applications for a while now, but it has finally gone cash flow positive for itself as well.
MG Siegler of TechCrunch tells us,
Facebook has two very big pieces of news that they announced today at TechCrunch50. The first: They have crossed 300 million users worldwide now, extending their lead as the biggest social network. The second: They are now cash flow positive. Yes, from this point forward, Facebook is making money.
This is good news for all of the social media marketers, because a cash flow positive social network is a social network that will continue to operate. It means there’s a stable platform to develop for, grow on, and use.
