Thread: Facebook IPO
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Old 01-31-2012, 04:15 PM   #11
2ndgenz28
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Quote:
Originally Posted by Mr_Draco View Post
FB makes billions a year in profit off of selling server space to other companies. They recently started building 4 buildings in NC near where I live that all cost over 4 million a piece just to house tens of thousands of servers to sell off to other companies. As long as the internet exist, FB is going no where and will be one of the most profitable companies out there.
Thats just like Amazon, that is done to make sure you can pay the bills to do the things you like.

Just like Summit or even more so Jeggs, they sells parts to make sure they can do what they like, if the main source of income "racing or FB" doesn't bring in enough, your not hurting to keep things top notch. You have a back up funding source.
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