how much are web 2.0 companies like zynga, tweeter, facebook worth?

ON FACEBOOK: $50-60 Billion Just this early 2011, Facebook has received $450 million from Goldman Sachs and $50 million from Russian investment firm Digital Sky Technologies. Facebok has raised more than $800 million over five rounds of funding. With this round, the social network will have raised more than $1.3 billion. The New York Times […]

How does Zynga make money? Their business model and revenues

Zynga has made over $450-$600 million in sales in 2010. So how do they do it? Zynga’s business model is based on getting people addicted to its games and then getting them to both enlist others to join and/or buy virtual goods, both of which help players get further along in those games. Sounds simple, […]

Philippine budget deficit outlook for 2010: shortfall not too bad?

  In ABS-CBN's recent article, they reveal that each Filipino now owes P47,039 to local and foreign creditors, based on the national government's total debt stock as of September. A month before that, each of the 92.2 million Filipinos owed P45,889.  The culprit: the widening budget deficit that prompts the government to borrow some more. […]

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