Facebook S-1: The Most Anticipated IPO in a Decade ? AGILEVC
Agile VC
FEBRUARY 2, 2012
That’s actually a combination of Payments (the 30% share Facebook takes from app developer revenues) and advertising spend for ads Zynga buys on FB to acquire customers. In fact penetration in Chile, Turkey, and Venezuela is estimated at >80% which is astonishing. That’s the capex (e.g. What’s Your Favorite Future?
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