Facebook S-1: The Most Anticipated IPO in a Decade ? AGILEVC
Agile VC
FEBRUARY 2, 2012
Facebook estimates they already have 60% of addressable US internet users. In fact penetration in Chile, Turkey, and Venezuela is estimated at >80% which is astonishing. US user base is still growing, but it’s clearly slowing as Facebook approaches saturation. Ergo, Zynga spends more like $250 million on Facebook ads.
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