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Facebook’s Net Worth is $50 Billion! How That Might Your Marketing

Posted on Jan 02, 2011

According to The New York Times, Facebook has a net worth of $50 billion.  The question now is, what will this mean for the social media company and for people who use the website?

This social media giant recently received $500 million in funding from Goldman Sachs and a Russian investor.  The New York Times reported that Goldman is expected to raise as much as $1.5 billion from investors for Facebook, as part of the deal.

Now, Facebook will join the ranks of Time Warner and eBay in terms of net worth. Though Facebook is a private company, many industry experts believe this funding could put more pressure on the social media company to go public.

What this funding might mean to you.

This increased funding will give Facebook the capability to add new products to its existing line and pursue acquisitions, if it so chooses.  That means there could be more opportunity for you to spread the word about your law firm via Facebook.

If you haven’t done so already, you need to create a Facebook business page. It’s easy to do and is a great way to get in front of more potential clients.  You can learn more by reading our article, Your Potential Clients are On Facebook, Are You?  

For assistance with your attorney Internet marketing campaign, contact us today at 888.886.0939.

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Tom Foster
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