The latest post on ‘ReadWriteWeb’ is titled “Forget $3B In Revenue: Things “Don’t Look Good” For Facebook”.

Dave Copeland says, “Evidence is quickly mounting that Facebook’s initial public offering will not be the big boost the social media sector needs as Silicon Valley companies try to prove to Wall Street they can grow revenues.

On Thursday, PrivCo CEO Sam Hamadeh told VentureBeat that several people close to the company were saying Facebook was going to miss first-quarter revenue projections”.

Forget $3B In Revenue: Things “Don’t Look Good” For Facebook

ReadWriteWeb

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