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	<title>Tips, resources, and strategies for starting and marketing your own social networking site. &#187; revenue</title>
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		<title>Facebook earning $35 million in gifts?</title>
		<link>http://www.startasocialnetwork.com/blog/2008/09/04/facebook-earning-35-million-in-gifts/</link>
		<comments>http://www.startasocialnetwork.com/blog/2008/09/04/facebook-earning-35-million-in-gifts/#comments</comments>
		<pubDate>Thu, 04 Sep 2008 16:25:13 +0000</pubDate>
		<dc:creator>Ric Mazereeuw</dc:creator>
				<category><![CDATA[Business Models]]></category>
		<category><![CDATA[Social Networking Industry]]></category>
		<category><![CDATA[revenue]]></category>

		<guid isPermaLink="false">http://www.startasocialnetwork.com/?p=43</guid>
		<description><![CDATA[Lightspeed Venture Partners have been estimating the revenue for Facebook from those virtual &#8220;gifts&#8221; members can send back and forth. Their most current estimated run rate is $35 million, more than double their January estimate. It&#8217;s a beautiful little revenue model, with almost zero cost to Facebook. They do a great job of driving urgency [...]]]></description>
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