Ten years old!

Facebook turns ten today. Amazing. Do you know any business who has over 1.23 billion customers, that is almost the entire population of India. Wow. But annual ARPU's are a mere 5.68 Dollars, astonishingly low. Each customer generates 1.55 US cents per day. That is another way of thinking about it. Low. And I guess that there are still many more opportunities to monetise that massive base.