Facebook Update from an Exec

This is a follow-up to a post showing an analysis that Facebook can charge $2.50 per month. See it here. This week we happened to be in a meeting with a high ranking Facebook exec in which she stated that Facebook has indeed thought about charging but has ruled it out entirely. In fact, she stated that Facebook will never charge users for the service.

End of story on that subject but a few more tidbits:

Facebook has 500 million users with 80% from outside the U.s.

Zynga at one point generated more revenues than Facebook. She did not specify when that occurred.

75% of Facebook users play games on the site

Faceboook is cashflow positive

The privacy issue is the only thing that can kill Facebook.