CHART OF THE DAY: Here's Facebook's Next Big Business
Silicon Alley Insider Feb 03 12
Facebook's ad revenue may not be growing fast enough to justify a $100 billion valuation. But ads are not the company's only source of revenue.
Payments are becoming a big deal as well.
Last summer, Facebook started charging companies like Zynga 30 percent of each transaction — like purchasing a virtual good like a cow. (That's a big reason why Zynga accounts for 12 percent of Facebook's revenue, alhough that figure includes advertising as well.)
So although payments started as a tiny sliver of Facebook's overall revenue, now it's up to about 17 percent of the total. Full story...
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