Facebook leaked financials shows it has billions in cash
Gawker has the numbers, which it calls "the Silicon Valley equivalent of hard-core pornography."
"The big picture is this: Facebook's income is blowing up, and the company will likely come close to earning a full billion dollars in profit this year, more than double what it reportedly made a year ago and quadruple what it is believed to have made two years ago," Ryan Tate wrote in the Gawker piece. "There have been news reports elsewhere on prior Facebook financial periods; our numbers from the latest quarter show the money keeps pouring in."
According to Gawker's unnamed source, Facebook had $3.5 billion in cash and cash equivalents, $5.6 billion in assets, revenue of $2.5 billion and net income of $714 million this year through September. And -- unlike many of us around the holidays -- it had zero debt.
(Not everyone is so impressed with the numbers.)
Gawker says it also got an inside peek at who owns Facebook: Employees 30%, Mark Zuckerberg 24%, Digital Sky Technologies 10%, Accel Partners 8%, Dustin Moskowitz 6%, Eduardo Saverin 5%, Sean Parker 4%, Goldman Sachs clients 3%, Microsoft 1.3%, Peter Thiel and/or Clarium Capital 3%, Greylock Partners 1.4%, Meritech Capital Partners 1.6%, Chris Hughes 1 %, Li Ka-shing 0.75%, Interpublic Group 0.5% and Goldman Sachs 0.8%.
"Facebook is clearly drowning in success. CEO Mark Zuckerberg could fill that saltwater lap-lane pool behind his house with hundred dollar bills many times over," Tate wrote.
Facebook did not respond to a request for comment.
-- Jessica Guynn
Photo: Facebook founder and CEO Mark Zuckerberg announces a new messaging system on Facebook in November 2010. Photo credit: Justin Sullivan / Getty Images