Cash Hoard Massive

Facebook's Cash Hoard Massive: Report - TheStreet:

NEW YORK (TheStreet) -The amount of cash Facebook has is staggering, and is on par or larger than some of Silicon Valley's top tech companies, according to Gawker.
 

According to a source cited by Gawker who is close to Facebook's finances, Facebook has $3.5 billion in cash, no debt and may earn close to $1 billion in profits this year, more than double what the company supposedly made last year.


'via Blog this'