Facebook Hits 600 Million Active Users, Goldman Tells

Facebook continues to grow around the world, the social network giant has reached 600 million active monthly users, according to Goldman, via businessinsider.Facebook launched in February 2004, and has since added, on average, 100 million users a year, the majority of which have signed up over the past few years. The site's member database is […]

Facebook continues to grow around the world, the social network giant has reached 600 million active monthly users, according to Goldman, via businessinsider.

Facebook launched in February 2004, and has since added, on average, 100 million users a year, the majority of which have signed up over the past few years. The site's member database is still increasing exponentially, becoming one of the fastest growing websites in history.

Facebook announced it crossed the 500 milliion monthly active user mark back in July. The site's official stats page says there are "more than 500 million active users" on the site. Now we know there are at least 100 million more.

"We think Goldman's offering will inevitably result in the SEC forcing Facebook to register as a public company and disclose its financials. The SEC requires companies with more than $10 million in assets and 499 shareholders to register as public companies. When Facebook IPOs, early investors, employees, and some hedge funds managers are going to get very, very rich," said businessinsider.

Based on predictions of the website's growth, Facebook should reach 1 billion users sometime in late 2012.

[tags]ipo,user stats,social network,social media,goldman sachs[/tags]

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