Facebook revenues are expected to come in around 200M for 2008 and facebook app revenues are well over 100M. There are several facebook apps earning millions a year and some over 10M a year. I’ve been pitched by some of the companies monetizing some of these things and the money is insane.
So what is facebook going to do when the apps revenue surprasses their own revenue? At that point will facebook become a Application Service Provider and will get the valuation of one?