Facebook Addiction? You're not the only one.

Have you been on Facebook today? According to Internet research company, Hitwise, you have! For the week ending March 13, 2010 Facebook was the #1 most visited site on the web. For the first time in 2 years Google is #2. Its not just the fact that facebook has beat out Google for the #1 spot that's amazing people but the rate that its increasing by. Visits to Facebook in 2010 compared to 2009 have climbed a staggering 185%! While hits to Google in 2010 compared to 2009 only increased by 9%. This has created quite a stir in the financial world especially the stock market. Facebook has not opened its books to the public and many people are pushing for them to do so and create and IPO plan. There is also a rule called the 500 rule, that a company cannot have more than 500 investors and make more than 10 million in profit without having an IPO plan. With Facebook being one of the most traded stocks on the market, people are wondering how big their revenues really are? Are they making as much money as we all think? Or are they in trouble? This is yet to be known, but many believe that the truth will surprise us. We'll have to wait and see how the story unfolds. I'll see ya in the FB world!