Mark Andreessen, investor in Twitter and on Board of Facebook, spoke to Reuters and made the following pionts

• Revenues of Facebook to grow from $500 million to $1 billion this year.
• Advertising needs to be pushed harder to achieve the $1 billion target
• However Myspace made the mistake of pushing advertising too much, and not investing enough in the platform.
• Thus, it is important for Facebook and Twitter to continue to have its dominance without worrying too much of revenues
• Eventually Facebook will make billions in revenues
• Myspace can still bounce back and regain its dominance, but it will be very difficult
• He regrets having not invested in Facebook.

To read the full article, click here

Meanwhile, some time back BBC had a interesting video on will Facebook ever make money ?