This document discusses the benefits and growth of Facebook. It notes that Facebook has over 200 million active users worldwide and is a fast growing social networking site. Some key benefits outlined include keeping in touch with friends, creating profiles, using groups and events, and networking both personally and professionally. The document also mentions that Facebook is becoming profitable, is valued at $15 billion, and is expanding to mobile platforms. It concludes by discussing potential future directions for Facebook, such as becoming more of a communications platform or facing new competitors.