Mary Meeker Report Highlights Facebook, Twitter Growth Slowing

Kleiner Perkins Caufield & Byers partner Mary Meeker unveiled her annual State of the Internet report. Among the findings was a slide highlighting a troubling trend for both Facebook and Twitter. “Average revenue per user” growth, or ARPU as the metric is called on Wall Street, has been steadily declining for both companies over the past year. In other words, Facebook and Twitter are adding new users, but revenue growth isn’t keeping up at the same rate.