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by mdasen
6150 days ago
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That's ambitious. Especially considering that they aren't making money right now. One would think that Facebook would be looking to cut costs rather than take on new costs. Facebook has some really impressive technology behind them, but they keep expanding in a way that doesn't generate positive revenue. As Facebook becomes more popular, it's likely to need more staff, but at some point it's also just losing more money. |
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Well, they are looking at $500 million in revenue this year. Sure, their costs are the same order of magnitude, but it's a far cry from not generating revenue.