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They have 1700 employees. How much money is spent per employee (salary + other costs, like food, equipment, etc.)? Let's assume $150,000 (I think I saw this fig
by edanm 16y ago
They have 1700 employees. How much money is spent per employee (salary + other costs, like food, equipment, etc.)? Let's assume $150,000 (I think I saw this figure used elsewhere for this purpose, no idea if it's at all accurate.)
In that case, $255,000,000 goes on employees. That's already a nice chunk. Add to that any advertising costs, add to that server costs (I assume that for Facebook, these are quite high considering the huge amount of traffic they get), etc. That'll already be way up there.
Also, they buy some smaller companies for large chunks as well. Not sure if we can include that or not.
In other words, it's possible they're not profitable. No idea whether they are or not, but it is possible.