2 ms·
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
by mdasen 17y ago
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.
- lacker 17y agothey keep expanding in a way that doesn't generate positive revenue 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.
- omouse 17y agoThey're generating revenue but have no profit. I think that's what he meant to say :S
- mmt 17y agoIt will also make them even bigger a company, with even lower talent density. They have, already, for example, turned into the kind of company where the recruiters are asked to bring in technical candidates with fresh ideas but where the technical interviewers make it clear that conformity is key.