The Times online reports that Facebook’s financial information was leaked today after a conference call with employees about the state of the company. It seems that some of the employees were less than tight lipped about the call.
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The revenue for 2007 was said to be $150 million USD and revenue for 2008 is expected to be between $300 and $350 million USD. CEO Mark Zuckerman said that company employees would increase to 1,000 in 2008, up from the 450 current employees.
Facebook expects to spend in the area of $200 million mostly for upgrade servers to handle more users. The figures show that the company expects to lose around $150 million in 2008 but has sufficient cash reserves.
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Via Times Online.