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Robert Scoble shared an item on Google Reader
October 29, 2008 6:21 PM - Sign in to comment - Link
Mark Zuckerberg's college-spawned startup is supposed to hire its 1,000th employee sometime this year. I don't think that's going to happen. If Zuckerberg isn't talking about layoffs behind closed doors, one of his executives must be brave enough to bring it up. I don't think the company is going to issue pink slips. But I do think its headlong growth in employees will come crashing to a halt before the end of the year. Here's some back of the envelope math on Facebook's burn rate. Figure the company's operating expenses are divided roughly half in labor, half in operations like...
I actually agree with Owen about this. Hey, Owen, Twitter that! :-) - Robert Scoble
"Google thrived in part because, in the darkest days of the dotcom crash, from 2001 through 2003, it was the only company hiring." So Danger wasn't hiring in 2001? - Chris White
Also, Google has plenty of engineers without 3.5 grade averages from top schools. Some who never went to college. - Chris White
I consider Facebook a true tragedy. So much potential, so much money, so much complete nonsense. - Dawn
hey Scoble is this the real reason you blocked Dawn? :-) - Bishop
Bishop: no but you are headed toward a block for polluting threads with off topic comments. Update: I blocked Bishop. - Robert Scoble
OMG Robert what am I reading? It looks like an op-ed piece. Is there something afoot at Valleywag? Where'd the libelous gossip go? - Richard Walker
At some point all the freebies have to actually make a profit. And Facebook isn't immune. - Wayne Schulz
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