Zuckerberg shares Facebook financials at company meeting

February 1st, 2008

Kara Swisher reports that Facebook CEO shared the company’s financial results for 2007 and outlook for 2008 at an all-hands meeting today (that included call-in access presumably for remote employees). The numbers:

2007 revenue came in at $150 million
2008 revenue is expected to be between $300-$350 million
2008 capex is expected to be $200 million
2008 EBITDA is expected to be about $50 million

In addition, he Zuckerberg predicted that Facebook should grow from 450 to 1000 employees in 2008. With over $300 million reportedly in the bank from recent investors Microsoft, Ling Ka-Shing, the Samwers, and others, Facebook should be in good shape to ramp up spend for at least the next couple years.

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Posted by Justin Smith

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4 Responses to “Zuckerberg shares Facebook financials at company meeting”

An Inside Look at Facebook Finances - Technozzle Says:
February 1st, 2008 at 1:15 am
[...] on TechCrunch, Mathew Ingram, All Facebook, Inside Facebook and Rev2. addthis_url = ‘http%3A%2F%2Ftechnozzle.com%2F%3Fp%3D76′; addthis_title = [...]
Aaronontheweb Says:
February 1st, 2008 at 2:55 am
So how’s this financial report going to affect the sales of the Facebook marketing bible?
Inside Facebook » Facebook scaling up data centers Says:
February 6th, 2008 at 1:13 am
[...] is that $200 million in Facebook’s 2008 capex going? According to recent research by Data Center Knowledge, at least $10 to $12 million of it is [...]
Social Networks sind das neue Massenmedium » Beitrag » zweinull.cc Says:
May 7th, 2008 at 3:08 pm
[...] lediglich, dass man noch keinen idealen Weg zur Monetarisierung gefunden hat. Und wenn Facebook bei 150 Millionen Dollar Umsatz in 2007 mit 15 Milliarden Dollar bewertet wird, dann wirkt dies zwar unfassbar, aber als einer der [...]