Facebook is An Expensive Business, Perhaps Too Expensive

As I frequently write, Facebook has been growing at an insanely fast pace. The company has grown to become the largest social network worldwide and it doesn’t appear to be slowing. As such, even with over $250 million in the bank as of less than 12 months ago, the company may be searching for funding yet again according to Mike Arrington. How does he know this? Well he points to Gideo Yu, the company’s CEO, traveling to Dubai this week.

Perhaps Gideon just wanted to do a little indoor skiing! Probably not (although hopefully he had time for at least one run).

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