Facebook founder Mark Zuckerberg opens the Web 2.0 conference in Q&A with John... - The Diigo Meta page

• 18 Oct 07
  

  Marcel Weiss

  nn

  • Microsoft is reportedly in discussions to buy a 5 percent stake in Facebook, and the valuation of Facebook will reportedly be $10 billion to $15 billion.

     

    Asked how the funding was going, Zuckerberg said, “It’s going well. We’re almost wrapped up.”

     

    You could hear a pin drop. The fate of Silicon Valley rests on what this kid is going to do with his company, or so it seems.
  • He said the company has 45 million users now and 6,000 applications. More than 100,000 developers are creating third-party applications on Facebook’s social networking platform. The company has 300 employees and is likely to have more
     than 700 next year, Zuckerberg said. He said the company tries to target breakeven performance and doesn’t try
     to invest too far ahead of sales.

Would you like to comment?

Join Diigo for a free account, or sign in if you are already a member.