TechCrunch is reporting (spreading the rumor?) that: Facebook May Be Growing Too Fast. And Hitting The Capital Markets Again.

Some of the key items:

  • Revenues are not covering costs, and costs are growing faster than revenues
  • Half of Facebook’s users are from Asia, Africa, the Middle East, and Latin America, places where you can’t make too much money
  • Facebook’s CFO is reportedly in Dubai trying to get some oil money

Yahoo!’s $1b is probably looking pretty good right about now. Then again, Yahoo! probably would have fucked it up.

NaBloPoMo 1