In response to continuous growth, Facebook has borrowed another $100 million, this time from TriplePoint, a venture capital firm.
While the social networking site claims to have about 70 million monthly unique or active worldwide users, comScore pegs the number of monthly users much higher, at around 109.2 million.
Facebook CEO Mark Zuckerberg said in early 2008 that the company would spend over $200 million in capital expeditures, while also more than doubling the workforce at that time of 450. Now it seems that number may be more like 700 to 800 new workers. Most of the money will be targeted to new servers.
Depending on what statistics you look at, Facebook has now raised between $350 - $393 million. The number of servers needed to handle the growing load is said to be at about 50,000.
Of course the question is when is Facebook going to find a business model. A growing number of Facebook watchers think this is more a sign of trouble because of the lack of a business model, than a healthy sign of growth. What are your thoughts?
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