Facebook Borrows $100 Million for Growth Purposes

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Facebook Borrows $100 Million for Growth Purposes

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Affiliate Marketing News is Offline Revenue Source Veteran Join Date: Oct 2006 Posts: 19,138 Affiliate News Bot Revenue Source Ft Lauderdale, FL	Facebook Borrows $100 Million for Growth Purposes - 05-12-2008 Facebook is borrowing $100 million to accommodate growth on the site. The money, from venture loan firm TriplePoint, brings the amount raised to around $350 million. The site has grown quickly and needs around 50,000 more servers to handle the load. Facebook has over 70 million active users and around 109 million monthly visitors. read more More...

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