<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>WebProNews &#187; TriplePoint</title>
	<atom:link href="http://www.webpronews.com/tag/triplepoint/feed" rel="self" type="application/rss+xml" />
	<link>http://www.webpronews.com</link>
	<description>Breaking News in Tech, Search, Social, &#38; Business</description>
	<lastBuildDate>Mon, 13 Feb 2012 04:32:37 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.1</generator>
		<item>
		<title>Facebook Takes Out $100 Million Loan For More Servers</title>
		<link>http://www.webpronews.com/facebook-takes-out-100-million-loan-for-more-servers-2008-05</link>
		<comments>http://www.webpronews.com/facebook-takes-out-100-million-loan-for-more-servers-2008-05#comments</comments>
		<pubDate>Mon, 12 May 2008 17:09:36 +0000</pubDate>
		<dc:creator>Janet Meiners</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Business Week]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[TriplePoint]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=45413</guid>
		<description><![CDATA[<p><a href="http://venturebeat.com/2008/05/09/facebook-borrows-100m-to-build-out-its-infrastructure/" linkindex="84" set="yes">Facebook is borrowing $100 million to accommodate growth</a> on the site. The money, from venture loan firm TriplePoint, brings the amount raised to around $350 million.</p> <p>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.</p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://venturebeat.com/2008/05/09/facebook-borrows-100m-to-build-out-its-infrastructure/" linkindex="84" set="yes">Facebook is borrowing $100 million to accommodate growth</a> on the site. The money, from venture loan firm TriplePoint, brings the amount raised to around $350 million.</p>
<p>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.</p>
<p>According to Business Week, Google and Microsoft need a lot of server space. Google has at least a million servers and adds 500,000 per year. Microsoft is adding 200,000 servers per year.</p>
<p>While Facebook keeps expanding, their revenue is rumored to be at about break even. Last year they were said to bring in $150 million and plan to double that figure this year. They have more than 500 employees.</p>
<p>Here&rsquo;s a short history of Facebook investments:</p>
<ul>
<li>2004 &#8211; $500,000 from PayPal co-founder Peter Thiel in an angel round.</li>
<li>2005 &#8211; $12.8 million in venture capital from Accel Partners, $25 million from Greylock Partners and Meritech Capital Partners.</li>
<li>2007 &#8211; Microsoft invested $246 million for 1.6% share in Facebook and Hong Kong billionaire Li Ka-shing invested $60 million.</li>
</ul>
<p><a href="http://www.marketingpilgrim.com/2008/05/facebook-borrowing-100-million-for-more-servers.html">Comments</a></p>
<p>&nbsp;</p>
]]></content:encoded>
			<wfw:commentRss>http://www.webpronews.com/facebook-takes-out-100-million-loan-for-more-servers-2008-05/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Facebook Borrows $100 Million for Growth Purposes</title>
		<link>http://www.webpronews.com/facebook-borrows-100-million-for-growth-purposes-2008-05</link>
		<comments>http://www.webpronews.com/facebook-borrows-100-million-for-growth-purposes-2008-05#comments</comments>
		<pubDate>Sun, 11 May 2008 16:06:39 +0000</pubDate>
		<dc:creator>Janet Meiners</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[social networks]]></category>
		<category><![CDATA[TriplePoint]]></category>

		<guid isPermaLink="false">http://www.webpronews.com/?p=45405</guid>
		<description><![CDATA[<p><a href="http://venturebeat.com/2008/05/09/facebook-borrows-100m-to-build-out-its-infrastructure/">Facebook is borrowing $100 million to accommodate growth</a> on the site. The money, from venture loan firm TriplePoint, brings the amount raised to around $350 million.</p> <p>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.</p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://venturebeat.com/2008/05/09/facebook-borrows-100m-to-build-out-its-infrastructure/">Facebook is borrowing $100 million to accommodate growth</a> on the site. The money, from venture loan firm TriplePoint, brings the amount raised to around $350 million.</p>
<p>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.</p>
<p>According to Business Week, Google and Microsoft need a lot of server space. Google has at least a million servers and adds 500,000 per year. Microsoft is adding 200,000 servers per year.</p>
<p>While Facebook keeps expanding, their revenue is rumored to be at about break even. Last year they were said to bring in $150 million and plan to double that figure this year. They have more than 500 employees.</p>
<p>Here&rsquo;s a short history of Facebook investments:</p>
<ul>
<li>2004 &#8211; $500,000 from PayPal co-founder Peter Thiel in an angel round.</li>
<p> 
<li>2005 &#8211; $12.8 million in venture capital from Accel Partners, $25 million from Greylock Partners and Meritech Capital Partners.</li>
<p> 
<li>2007 &#8211; Microsoft invested $246 million for 1.6% share in Facebook and Hong Kong billionaire Li Ka-shing invested $60 million.</li>
</ul>
<p><a title="Comment on Facebook" href="http://www.marketingpilgrim.com/2008/05/facebook-borrowing-100-million-for-more-servers.html#comments">&nbsp;Comments</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.webpronews.com/facebook-borrows-100-million-for-growth-purposes-2008-05/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

<!-- Performance optimized by W3 Total Cache. Learn more: http://www.w3-edge.com/wordpress-plugins/

Page Caching using memcached
Database Caching 1/21 queries in 0.008 seconds using memcached
Object Caching 244/286 objects using memcached

Served from: webpronews.com @ 2012-02-13 00:06:30 -->
