• BoomTown/ D: All Things Digital, Friday, February 1, 2008 11:15 AM

Facebook CEO Mark Zuckerberg revealed substantial information about the company's finances during a recent meeting. The highlights: Facebook's 2007 revenue will be (no surprise here) $150 million; 2008 revenue should climb to between $300 and $350 million, while the company expands its workforce from 450 to more than 1,000 people.

Zuckerberg also said Facebook's projected EBITDA (earnings before interest, taxes, depreciation and amortization) for 2008--the figure Wall Streeters use to measure operating profit--would be $50 million. Finally, he said that in the following year, the company plans to spend more than $200 million on capital expenditures (servers, etc.).

Many employees were horrified that Zuckerberg would be so open about such important financial information. Others loved it.

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