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Facebook To Open New Office in Kendall Square, Adding Hundreds of Jobs (bostonglobe.com)
Facebook has a status update: The social network will open a new office in Cambridge next year and plans to hire more than 500 employees, bringing the Boston-based staff to 650. From a report: The company, which founder Mark Zuckerberg launched at Harvard before decamping for the West Coast, established its first Boston-based team nearly four years ago with a small group of employees sharing a workspace. Today, that team has grown to more than 100 people in a Kendall Square office, and space is getting tight, said Ryan Mack, who leads the Facebook Boston office. "We serve 2 billion people on Facebook," he said, "and we need to continue to scale." The new offices will occupy the top three floors of 100 Binney St., a new building designed by Elkus Manfredi that is scheduled to open early next year. Facebook will share the space with 300 Bristol-Myers Squibb employees.
I already earn $55k doing IT support in Silicon Valley. Why would I want to move there?
The story behind Facebook can be found in "The Accidental Billionaires: The Founding of Facebook: A Tale of Sex, Money, Genius and Betrayal" by Ben Mezrich, which "The Social Network" movie was based on. "The Boy Kings: A Journey into the Heart of the Social Network" by Katherine Losse takes place after the movie and from a woman's perspective that I'm currently reading. The most recent Facebook-related book is "Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley" by Antonio Garcia Martinez, who sold his startup and engineers to Twitter while getting a job at Facebook in a three-way deal, and developed the ad system at Facebook that tracks both logged in and anonymous users with third-party demographic data.
You may wonder why I have allowed Facebook into my square... it's because here I can keep a closer eye on them, and place protective wards around them. To protect everyone else that is...
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Yup - glad to see I'm not the only one to wonder what will happen to all these people when Facebook implodes. It will eventually, just like all the other BBSs before it.
Delusional thinking.
Facebook is now an extension of governments for intelligence gathering.
It is also now larger than other industries that were deemed Too Big To Fail, and thus will never be allowed to implode.
The only reason I can think of that they want to have a presence there is proximity to MIT. Whether MIT students or grads would actually want to work for Facebook is another matter - personally I would be kind of embarrassed to admit that I had anything to do with Facebook, and they have already had their IPO, so I don't see a lot of upside.