Let's hope they last longer than Google did here :)

On Fri, Apr 30, 2010 at 4:46 PM, Carl Webb <[email protected]> wrote:

> Status update: Facebook opening Sixth St. office Austin Business Journal -
> by Christopher 
> Calnan<http://www.bizjournals.com/search/results.html?Ntt=%22Christopher%20Calnan%22&Ntk=All&Ntx=mode%20matchallpartial>Staff
>  writer
>
> Facebook 
> Inc.<http://austin.bizjournals.com/austin/related_content.html?topic=Facebook%20Inc>plans
>  to open on Monday a downtown office on West Sixth Street in Austin
> with about six employees and grow it to 200 during the next four years.
>
> The California-based social media giant, which first confirmed its interest
> in Austin in late February, is establishing an office at 300 W. Sixth St.
> Company workers will initially occupy 21,000 square feet of the 23-story
> building, spokeswoman Sarah Smith said.
>
> Facebook will start with a six-person “landing team” of relocated
> employees, but plans to hire additional local workers for online sales, user
> operations, developer operations and risk management, Smith said
>
> The move is Facebook's first major U.S. expansion outside California and
> considered a boon to Austin’s reputation as a technology hotbed, especially
> in the social media sector.
>
> Local social media companies also includes Bazaarvoice 
> Inc.<http://austin.bizjournals.com/austin/related_content.html?topic=Bazaarvoice%20Inc>,
> Spredfast 
> Inc.<http://austin.bizjournals.com/austin/related_content.html?topic=Spredfast%20Inc>and
>  Socialware
> Inc.<http://austin.bizjournals.com/austin/related_content.html?topic=Socialware%20Inc>Earlier
>  this month, the Social
> Business 
> Council<http://austin.bizjournals.com/austin/related_content.html?topic=Social%20Business%20Council>relocated
>  from Chicago to Austin.
>
> Facebook, which employs about 1,200 workers, expects to invest about $3.1
> million to set up local operations, state officials have said.
>
> Although the company does not report revenue, industry experts have
> estimated it reaches about $500 million annually. The local sales and
> operations jobs would have average salaries of $54,000, according to city
> documents.
>
> In March, Austin City Council approved for Facebook a $200,000 incentive
> package that is coupled with $1.4 million in state spending.
>
> The Sixth Street building, which was completed in 2002, is between Lavaca
> and Guadalupe streets. It is managed by Thomas Properties Group 
> Inc.<http://austin.bizjournals.com/austin/related_content.html?topic=Thomas%20Properties%20Group%20Inc>,
> which operates offices in Los Angeles and Philadelphia. The company manages
> 11 buildings in Austin, according to its website.
>
> Facebook officials have said the city’s deep talent pool would enable it to
> hire the type of workers it is seeking. They declined to disclose the number
> of Austin locations considered for the office.
>
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