- Facebook earned one billion dollars of cash on the day of the IPO. Subsequent stock swings don't affect the ability of the company to operate day to day, or make capital improvements.
- Facebook has a number of old, less efficient datacenters running older, less efficient servers. By replacing this old infrastructure with their own self-built datacenters in Prineville, OR, Forest City, NC, and Lulea, Sweden they are actually over time decreasing their total cost to operate the site, and riding moore's law to more efficient and powerful server systems. This actually saves the company money to operate the service, as well as streamlining and standardizing their production infrastructure for more ability to "move fast".
Seriously, 50% down of the stock value is a "stock swing" for you?
Of course it "affect the ability of the company to operate day to day". Not to mention morale of the team (and the monetary value of the company stock the own), it does affect it; good read here [1]
as of your second point, I agree with it and see the value now.
- Facebook has a number of old, less efficient datacenters running older, less efficient servers. By replacing this old infrastructure with their own self-built datacenters in Prineville, OR, Forest City, NC, and Lulea, Sweden they are actually over time decreasing their total cost to operate the site, and riding moore's law to more efficient and powerful server systems. This actually saves the company money to operate the service, as well as streamlining and standardizing their production infrastructure for more ability to "move fast".