A Closer Look: Facebook’s Operating Margins Decline With Growing Headcount, International Growth

techcrunch.com — One thing that has been remarkable about Facebook is its willingness to expand in developing markets that many other consumer Internet companies would otherwise write off because they're hard to monetize. But that growth abroad plus the company's increasing headcount and share-based compensation expenses are eating into its operating margins, according to yesterday's earnings numbers from a revised IPO filing.
facebook s-1: @kimmaicutler has figured out new fb credits pricing language t.co/VVuFylPr and big rising costs t.co/jRxJn0jg
Good post from @kimmaicutler on how Facebook's margins decline with growing intl ops, headcount t.co/2T56tg3q
Great explanation for why Facebook's operating costs are rising by @kimmaicutler t.co/7K3novP6