Facebook’s Sandberg: There Is No Underlying Story About Execs Leaving

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Facebook’s Sandberg: There Is No Underlying Story About Execs Leaving

At Fortune’s Brainstorm Tech conference, a keynote Q&A with Sheryl Sandberg, among many issues, talked about leadership and exec changes at Facebook.

Adam D’angelo, former CTO: “He has left to come back couple of times…we would love to have him back. There is no specific underlying story behind the few execs leaving our company. Leadership at the company: Zuckerburg’s focus is around product and engineering. I am leading on the business side.”

Mobile: “The iPhone application is doing very well for us. As long as we are monetizing on the site, we are fine on the mobile side, since we are pushing people from mobile to online.”

Twitter: “If you think about it is as communication and entertainment, we think people are communicating in short bursts, and it’s very valuable.”

Rafat Ali

@rafatali Jul 22, 2008 3:46 PM ET

Posted In: Companies, Facebook, fortune brainstorm, sheryl sandberg

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Jerry

Facebook have hired many good managers from other famous company, include google. Google are losing some important managers…!

redbus

Hi Tech luxury buses between Mumbai to Pune and return trip to Pune

Dax

@ Jenkins^^ There's blood in the water. Today at FB8 if Zuckerberg doesn't have an actual monetization method in his keynote it's time that he hands the torch off (in my dreams).

Now what will actually happen: He'll announce a slick payment system. But college kids do NOT PAY for anything so it will go unused for 2 quarters. He'll then tout that there "working" on another way for apps to "make money." He will then proceed to not step down and not hand the reigns to a seasoned veteran. This cycle will continue for the next year. Facebook will balloon in expenses (just look at what happened with Zuckerburgs risky funding last quarter for hardware!?!?). So they will continue spend frivolously and his head will grow all the VC's will pullout on him and he'll be forced to sell for 1:10 of it's 280 mil valuation.

Jenkins

She is spinning! Serious people that believe in the company/mission do NOT leave a company this early before a liquidity event! Anyone that believes otherwise is in dreamworld!

Tom

Hmmm. FaceBook. - why don;t I advertise to a bunch of poor college students who would rather beat each other…..tape it….and post it on YouTube.

What a deal!