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Sheryl Sandberg stepping down as Facebook COO

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Re: Sheryl Sandberg stepping down as Facebook COO

#21
"Sitting by Mark’s side for these 14 years has been the honor and privilege of a lifetime. [...] In the critical moments of my life, in the highest highs and in the depths of true lows, I have never had to turn to Mark, because he was already there."

If this is an accurate reflection of her experience, I don't expect it's a side of Mark Zuckerberg most of us imagine exists.

Re: Sheryl Sandberg stepping down as Facebook COO

#23

It's possible this announcement was intentionally timed against the media-consuming Depp/Heard trial verdict announcement in an attempt to bury the news. Meta stock went down a few points immediately after the announcement.

Yeah, because people that invest heavily in the stock market are the same people that read about celebrities in Closer.

Re: Sheryl Sandberg stepping down as Facebook COO

#24
post #6

That's pretty surprising. I know that there has been tons of controversy swirling around the company the past few years, but things have seemed relatively quiet lately, other than their recent bad revenue growth. Do people here think this is a shakeup at the company or that she legitimately wanted to do something else?

Is it really? I don’t think it is.

Pre-Trump era she was more the public face of Facebook than even Zuck. Then when the Cambridge Analytica scandal basically did a 180 on the entire reputation of the company she effectively disappeared from the public eye.

Re: Sheryl Sandberg stepping down as Facebook COO

#25
I increasingly believe that Facebook’s pivot to Meta will end up going down as one of the biggest misses in the history of business. The metaverse is a real idea yes - but strapping a phone to your face and walking through your coffee table isn’t it. Especially not with a mediocre centralized FB owned “virtual world” where they inflict heavy taxes and content moderation. Facebook has neglected its core businesses for years and seems to have real trouble shipping hardware with reasonable spending.

Now they’re scrambling to ship an iPhone alternative to get out from under Apple policy, but it really seems like they’re on constant defense now and have a very tough lift to actually get something truly mass market. I would be shocked if Apple, Microsoft or Google were irrelevant in 2030, but it is really possible (if not yet necessarily probable) that Facebook/Meta might actually just not exist in the same kind of way anymore then.

When they first announced the rebrand I actually thought it could be genius and that there’s no way they could have been doing it without a really well considered, heavily backstopped plan… but epic strategic miscalculation seems to be going around a lot this year.

Re: Sheryl Sandberg stepping down as Facebook COO

#28
post #25

I increasingly believe that Facebook’s pivot to Meta will end up going down as one of the biggest misses in the history of business. The metaverse is a real idea yes - but strapping a phone to your face and walking through your coffee table isn’t it. Especially not with a mediocre centralized FB owned “virtual world” where they inflict heavy taxes and content moderation. Facebook has neglected its core businesses for…

I don't know anyone under 50 who actively uses Facebook.

Re: Sheryl Sandberg stepping down as Facebook COO

#29
post #25

I increasingly believe that Facebook’s pivot to Meta will end up going down as one of the biggest misses in the history of business. The metaverse is a real idea yes - but strapping a phone to your face and walking through your coffee table isn’t it. Especially not with a mediocre centralized FB owned “virtual world” where they inflict heavy taxes and content moderation. Facebook has neglected its core businesses for…

How is that related to Sheryl stepping down as COO at all?

Re: Sheryl Sandberg stepping down as Facebook COO

#30
post #24
post #6

That's pretty surprising. I know that there has been tons of controversy swirling around the company the past few years, but things have seemed relatively quiet lately, other than their recent bad revenue growth. Do people here think this is a shakeup at the company or that she legitimately wanted to do something else?

Is it really? I don’t think it is. Pre-Trump era she was more the public face of Facebook than even Zuck. Then when the Cambridge Analytica scandal basically did a 180 on the entire reputation of the company she effectively disappeared from the public eye.

Yeah. I suppose I mean that she's been disappeared for the public eye for a while, so why leave now? My guess isn't that maybe she's lost too much influence and just doesn't find the job interesting anymore.
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