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Sheryl Sandberg stepping down as Facebook COO

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Re: Sheryl Sandberg stepping down as Facebook COO

#53
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?

Honestly Peter stepping down from the board was a larger signal to me. But it’s just the totality of the data points.

Re: Sheryl Sandberg stepping down as Facebook COO

#54
post #20

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.

There's always something else in the news. COO leaving isn't something that can be ignored. She'll still be leaving tomorrow.

She's not leaving until the fall. Of course the timing of the announcement was deliberate, lol.

Re: Sheryl Sandberg stepping down as Facebook COO

#56

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.

These moves are prepared months in advance. I'm not sure why you would link an unrelated trial about a movie star to the announcement. Sheryl is a billionaire, she probably wants to take time off.

Re: Sheryl Sandberg stepping down as Facebook COO

#57

I think it's really deserving of praise that Sheryl managed to join Facebook in 2008, joining right as it was clear Facebook would become a behemoth. She then spent 14 years helping to steer a young Mark Zuckerberg through some of the most immoral, damaging and discrediting decisions a company can make. Now, at the absolutely peak of Facebook, where it's losing users, it's reputation is so bad it literally had to cha…

She also personally approved an anti-semetic smear campaign against Soros, because his trust gave money to some non-profit that were critical of facebook.

Re: Sheryl Sandberg stepping down as Facebook COO

#58
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…

Facebook was always doomed for failure, just like every social platform that came before it. The pivot should've happened years ago with a focus on Instagram and content creation (their shot at streaming was at least in the right direction).

At this point, Facebook has simply waited entirely too long, and the likelihood of any pivot working for a company of their size is basically nonexistent.

Re: Sheryl Sandberg stepping down as Facebook COO

#59
post #34

"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.

Or it's a nice way of saying he's a micromanager.

For real, it almost read like a thinly veiled burn on Mark to me. Like, "give me some space Mark, you don't need to be up in my business constantly".

Re: Sheryl Sandberg stepping down as Facebook COO

#60
post #44

Well, more time to "Lean In" to activities like being in a relationship a guy that systematically covered up the sexual harassment of his female employees, I suppose? https://www.wsj.com/articles/sandberg-facebook-kotick-activi...

Yeah it’s almost certainly related to this. Timing is too close.
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