I am always deeply saddened by the fact that so much of our digital social infrastructure was built by a company with little humanity. How many interactions have been enhanced, as opposed to monetized, by Facebook technology? My understanding is Sheryl was a supporter of this numbers based approach to the business, and maybe this will be a change for the better.
Sheryl Sandberg stepping down as Facebook COO
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Re: Sheryl Sandberg stepping down as Facebook COO
#62> Mark’s belief that people would put their real selves online to connect with other people was so mesmerizing that we stood by that door and talked for the rest of the night. Real selves, ha! More like jealousy (and other negative emotions) evoking versions of selves.
One might argue that is many peoples' real version of themself.
Re: Sheryl Sandberg stepping down as Facebook COO
#63I 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.
Almost everyone I know under 50 uses WhatsApp and/or Instagram multiple times per day.
Re: Sheryl Sandberg stepping down as Facebook COO
#64I 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…
Meta reported revenue of $27.9 billion in Q1 2022. They will continue making billions from ads for decades even if the metaverse play goes nowhere. But if you believe that VR/AR is going to eventually go mainstream then Meta is positioned to be a player in that market, even if it’s just a 2nd or 3rd place player that’s potentially billions in additional revenue.
Re: Sheryl Sandberg stepping down as Facebook COO
#65No post body was provided.
Re: Sheryl Sandberg stepping down as Facebook COO
#66"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.
When you saw only one set of tracking cookies, it was then that Mark Zuckerberg was carrying you.
Re: Sheryl Sandberg stepping down as Facebook COO
#67It'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.
Prepared months in advance, but there's some flexibility on the exact timing of the announcement.
EDIT: Apparently this was not actually prepared months in advance.
> I’m told that Sheryl Sandberg notified Mark Zuckerberg that she would step down over the weekend
Re: Sheryl Sandberg stepping down as Facebook COO
#68I 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.
I use it everyday. What’s up?
Re: Sheryl Sandberg stepping down as Facebook COO
#69I 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…
Meta reported revenue of $27.9 billion in Q1 2022. They will continue making billions from ads for decades even if the metaverse play goes nowhere. But if you believe that VR/AR is going to eventually go mainstream then Meta is positioned to be a player in that market, even if it’s just a 2nd or 3rd place player that’s potentially billions in additional revenue.
Well the epic stock slide over past few months would tell you investors are highly cautious about the company’s future.
Re: Sheryl Sandberg stepping down as Facebook COO
#70Javier Olivan, the company’s chief growth officer, will take over as COO this fall, a spokesperson told CNBC. Sandberg will continue to serve on Meta’s board of directors.
(https://www.cnbc.com/2022/06/01/facebook-coo-sheryl-sandberg...)