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Old 03-26-2008, 09:12 PM   #1
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Google Loses Top Exec To Facebook! wtf?

Never thought this would happen in my wildest dreams..

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Google veteran Sheryl Sandberg has taken the job of chief operating officer at Facebook, a move that deals a blow to the search king. Shares of Google fell about $12, or 2.6%, to $445 in late Tuesday afternoon trading.

As vice president of global online sales and operations at Google (nasdaq: GOOG - news - people ), Sandberg built and managed the company's blockbuster online advertising programs, AdWords and AdSense, which accounted for 99% of its $16.6 billion revenues in 2007. Google said Sandberg will be replaced by her deputy, David Fischer.

Sandberg starts at Facebook later this month. As COO of the popular Palo Alto, Calif.-based social networking site, she will help Facebook scale its operations and expand internationally. "The challenges Facebook faces are scale," Sandberg says. "Facebook is in the process of scaling operationally, geographically and scaling monetization."

Sandberg was coy about discussing more detailed goals that she has in mind for Facebook. "I'm currently a Google executive, so I can't answer questions about Facebook," she told Forbes.com.

In her new role, Sandberg will oversee the company's sales, marketing, business development, human resources, public policy, privacy and communications. Sandberg will report directly to Facebook Chief Executive Mark Zuckerberg. In a statement, Zuckerberg said that Sandberg has "a track record of scaling business operations and building new kinds of advertising networks."

At Facebook, Sandberg says she will draw on her experience helping Google grow rapidly. She started at Google in 2001 when it had only 300 employees. By the end of 2007, the Mountain View, Calif., company had 16,805 employees worldwide. Despite its rapid growth, Sandberg says Google has managed to maintain a culture of openness, creativity and innovation. "As companies get big, they get bureaucratic and stifle innovation," she says. Google, she notes, proves that big companies "can still be bold and be creative."

Facebook has about 500 employees but plans to double its head count by the end of the year.

At Google, Sandberg also helped launched Google.org, the company's philanthropic arm. Prior to Google, Sandberg had been chief of staff to the U.S. Treasury Secretary during the Clinton Administration, a management consultant at McKinsey & Co. and an economist at the World Bank.

Sandberg's departure deals a blow to Google, which has had a complicated relationship with Facebook, losing some mid-level executives and engineers to the site in the past year. It also lost a bidding war with Microsoft (nasdaq: MSFT - news - people ) in 2007 for a stake in Facebook. To counter that, Google launched a program last year to spur the development of a universal social networking platform, "OpenSocial," outside the Facebook system. ( Editor's note: Elevation Partners, which holds a minority stake in Forbes, was also an early investor in Facebook.)

Sandberg's appointment as chief operating officer at Facebook comes a month after the company announced that Owen Van Natta, its chief revenue officer and former COO, would be leaving. Van Natta reportedly left because he wanted to be chief executive of Facebook, but Zuckerberg, who is only 23, doesn't appear to be stepping down anytime soon.

Asked whether she had also been interested in the CEO spot at Facebook, Sandberg, who is 38 and has more experience than Zuckerberg, said the COO job suited her just fine. "I think part of the attraction for this job is to work with and for Mark," she says. "He's extraordinary. He has a very broad vision of what Facebook can be to people."
Source: http://www.forbes.com/technology/200...4facebook.html

Funny thing is, it didnt stop there! more people are heading over too! WTF?!
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Old 03-26-2008, 09:17 PM   #2
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What would be irony is if google then buys facebook and then gives them shit jobs.
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Old 03-26-2008, 09:19 PM   #3
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haha woudl serve them right.
google treats their employees like gold, why would anyone leave?
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Old 03-26-2008, 09:21 PM   #4
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google treats their employees like gold, why would anyone leave?
all that glitters is not gold
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Old 03-26-2008, 09:23 PM   #5
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all that glitters is not gold
ok... i dont see how that saying is relevant at all
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Old 03-26-2008, 09:26 PM   #6
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500 employees. Jesus. Not bad.
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Old 03-26-2008, 09:29 PM   #7
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That seems a strange move
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Old 03-26-2008, 09:35 PM   #8
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maybe she wanted a change?
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Old 03-26-2008, 09:35 PM   #9
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500 employees. Jesus. Not bad.
face book is huge... id think they would have more

look at alexa
Rankings for countries..
Canada 2
United Kingdom 2
Turkey 2
South Africa 2
Colombia 3
Egypt 3
Panama 3
Croatia 3
Jordan3
United States 5
Puerto Rico 5
Australia 5
Israel 5
Serbia and Montenegro 5
United Arab Emirates 6
Hong Kong 7
Singapore 7
Greece 8
Malaysia 9
Venezuela 11
India 11
France 13
Chile 14
Mexico 16

their page:
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Old 03-26-2008, 09:39 PM   #10
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ok... i dont see how that saying is relevant at all
maybe "google treats their employees like gold" is not so entirely true. Maybe some employee experienced some less than gold treatment.
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Old 03-26-2008, 09:43 PM   #11
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maybe "google treats their employees like gold" is not so entirely true. Maybe some employee experienced some less than gold treatment.
you think they would treat their bottom employees liek gold and their top execs like crap?
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Old 03-26-2008, 10:10 PM   #12
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you think they would treat their bottom employees liek gold and their top execs like crap?
hope you keep your mind more open about other things in life.
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Old 03-26-2008, 10:21 PM   #13
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hope you keep your mind more open about other things in life.
im actually legally blind, thanks for reminding me ass...
they made http://brail.gfy.com for me..
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Old 03-27-2008, 12:06 AM   #14
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SHes gonna head up their social ads dept and its gonna be more like adwords.
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Old 03-27-2008, 02:12 AM   #15
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Once you get to the TOP sometimes the job just isn't like you expected and it's always nice to build up something but when you get to the top, you might want to come back down and start again.
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Old 03-27-2008, 02:56 AM   #16
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Facebook needs her!
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Old 03-27-2008, 03:02 AM   #17
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Imagine the stock options she must be getting. same way Meg Whitman became a billionaire running ebay as CEO.

Google is facing what microsoft faced few years ago, lot of their talent switched to google, now they are going to facebook. Real talent always like to move to something fun and exciting.

If you really look closely, google hasn't dont anything fun and exciting lately. They are busy doing the same thing everyone else is doing or buying things. Its good for their pocket, but not fun for the the n3rds )
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Old 03-27-2008, 03:03 AM   #18
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Imagine the stock options she must be getting. same way Meg Whitman became a billionaire running ebay as CEO.

Google is facing what microsoft faced few years ago, lot of their talent switched to google, now they are going to facebook. Real talent always like to move to something fun and exciting.

If you really look closely, google hasn't dont anything fun and exciting lately. They are busy doing the same thing everyone else is doing or buying things. Its good for their pocket, but not fun for the the n3rds )
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Old 03-27-2008, 03:34 AM   #19
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I think I would just stay at google.
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Old 03-27-2008, 03:38 AM   #20
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Sometimes, you just need a change
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Old 03-27-2008, 03:47 AM   #21
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haha woudl serve them right.
google treats their employees like gold, why would anyone leave?
Actually Google treats its employees like children. It's very clever. Infantising the workforce. They do your washing for you, they feed you, they have 'cool' environments to work. Meaning that there is no REAL need to go home, thus employees work super long hours, out of choice, because they feel like Google is their parent.

Very interesting and manipulative.
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Old 03-27-2008, 07:07 AM   #22
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If you really look closely, google hasn't dont anything fun and exciting lately. They are busy doing the same thing everyone else is doing or buying things. Its good for their pocket, but not fun for the the n3rds )
If you look closely googleis doing exciting things on a daily basis.. go take anothe gander
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Old 03-27-2008, 07:15 AM   #23
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I don't see what's the problem here? Sure it's big news because it's a loss for Google, but then again maybe she wasn't enjoying her job at Google so well anymore. Why would she stay there, just because Google is the biggest?

I think it's stupid to say you would stay with Google, just because they're the king of search engines. You don't know what she experienced there and her reasons to quit... but I'm sure she made the right decision. What if her boss acted like an ass? Just an example.
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Old 03-28-2008, 04:28 PM   #24
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james, eh i just i think its weird to think that an exec at google will go to facebook.. but then again facebook is kind of a big deal
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Old 03-28-2008, 04:39 PM   #25
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banthis,

Looks to me her job at Google was done.

She needed a change.

Facebook definately needs to improve it's marketing.

as they have an over abundance of un-tapped potential.
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Old 03-28-2008, 04:41 PM   #26
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facebook is a new challenge ... the googles is old hat
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Old 03-28-2008, 05:12 PM   #27
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maybe they pay more??? Seems to me that would make the decision easier or harder. Neither compnay is going out of business anytime soon so who pays better is the big question.
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Old 03-28-2008, 05:21 PM   #28
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Google top exec female? wtf?
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Old 03-28-2008, 05:25 PM   #29
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I'm sure she knows what she is doing... she probably got great pay + great stock options in the deal... and as long as she does her job, those stock options will be worth probably gazillions in a year or 2...
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Old 03-28-2008, 05:30 PM   #30
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Google top exec female? wtf?
i know! what next? women having the right to vote?!
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Old 03-28-2008, 06:29 PM   #31
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What would be irony is if google then buys facebook and then gives them shit jobs.
I would imagine if this happens she won't have to work ever again.
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Old 03-28-2008, 06:40 PM   #32
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my guess..in 5 years another fad social networking site will take over and facebook will be in the shadows.
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Old 03-28-2008, 07:06 PM   #33
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she gets more power and into that special club.
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Old 03-28-2008, 07:08 PM   #34
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my guess..in 5 years another fad social networking site will take over and facebook will be in the shadows.
eh i dont think its going anywhere so quick..
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