
Excerpt:
In 2007, the founder of Facebook, Mark Zuckerberg, knew that he needed help. His social-network site was growing fast, but, at the age of twenty-three, he felt ill-equipped to run it. That December, he went to a Christmas party at the home of Dan Rosensweig, a Silicon Valley executive, and as he approached the house he saw someone who had been mentioned as a possible partner, Sheryl Sandberg, Google’s thirty-eight-year-old vice-president for global online sales and operations. Zuckerberg hadn’t called her before (why would someone who managed four thousand employees want to leave for a company that had barely any revenue?), but he went up and introduced himself. “We talked for probably an hour by the door,” Zuckerberg recalls.
It turned out that Sandberg was ready for a new challenge. She had even talked with Donald Graham, the C.E.O. of the troubled Washington Post Company, about becoming a senior executive there. After the holidays, Zuckerberg e-mailed her, and they had the first of many dinners. They met at the Flea Street CafĂ©, around the corner from her home in Atherton, but then decided that they needed more privacy. His tiny Palo Alto apartment—which had almost no furniture—wouldn’t work. So for six weeks they met for dinner once or twice a week at Sandberg’s six-bedroom home. Sandberg, who goes to bed early and starts e-mailing at 5 A.M., often had to usher the nocturnal Zuckerberg out at midnight. “It was like dating,” says Dave Goldberg, Sandberg’s husband and the C.E.O. of the online company SurveyMonkey. Sandberg says they asked each other, “What do you believe? What do you care about? What’s the mission? It was very philosophical.” Social networking seemed to have better prospects than newspapers and she didn’t want to move to D.C., so she gently turned down Donald Graham.
That winter, Sandberg met with Eric Schmidt, who was then the C.E.O. of Google, about her desire to do something else at the company. He proposed promoting her to chief financial officer, a job she rejected because she didn’t think it gave her enough management responsibility. She asked about becoming the chief operating officer, but Google already had a troika making decisions—Schmidt and the two founders, Larry Page and Sergey Brin—and they didn’t want to further complicate things.
By February of 2008, Zuckerberg had concluded that Sandberg would be a perfect fit. “There are people who are really good managers, people who can manage a big organization,” he says. “And then there are people who are very analytic or focussed on strategy. Those two types don’t usually tend to be in the same person. I would put myself much more in the latter camp.” Zuckerberg offered her the job of chief operating officer.
Read the entire article by Ken Auletta here.