Risk, returns & timeframes illustration
1 min read
June 8, 2022
by

Sheryl Sandberg: It’s complicated

She may have tamed Facebook’s frat house but has Sheryl Sandberg left Meta facing a world of fresh doxxing woes? Sandberg was poached from Google to become Zuckerberg’s right hand woman and now she’s joined The Great Resignation. Delve into the legacy of Silicon Valley’s corporate feminist.
1 min read
June 8, 2022
by

Sheryl Sandberg: It’s complicated

She may have tamed Facebook’s frat house but has Sheryl Sandberg left Meta facing a world of fresh doxxing woes? Sandberg was poached from Google to become Zuckerberg’s right hand woman and now she’s joined The Great Resignation. Delve into the legacy of Silicon Valley’s corporate feminist.
1 min read
June 8, 2022
by

Sheryl Sandberg: It’s complicated

She may have tamed Facebook’s frat house but has Sheryl Sandberg left Meta facing a world of fresh doxxing woes? Sandberg was poached from Google to become Zuckerberg’s right hand woman and now she’s joined The Great Resignation. Delve into the legacy of Silicon Valley’s corporate feminist.
Table of contents
Getting Started Investing course
Free Getting Started Course
Take your first, or next, step to becoming a confident investor with Hatch's free online course – just 10 minutes a day, for 10 days.
The Fry up logo with fried egg
Weekly news from Wall St
Subscribe to The Fry Up - your weekly sizzle of headline-grabbing share market news. Read by 60,000 Kiwis to help them take charge of their investing journey.

Despite plagues of locusts, hurricanes and tsunamis, 2004 was not a preamble to the world ending. 🦗 But, was it the beginning of a new ‘dystopian’ world forged by a Harvard drop-out? Facebook, now Meta (FB), was born in an era of heady liberal optimism aiming to do good in the world, all while clipping the ticket. First, Meta made hundreds of millions. Then in 2008, mother of two, Google exec Sheryl Sandberg - instigator of Google’s (GOOG, GOOGL) lucrative advertising model fueled by the phrase ‘don’t be evil’ - was headhunted as Meta’s COO. Frying pan, fire? 🔥 

As the adult in the room, Sandberg was a steady hand on 23-year-old CEO Mark Zuckerberg’s shoulder, paving the way for the global platform to reach beyond just being a social network. Within three years of two ‘bergs at the helm, with Sandberg's advertising prowess, Meta saw titanic revenue growth, from US$150 million to US$3.7 billion. Then in 2012, the company that torpedoed MySpace and Bebo from the metasphere listed on the US share markets. This elevated Sandberg to the billionaires club alongside 103 other women, a mere 8% of all billionaires at the time. 🙄

Having domesticated the Facebook frat pack, the ‘PowerPoint Pied Piper in Prada ankle boots’ penned her Lean In corporate feminist manifesto. 📝 Despite Lean In launching a global community, critics labelled her pompom feminism ‘naïve’, calling out failings to tackle societal systemic issues, particularly for women of colour. 

After 14 years at the top table, Sandberg now joins The Great Resignation, leaning out of Meta, and her legacy is ‘mixed’. Sure, in 2021, of Meta’s US$117 billion revenue, 97% came from advertising. But under Sandberg’s watch, Zuckerberg was prompted to say ‘I’m sorry’, the company is today facing fresh scrutiny after data management doxxing, and she leaves behind a yawning gender gap for females in tech. …Could the last adult to leave the room please turn out the light? 💡

We’re not financial advisors and Hatch news is for your information only. However dazzling our writing, none of it is a recommendation to invest in any of the companies or funds mentioned. If you want support before making any investment decisions, consider seeking financial advice from a licensed provider. We’ve done our best to ensure all information is current when we pushed ‘publish’ on this article. And of course, with investing, your money isn’t guaranteed to grow and there’s always a risk you might lose money.

Join the Kiwis who are hatching their tomorrow and have invested more than $1 billion with Hatch.

Explore another series
Tax
Money
Economy
Investing

More recent news articles

Recent learn articles

6 min read
Jul 9, 2024

Can Nike’s Olympic dream rebound stock after 20% plummet?

Kiwi athletes are not the only ones aiming for Olympic gold in Paris this July. Nike is pinning hopes on the ‘pinnacle’ event to gain exposure, with the Olympic Committee for the first time allowing non-sponsor brands to post Olympic content in social media. Could the Games help Nike reach for gold, up from their expected 10% sales dip?
Read more
7 min read
Jun 19, 2024

Apple Intelligence sparks ‘record-high’ stock bounce back

It’s been called ‘killer AI’ and ‘groundbreaking’, but is Apple’s play for AI supremacy a simple game of catch up? Or has Apple changed the AI game forever? The difference between Apple Intelligence and other Big Tech AI is their custom silicon chip built into Apple devices. The result is seamless, high speed, accurate AI integration. So what does it mean for investors?
Read more
6 min read
May 28, 2024

The US vs Live Nation; stocks fall nearly 8% in a day

Following Ticketmaster’s Taylor Swift ticketing blunder, Tay-Tay's fans united fans to sue music event behemoth Live Nation. Now, after two years of investigation, the US Department of Justice has banded together with nearly 30 US states and have sued parent, Live Nation Entertainment. So what do they allege, and can they win?
Read more

Related news articles

More recent learn articles

No items found.

Recent news articles

More recent learn articles

6 min read
Jul 9, 2024

Can Nike’s Olympic dream rebound stock after 20% plummet?

Kiwi athletes are not the only ones aiming for Olympic gold in Paris this July. Nike is pinning hopes on the ‘pinnacle’ event to gain exposure, with the Olympic Committee for the first time allowing non-sponsor brands to post Olympic content in social media. Could the Games help Nike reach for gold, up from their expected 10% sales dip?
Read more
7 min read
Jun 19, 2024

Apple Intelligence sparks ‘record-high’ stock bounce back

It’s been called ‘killer AI’ and ‘groundbreaking’, but is Apple’s play for AI supremacy a simple game of catch up? Or has Apple changed the AI game forever? The difference between Apple Intelligence and other Big Tech AI is their custom silicon chip built into Apple devices. The result is seamless, high speed, accurate AI integration. So what does it mean for investors?
Read more
6 min read
May 28, 2024

The US vs Live Nation; stocks fall nearly 8% in a day

Following Ticketmaster’s Taylor Swift ticketing blunder, Tay-Tay's fans united fans to sue music event behemoth Live Nation. Now, after two years of investigation, the US Department of Justice has banded together with nearly 30 US states and have sued parent, Live Nation Entertainment. So what do they allege, and can they win?
Read more