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I'm out of park, Estes.
0:47
last week the company formerly known as
0:49
facebook got some suits news
0:51
from one of it's top leaders sheryl sandberg
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announced that she will be stepping down from her role as
0:55
the chief operating officer as matter
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and our have been chief operating officer at the
1:00
social media teen years and
1:02
will continue to serve on the company's board
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he visually resigns and of while of twenty
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twenty c n n the news is a big
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deal because samberg was one of the highest
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powered executives in the entire tech industry
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and sort of only second to mark zuckerberg
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in terms of her power at least bucks
1:19
that's records in your correspondent surrey cathartic
1:22
in in the days since sheryl sandberg announced
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her departure three this and thinking about
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the legacy so be behind and
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twelve let's just say it's complicated
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see how you mature face tux
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from a fledgling little start of answer that
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you the way profitable than wrong
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you wrote it out on loan
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nonsense the time some people thought she was
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and she also one of the few female
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leaders in the tech industry which is still heavily
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led by men
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so on the one he and she is a
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glass ceiling brink the and
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a really successful executive
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on the other hand she has been at the
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center of a lot of controversies and she's
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actually had some pr blunders so
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i think time will tell you know ultimately what her
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final legacy will be
2:19
what did a big surprise anyone the sheryl sandberg
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decided to leave matter now and
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is there a reason why she'd toes now why this
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year
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yeah it is a question that she's in getting a law
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and early that recently people
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ask me all day yesterday why now
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why now why now is because it's time
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to write the next after my life and
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what about make sense you've been there fourteen years advise
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you know for years people have been reporting that
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her influence at facebook was waning that
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mark zuckerberg maybe didn't into her as much as
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he used to on some key issues spies
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that's been happening for a while and you
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know why this exact moment well
2:55
there have been more and more scandal over the years
2:57
as facebook has become more politico in
3:00
From Cambridge analytica, all the way up until
3:02
today, when you have issues around if
3:04
if the right-wing in the u.s. Is being censored
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as big as, they think a lot of And
3:09
then there's there's criticism for Sandberg
3:11
and her management of company policies
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and how she kind of has handled some of pr
3:16
backlash to this. She
3:18
wasn't exactly, they're at the very beginning, but
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Sheryl Sandberg was closed. Could you take
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us back to where it all started back in? 2008?
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Sheryl, Sandberg was working for Google. And
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she was a really successful at executive Mark
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Zuckerberg was only twenty-three years years and
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he was still figuring out how to run this or
3:34
a dorm room experiment that he had on
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Facebook Cheryl and
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Mark end up at the same holiday party that was
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thrown by the CEO of startup called Chegg.
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And as The Story Goes they
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meet the door when charles walking
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and and spend the whole party does talking to
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each other and they had this amazing conversation
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about mark zuckerberg division for faced dog and how
3:53
is gonna connect the world and cheryl
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is super impressed seating said
3:58
my could be the next once in a general in
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visionary that he could create something that could
4:02
become the next google the
4:04
they decided they're gonna run the company together and cheryl
4:06
with the has right hand woman right
4:09
and i'm thinking back about would facebook
4:11
actually look like a two thousand and eight i think you could
4:13
poke people i'm not sure if there was a
4:15
new seed could you just tell us
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what the company was up to more broadly back then yeah
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it was definitely still in it's adolescence
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or maybe even infancy it was largely
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for college and high school sudan's and
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and it wasn't somewhere where you would go to necessarily
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read the news or talk about
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politics like maybe a lot people do today it
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was more a place where you post photos resolve
4:36
that party his arse he of look at
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pictures of your crush and college
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and it was aspiring to be something
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a lot bigger and it was trying to
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kind of rise up to the level of a major communication
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platform the way that google is
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or a major major business
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the way that amazon as well we know now that
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facebook did rise up and become a
4:56
huge company
4:57
how did the platform change over the course
4:59
of the sheryl sandberg era what did she do
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neither doing a lot more than just making
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money and figuring out and and hiding model
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for facebook she argued the had one of
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the toughest gigs in the tech industry because
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she ended up after seeing face bucks entire
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business operations so not just
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as as business and partnerships that accompanies
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which made it money but also content
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moderation recruiting pr
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and it was those long list of duty that the company
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that she took over that allowed zuckerberg
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to be yeah just focus on what he liked doing
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fast which was engineering coding
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building products and cheryl was
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the adults in the room the one who made sure that
5:34
these books was a mature a company and
5:37
that it can grow into the giant that it is today
5:39
do any big milestones stand
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out during drills in birds time it's
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a fucking the last fourteen years she helped
5:45
me spoke to figure out how to make a lot of money
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and she did that by applying some of the lessons that she
5:50
learned a google and their massive
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advertising business and teaching the based
5:54
on and i would say that your biggest
5:56
milestone he was probably
5:58
equally if not more
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one for her business accomplishment at facebook
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as she was for her public advocacy
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are women in business and she wrote lean
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and it was a new york times best seller
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and eighty of reddit award bosses and bring
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back to where santa
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we need our and
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no she basically with advocating for women
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should be more assertive in both the workplace
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and her family lives about achieving
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all they wanted to and lies that made
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her sort of corporate feminist icon and
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it also had some critics i think
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some people so pointed to a separate work
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inside it's not all about as an individual woman
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advocating for herself it's also about structural
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issues in the workplace like sexism that make it hard
6:39
but it's another day
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they lean and was a smash hit
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and it continues to be the household
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movement name as associated with sandbags
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reputation
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while moving forward what is sheryl sandberg
6:50
resignation mean for matter what
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happens now the departure comes at
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a time of major
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you're in key for met i am really
6:57
social media as we know it right now
7:00
matter stock prices his face historic
7:02
low there's an ongoing threat
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of regulation and more scrutiny from the government
7:07
and the company is no longer
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focusing on social media ceo mark says he
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actually wants to build the next metaverse
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and have is all living the sort of a are vr
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virtual world and some people ministry
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worry that now you would show leaving
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there won't be any one last
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the of steer zuckerberg them
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push back on some of his decision making
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and then of course now there's one
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less woman in a leadership positions not
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just as a spokesman added and
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hi tech industry and i think
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that worrisome people who haven't
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seen enough progress or in leadership
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a company's products we use every single day
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and whether or not the people making decisions
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at that they are reflecting
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an equal gender breakdown
7:51
dream thanks for joining us thank you so much
7:55
today's episode was produced by taylor
7:57
make in the mix as libelous opposed
8:00
hemlock reproductions i madam
8:02
augustus thanks for listening
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