The startup circuit has witnessed plenty of women rising through the ranks and becoming one of the most influential people of the globe. Now, as we consider one of the biggest names in the startup circuit, we do come across the name Sheryl Sandberg. Well, she is one of the Most Powerful Women, as per Fortune, and is an inspiration for everyone! Read this article to know about the story of Sheryl Sandberg.
Sheryl Sandberg- Quick Facts
Sheryl Sandberg- Real life story
Sheryl Sandberg- Lean In
Sheryl Sandberg- Educational background
Sheryl Sandberg- Role at Facebook
Sheryl Sandberg- Working as a leader
Sheryl Sandberg- Efforts
Sheryl Sandberg- As an inspiration
Sheryl Sandberg- Quick Facts
| Name | Sheryl Sandberg |
|---|---|
| Born | August 28, 1969 Washington, D.C., U.S. |
| Age | 50 |
| Citizenship | American |
| Education | Harvard University (AB, MBA) |
| Title | COO of Facebook (2008–present) |
| Board member of | |
| Net worth | US$1.7 billion (May 2020) |
| Partner | Tom Bernthal (2019-; engaged) |
Sheryl Sandberg- Real life story
Some people like Sheryl have made successful transitions from Washington to Wall Street or Silicon Valley. Well, others have achieved fame beyond their professional roles as executives. Sandberg, who was a senior official at the Treasury Department, has done both of them. Therefore, she is more like a combined package of hard work and fame.
Sheryl Sandberg- Lean In
Sandberg’s book, Lean In has been very successful. It is a member of the bestsellers list and has been sold over a million times since its launch. The publication of the book ignited an international movement that made feminism mainstream again. She is on a first-name basis not only with the CEOs, but also with celebrities like Oprah, Bono, and Michel Bloomberg. She is often reported by senators, senior White House officials, and prime ministers. While she is a personality that anyone could wish to have in his/her team, she chose to be number 2 at a company where the chances of becoming the boss are nearly close to zero.
Sheryl Sandberg- Educational background
Raised in North Miami Beach, she was excellent in academics. She went to Harvard College and has an AB in economics. She is also the recipient of John H. Williams Prize for a top graduating student in economics. Later on, she pursued her MBA at Harvard Business School in 1995 with the highest distinction.
Sheryl Sandberg- Role at Facebook
Sandberg has a hefty portfolio. Apart from that, she has a fluid and trusting relationship with Mark Zuckerberg. Sandberg does all the things Mark hates to do and hence, Mark focuses on what he likes: engineering. Well, due to her efforts, he has given her space to be the public face of the company in many areas, According to Mark, Lean In has done a lot for the advancement of Facebook than what Facebook has done for Lean In. As a result of which while Mark is a celebrity in his own right, and the anti-hero of an Oscar-winning Hollywood movie- Sandberg stands as not only the world’s most popular COO, she is a rockstar in business, politics, and popular culture too!
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Sandberg’s image is so mesmerizing that some find her so compelling that they consider her as a model. It is not just about outsiders who wish that they could replicate her success, inside Facebook, people can’t get enough of her. She manages to do every sort of work very efficiently and with grace. Her days comprise of a flurry of meetings that she runs with the help of a notebook. In the notebook, she keeps a list of discussion points and the action items.
Sheryl Sandberg- Working as a leader
Presently, Sandberg has brought her focus and energy to the problem of mobile advertising. As Mark had reassigned his engineers to prioritize the mobile applications over the website, Sandberg has controlled the business side of Facebook. She has been pushing to simplify the ad formats and has convened biweekly meetings with ad and product executives to balance the user experience with the needs of the marketers. She gives away the stories of conversations she had with the top executives of various companies to give an insight into what the situation demands.
The result of Sandberg’s efforts speaks for themselves. The shares, which tanked after Facebook’s botched IPO in May 2021 are scaling up 140% to around $50 during the recent years. The mobile ads accounted for 41% of Facebook’s $1.6 billion in ad revenue in the recent quarter. The CEO of the company Mark had predicted that the mobile revenue will comprise the majority of Facebook’s business. Therefore, Sandberg has been well rewarded for her contributions. She had earned around $26 million in cash and stock in 2012. Sandberg’s Facebook shares and options are about $704 million! Apart from that, she has an additional $277 million as unvested shares and options.
Sheryl Sandberg- Efforts
A few years ago, Facebook had landed itself with a tricky business partnership with PayPal. Therefore, whenever the teams were in a tussle, Sandberg would personally reach out to John Donahoe, the CEO of eBay, which owns PayPal. The high-level involvements had removed the differences over time. This resulted in din eBay spending far more Facebook ads.
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Well, the same Facebook executives say Sandberg has not missed an opportunity to contribute. However, some of the employees say that Lean In was distracting and took much of her time. But, according to them, it was only for a brief period. The book has turned Sandberg into international sensations. It has helped with recruiting and retention of women engineers and executives. Presently, women executives also lead the company’s global sales, public policy, mobile engineering, European operations, and many important groups. However, only one of Sandberg’s five direct reports is a female and except Sandberg, all of Mark’s six direct reports are male. It seems that women still need to draw out inspiration from Sandberg!
According to some Facebook executives, even though Sandberg can’t be cloned, she can be emulated. For Sandberg, the stories regarding leaving the post are surrounding the company. Presently, Facebook is a young and growing company and she has vowed to stay with the team until the next phase of the company. The book, Lean In, has heightened expectations about Sandberg’s post-Facebook life.
Sheryl Sandberg- As an inspiration
It is no brainer that Sandberg is an inspiration for everyone. Her efforts shave fueled the growth of the company and hence, as a result, Facebook is the largest social media platform in the world. She has risen through the ranks and is one of the reasons why Facebook is still a big name in the startup circuit. Under Sandberg, the team has worked efficiently and continues to do so!
Link : https://startuptalky.com/sheryl-sandberg-story/
Author :- Yash Gupta
July 21, 2020 at 09:27AM
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