Sunday, March 09, 2008

Facebook CEO Seeks Help as Site Grows Up - WSJ.com

Facebook CEO Seeks Help as Site Grows Up - WSJ.com: "• The Situation: Mark Zuckerberg, Facebook's 23-year-old CEO, poached top Google executive Sheryl Sandberg to be his chief operating officer.
• The Lead Up: After expanding Facebook quickly in the four years since it launched, Mr. Zuckerberg now needs to expand the company's operations, revenue and international reach.
• The Hurdles: While traffic is rising, Facebook is still spending more than it is bringing in. Industry watchers say it needs a better business model to grow revenue."

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