By Felix Salmon: Mark Zuckerberg has a reputation as a geek who's focused mainly on technology; the finance stuff he's outsourced to his COO, Sheryl Sandberg, and his CFO, David Ebersman. When anonymous griping about the Facebook (FB) CFO started appearing in the press attributed to senior Facebook executives, I didn't think those executives would be as senior as Zuckerberg himself.
In 2010, Mark Zuckerberg was not a fan of advertising. "There's no point right now in having a massive profit," he said then. "[Ads] factor in, like, not at all." Instead, he was focused on attracting 1 billion active users.
SAN FRANCISCO (AP) — Facebook CEO Mark Zuckerberg reaped a $3.3 billion gain last year by exercising stock options in the social networking company that he founded in a Harvard University dorm room. The windfall saddled Zuckerberg with a huge tax bill, even though he limited his Facebook salary to just $1, according to regulatory documents filed Monday.
What does Mark Zuckerberg think he’s doing, spending $2 billion on Oculus? You could take him at his word — that he sees virtual reality as “a new communication platform” where “truly present” people “can share unbounded spaces and experiences”. Basically, virtual is the new mobile, and Zuckerberg wants to get in on the game early.
Josh Iverson was one of Facebook's very first ad sales people. In 2004, as a media seller at Y2M, he had the job of representing Facebook to companies like Ford and Nickelodeon, which were experimenting with ads on Mark Zuckerberg's college-based network, which had only 1.5 million users at the time.