Facebook Poaches Google

OB-BC515_Sheryl_20080304131844.jpgFacebook CEO Mark Zuckerberg took a significant step towards monetizing his company yesterday with the hire of Sheryl Sandberg, Google’s vice president of global online sales and operations. Sandberg will become chief operating officer at everyone’s favorite social network.

Sandberg, who joined Google three years before it went public and turned the company’s Adsense and Adwords into the multi-billion dollar business it is today, told The New York Times she sees similarities between a young Google and today’s Facebook. “For me that is part of the excitement. I’ve loved being part of the process of helping to build Google. The opportunity to help another young company to grow into a global leader is the opportunity of a lifetime.”

Her hire will help the company survive the departure of chief revenue officer, Owen Van Natta, who’s leaving the company to pursue an executive position elsewhere.

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