Dedication To all my enemies: I could not have done it without you. To Zoë Ayala and Noah Pelayo, the only lasting products I have ever shipped. Lastly, to Rachel Caïdor. Lo prometido es deuda. Contents Cover Title Page Dedication Prologue: The Garden of Forking Paths Part One: Disturbing the Peace The Undertakers of Capitalism The Human Attention Exchange Knowing How to Swim Abandoning the Shipwreck Part Two: Pseudorandomness Let Me See Your War Face Like Marriage, but without the Fucking Speed Is a Feature D-Day A Conclave of Angels The Hill of Sand Turning and Turning in the Widening Gyre ¡No Pasarán! The Dog Shit Sandwich Victory Launching! Dates @Twitter Acquisition Chicken Getting Liked Getting Poked The Various Futures of the Forking Paths Retweets Are Not Endorsements The Dotted Line Endgame Part Three: Move Fast and Break Things Boot Camp Product Masseur Google Delenda Est Leaping Headlong One Shot, One Kill Twice Bitten, Thrice Shy Ads Five-Oh The Narcissism of Privacy Are We Savages or What? O Death The Barbaric Yawn Going Public When the Flying Saucers Fail to Appear Monetizing the Tumor The Great Awakening Barbarians at the Gates IPA > IPO Initial Public Offering: A Reevaluation Flash Boys Full Frontal Facebook Microsoft Shrugged Ad Majorem Facebook Gloriam Adiós, Facebook Pandemonium Lost Epilogue: Man Plans and God Laughs Afterword Author’s Note Acknowledgments Index About the Author Praise Copyright About the Publisher Prologue: The Garden of Forking Paths Had I been present at the creation, I would have given some useful hints for the better ordering of the universe. —attributed to Alfonso X, “the Wise,” of Castile FRIDAY, APRIL 13, 2012 The area housing the Facebook high command was a completely unexceptional cluster of desks, remarkable only for the pile of sporting equipment kept by Sam Lessin, one of Zuck’s lieutenants. Similar clusterings, arranged like hedgerows, extended as far as you could see into either leg of the large L formed by Building 16 on Facebook’s campus. The décor was standard-issue Silicon Valley tech: industrial shag carpet, exposed ceilings revealing ventilation ducts and fire- retardant-covered steel beams, and the odd piece of home-brewed installation art: an imposing Lego wall featuring the blocky murals left by employees, another wall papered with the vaguely Orwellian posters the in-house printshop churned out. At the exact vertex of Building 16 was the “Aquarium,” Facebook’s glass- walled throne room, where Zuck held court all day. It jutted into the main courtyard, allowing passing Facebookers to snatch a glance of their famed leader while strolling to lunch. Its windows were reputedly bulletproof. Just outside the Aquarium’s entrance was a makeshift foyer with couches and some trendy coffee-table book or another, which the ever-present scrum of waiting FB courtiers ignored as they made last-minute tweaks to presentations or demos. An adjoining minikitchen, like so many that littered the campus, stocked plenty of lemon-lime Gatorade, Zuck’s official beverage. Inside Facebook’s campus, geography was destiny, and your physical proximity to Zuck was a clear indicator of your importance. Along the periphery of the L ran the exclusive conference rooms of Facebook’s five business-unit leaders. Zuck’s desk neighbors at that point were Sheryl Sandberg, the star chief operating officer (COO) of Facebook; Andrew “Boz” Bosworth, the engineering director who had created News Feed; and Mike Schroepfer, Facebook’s chief technical officer (CTO). None of them were at their desks as I strode in from the courtyard that afternoon. Unlike much of the user-facing side of Facebook, the Ads team was held at arm’s length, as if it was a pair of sweaty underwear, in the next building over. That would eventually change, and Ads team members would occupy some prime real estate in and around Zuck’s and Sheryl’s desks. That was still a long way off, though, and every senior management meeting I was pulled into involved crossing the courtyard at ground level. The centerpiece of this Facebook Champs-Élysées were the letters H-A-C-K, actually inlaid in the concrete slab that formed the courtyard and easily a good one hundred feet long. Angled to be readable on the Google Maps satellite image of campus, it appeared as the supreme Facebookian commandment. My mission today was a meeting with Zuck, scheduled in Sheryl’s conference room, which was named, for reasons I never discovered, “Only Good News.” Skirting the pile of athletic equipment around the executive-desk cluster, I walked into the glass cube of the conference room, which featured a long, white table flanked by a score of pricey Aeron chairs, a flat-panel screen on one wall, and a whiteboard on the other. Most of the meeting attendants, except the two most important ones, were already seated. Gokul Rajaram, the product management head of Ads and my boss, was slouched in his usual twitching, anxious knot; he took a nanosecond’s break from his ever-present phone as his eyes rose to mine. Next to Gokul sat Brian Boland, a buzz-cut-and-balding guy you imagined had wrestled in college, and whom cozy, corporate life had made thick with age. Boland ran product marketing for the Ads team, the group that wove the thick packing layer of polished bullshit that any Ads product was wrapped in before being given to the sales team, who would then push it on advertisers. Sitting at a remove and staring into his phone was Greg Badros, a former Googler who ran both Search and Ads, but seemed more absence than presence in either. Mark Rabkin, the engineering manager in Ads, and an early hire on the Facebook Ads team, was closest to me in rank and attitude. A close collaborator since my first days at Facebook, he resembled a less satanic version of Vladimir Putin. Elliot Schrage was in his usual perch, close and to the right of the table’s end. Schrage held an elevated-sounding and vague title but was Sheryl’s consigliere in all matters. In his fifties, wearing a button-down shirt and “business casual” slacks, he seemed out of place among the fleece-and-jeans- wearing techies; he could have been mistaken for a senior lawyer in a stodgy East Coast law firm—which is what he had been before joining Google and the Sherylsphere. I took a seat toward the opposite end of the Sheryl intimates, and flipped open my Facebook-issue MacBook Pro to nervously remind myself of the meeting’s script. The agenda was pitching Zuck on the three new ads-targeting ideas I had dreamed up, and which constituted a big monetization bet the company was (hopefully) soon to make. Camille Hart, Sheryl’s all-powerful executive administrative assistant, or admin, milled about and tapped away on her laptop, wrangling meeting participants. “Where’s Fischer?” asked Sheryl as she blew in through the door and took her seat at the end of the table. No meeting could start without the minyan of Elliot Schrage and David Fischer, the entourage she had poached out of Google. Camille bolted out to find him. Most everyone stayed silent, pecking at smartphones or laptops. Boland and Sheryl quietly conferred on the state of the slides we were presenting. We’d already prepitched her our products, tweaking the message to maximally appeal to Zuck. Any Zuck meeting around Ads required a bit of prechewing and spoon- feeding. The reason was simple: Ads were not something he cared about at the time, and I imagine he saw these meetings more as duty-bound drudgery than anything else. In one year in Facebook Ads, I had seen the famously micromanage-y founder and CEO in the Ads area precisely once: when he was walking around the building in a circle to get in his ten thousand daily steps. This stood in sharp contrast to the gossipy stories I had heard from product managers on the user-facing side of Facebook about the withering spotlight one lived in when working a product Zuck cared about. In our premeeting meeting, Sheryl had let slip various hints about the best way to present our plans. She clearly knew her boss inside and out. Here was a woman who excelled in the role of gatekeeper and shepherd to difficult and powerful men, whether that role was chief of staff for the prickly US treasury secretary Larry Summers, or COO of and for Zuck. Between her ability to navigate and manage the mercurial and fractious political landscape of a complex organization like Facebook, and her ability to shape messages for Zuck, she was both de facto and de jure the person who ran Facebook Ads. As the debate about the future of Facebook monetization grew more polarized and heated, these meetings would resemble the Supreme Court of Sheryl, the one place where conflicting views could be aired with some hope of resolution. In came Fischer: slim, dapper, and the best-coiffed man at Facebook. Originally one of Sheryl’s reports at the Treasury Department, he had begun his
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