Meta Platforms Management

Cool. I am still a bit confused about the relations. Can you create an good and very easy to understand overview how things relate, which department is most important, how many people work there etc. etc. Your goal would be to create a good understanding and overview that even a beginner could easily follow. Maybe to be done in Notion with a very short briefing post here

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Reality Labs COO departs following internal reorganization at the division

  • Meta’s Reality Labs Chief Operating Officer (COO) Dan Reed will depart the company after nearly 11 years.

    “I see SO much exciting opportunity in this space, to which I eventually intend to return to lead and grow something cool and exciting,” Reed wrote in a LinkedIn post. “In the meantime, I’m very excited after this 20+ year run to take an extended break and spend quality time with my wife and two boys, reconnect with friends and family, and recharge.”

  • He was COO since May 2022.

  • Reed’s departure follows a recent layoff of about 100 employees in Reality Labs and reorganization of the group in January, which saw some teams reporting to him being distributed across broader Meta leadership.

  • In February, Meta’s CTO Andrew Bosworth told employees that 2025 will determine whether they will succeed in Metaverse.

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FAIR’s co-founder, Robert Fergus, who returned recently from Alphabet’s DeepMind, will lead the division

  • Meta appoints Robert Fergus, who recently joined the division from Alphabet’s DeepMind, to lead FAIR.

  • Fergus cofounded FAIR in 2014 and left Meta in 2020.

    “Meta’s commitment to FAIR and long term research remains unwavering. We’re working towards building human-level experiences that transform the way we interact with technology and are dedicated to leading and advancing AI research,” announced in a LinkedIn post.

  • FAIR works on long-term projects that may not be tied to a consumer product and was responsible for building the original Llama.

  • FAIR was until recently led by Joelle Pineau.

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Good video on Mark Zuckerberg’s management style (min 28:00);

  • He said he doesn’t like managing people.

    “I think if you’re going to report to me, you need to be able to manage yourself,” he said.

  • He has a small group of 25-30 people that he engages with directly, other than the heads of product groups.

    “Those people are all brilliant and I work with them super closely, but I also go directly to the people who are running whatever the thing is that I care about, so we’re very nonhierarchical in that way,” he pointed out.

  • He doesn’t believe in delegating.

In general, it strikes me that Zuckerberg is the type of CEO who likes to be directly involved in each product development.

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I think no great CEO manages people because this is way too time costly. Instead they only work with excellent & highly autonomous leaders.
When we are analyzing companies we should always put emphasis on the level of talent a company hired & can attract and retain.
People like Elon Musk for example are extremely good at this. Given he is among the most admired entrpreneurs a lot of the best people want to work for him and he is very good at recruiting very strong & brilliant first principles thinkers.

In addition great leaders are often involved in the details as well as a way to make sure work is great in all small nuances and the company hired the right people for the different lines of product.

Overall i have very high trust in the execution at Meta but believe that some parts of their business like their core algorithms, instagram have better execution teams than others like reality labs or llama.