We Want Yu for the Facebook Army

Posted by Keith Hahn, Jul 25, 2007, 9:40am

we want yu.jpg Facebook is now ripping people away from Google. Gideon Yu, YouTube's former finance chief, has joined the social networking site as CFO, replacing Mike Sheridan, who will be summarily executed.

Yu's career path is a microcosm of the flow of Tech company buzz. Yu was the treasurer at Yahoo, then joined YouTube to help negotiate the $1.7 billion sale to Google. Yu stuck around at Google, turning down plans to become a partner at VC bastion Sequoia Capital. Not one to be confused with a loyal employee, Yu's made all these moves in the past year. While crossing his fingers behind his back, Yu commented, "I'm hoping this is my last job for a long time."

Mark Zuckerberg is fully aware of the implications of nabbing Yu, and is quoted in the Journal, saying "I consider it kind of a coup that we were able to recruit him here." Zucks affirmed the notion that he is not looking to sell facebook, dress like a grown-up, or IPO anytime soon, however people in the loop believe that facebook is on a 2 year IPO time table if it doesn't get scooped up.

Facebook Hires Yu as Finance Chief [Wall Street Journal]

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Comments

Posted by Anon, Jul 25, 2007 10:43AM

Its going to be very entertaining watching Zuckerberg pay out all his profits once he loses the lawsuit thats about to come to court. The other Harvard students have an incredible amount of documentation of how he lied to them and stole their idea for the whole site. Their original business plan was copied almost exactly after they hired him to build it for them and he told them it couldn't be done.

Posted by anon, Jul 25, 2007 10:46AM

10:43, people who can't program for themselves have no business launching software start-ups anyway...

Posted by jt, Jul 25, 2007 10:50AM

anon@10:46 - What about people who can program but are comparitively better at conceiving, starting, and managing a start-up? Pretty sure Zuckerberg fits that mold at least to some extent.

Posted by Carl Icon, Jul 25, 2007 11:13AM

The Winklevoss twins have nothing. Will their suit get dismissed for a second time? We'll see..

Posted by Anon, Jul 25, 2007 11:24AM

Carl, It was a minor technicality the first time. The judge even commented on the strength of the allegations. Good luck with that.

Posted by Random Banker, Jul 25, 2007 12:00PM

"Good artists copy, great artists steal"
-Pablo Picasso (trans Steve Jobs)

I used to kind of admire Zuckface but now that I know zuckface stole the whole idea i'm positively rapturous of the pure Machiavellian nature of this latter-day Bill Gates

Posted by , Jul 25, 2007 1:32PM

i thought it was Wilde who said mediocre artists borrow, great artists steal. but maybe not. but whats facebook got to do with art?

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