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Facebook: Mark Zuckerberg demotes his No. 2 execAugust 15th, 2007 at 1:37 pmSource:Valleywag
The house also sports a 2,700-gallon salt water aquarium, a home theater that trumps commercial movie venues, a Web-enabled wine cellar that keeps itself stocked, automated dog-food dispensers, a mahogany slide that took a year and a half to build, an indoor treehouse, a secret passage triggered by a Harry Potter book, and a waterfall shower in the master suite that gushes 300 gallons per minute. Apple board member and noted environmentalist Al Gore would not approve. Steve Wozniak’s 7,100 sq. ft. Los Gatos home, by contrast, is a quaint bungalow at best. Sure, it features “a children’s discovery complex, an arcade, a cave (designed to look real by experts from the California Academy of Sciences ) and a pet hotel.” But those hardly compare. Scott Jones, with this house, has launched himself firmly into Michael Jackson Neverland territory. How does the CEO of an also-ran search engine afford such a spread? I’m sorry, did I fail to mention that Jones’s first company, Boston Technology, invented voicemail, and that he runs six other companies in addition to ChaCha, including Gracenote, the music directory used by many services, including Apple’s iTunes? All of which raises the question: Why, with all his wealth, does Jones need Indiana University president Michael McRobbie, a former ChaCha board member, to oversee a deal in which IU librarians and IT staff are forced to volunteer their time on ChaCha? Watch Indiana’s RTV6’s video tour or view the slide show.
Chamath Palihapitiya, the former AOL executive, now heads up marketing; having criticized Silicon Valley’s white-male old boys’ club, Palihapitiya must surely be pleased with Van Natta’s comeuppance. Matt Cohler, the LinkedIn cofounder who jumped to Facebook some time ago, is now in charge of “business operations” and strategy. Gideon Yu, the recently hired CFO, is now free to fib about Facebook’s finances, as he did as YouTube’s CFO after that company was acquired by Google. And close Zuckerberg associates Dustin Moskovitz and Adam D’Angelo now have tighter reins on the company’s products and technology. But Zuckerberg could be setting himself up for a fall. By elevating Van Natta’s rivals, he’s going to find himself spending time on personality conflicts, infighting, and turf warfare instead of tending to the needs of his beloved users. Palihapitiya, Cohler, and Van Natta, for example, are, by their titles, charged with Facebook’s “operations.” The more Zuckerberg’s executives spar over fields of authority, the less attention they’ll pay to business. Zuckerberg has asserted his power — at the cost, potentially, of his abiity to get things done.
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Founders never share power willingly, gracefully, or for very long. That’s a lesson that 























