Ray Soifer, a top-rated banking analyst based in Arizona, has an explanation for the crisis gripping the stock market: Blame Harvard! Soifer has long studied the proportion of Harvard MBAs who pursue careers in finance; when more than 3 in 10 head for Wall Street, it's time for investors to sell, he says. The…

When users revolted against a Facebook redesign in 2006, CEO Mark Zuckerberg wrote a post in response titled "Calm down. Breathe. We hear you." In it, Zuck came off defensive and condescending. "We're not oblivious of the Facebook groups popping up about this (by the way, Ruchi is not the devil)," he wrote. Now,…

Sheryl Sandberg's right! We've teased Facebook's overserious COO for talking up Facebook's need to sign up more users before figuring out how it's going to make billions of dollars off of them. But analytics firm eMarketer says only 42 percent of the Internet-using world knows about social networks. Translation: A…

Officially, Facebook is treating the onslaught of viruses piggybacking on the social network's popularity as a very, very serious matter. We're talking Sheryl Sandberg serious. Facebook's press statement reads: "We are investigating every report, removing false content, blocking bogus links and addressing the…

PALO ALTO — How was Facebook's toga party, held to celebrate the company's 100 millionth user? We couldn't sit back and just read the status updates. So we sent a Valleywag spy deep inside the social network's headquarters. At last, the answer to the question, "What do you get when you mix 5 kegs of beer and a case…

To celebrate the company reaching 100 million users, Facebook employees are holding an impromptu toga party at a park near the company's office on Waverly in downtown Palo Alto, a tipster reports. (Dave Morin, Facebook's ubiquitous evangelist, also Twittered about the party, so it must be true!) Is this the last…

Maybe you haven't heard, but there's drama. Paul and Melissa have started a breakaway Leave Sheryl Sandberg Alone movement, dividing the 'Wag. Jackson and I don't know what to say. Someone going by Fake Sheryl Sandberg does. She begins her comment on Owen's last post:"Dear Owen Tummy"

The best thing Valleywag ever did for Facebook COO Sheryl Sandberg was to call her a liar. That's just not done in the genteel office parks of Silicon Valley. It garnered the embattled executive a much-needed wave of sympathy within her company, on which she's now planning to capitalize.Valleywag's coverage last…

After slapping our beloved sweaterbear Owen Thomas for his description of Sheryl Sandberg's "reign of terror" at Facebook, Kara Swisher has left the lower 48 and hopped on a boat bound for Alaska. While bears may seem cuddly, danger may lurk in their embrace. Since we wouldn't want anything bad to happen to our…

Don't feel too sorry for Ben Ling, the star product marketer who leapt from Google to Facebook back to Google in less than a year. Facebook COO Sheryl Sandberg — herself a Google alum — has threatened not to let Ling keep the shares he earned to date. It was a petty move that goes against Valley standards of on how…

Sheryl, Sheryl, Sheryl. It's been quite a week, for us and for Facebook's COO. Sheryl Sandberg isn't the kind to yell, like the 10 tyrants we featured this week. She's much more subtle than that. Or at least we thought she was, until she botched product marketer Ben Ling's high-profile return from Facebook to…

A tipster reports spotting Mark Zuckerberg in San Francisco today, outside 21st Amendment in San Francisco. He was "having a conversation (all smiles) with two other guys," our tipster tells us. The restaurant and bar is near San Francisco's South-of-Market startup epicenter, so there's any number of reasons…

In retrospect, advising Facebook CEO Mark Zuckerberg to hire Sheryl Sandberg was not Valleywag's finest moment. All we can say is she had us fooled, too — though not for very long.The reality, which took us too long to grasp: Sheryl Sandberg ran Google's customer service operation, the grunts who reviewed the text…

It seemed like such a simple proposition. Facebook COO Sheryl Sandberg wanted Ben Ling to lie for her, and get rich doing it. Ling is — was — the director of Facebook's applications platform, which had garnered the social network much of its buzz over the past year. But he'd been supplanted by Elliot Schrage,…

Facebook's COO is tearing down the temple. That's the only conclusion I can reach after witnessing the Sheryl Sandberg's management of the Palo Alto-based social network. What I hear from inside Facebook: She demands total loyalty, and brooks no dissent — even the healthy, boisterous debate that's common to…

The departure of star Facebook director Ben Ling has been roiling Facebook since word first spread at the social network's Palo Alto headquarters yesterday. One inevitable question some Facebookers are asking: What does this mean for the price of our stock? If Facebook were publicly traded, it's unlikely one…