Sandberg leaves for Facebook. Let’s all recite Eric Schmidt’s Serenity Prayer.:
“In other words, Sandberg’s value to Facebook arises not from her job skills but from her reputation as an investor. Sure, she’s not investing money; she’s investing her time and her name. But she’s investing nonetheless. She’s betting that this thing is going to pay off in a big way. And she will draw other investors behind her. It’s like when Warren Buffett invests in something. Everyone else jumps in too because they figure the Sage of Omaha knows something they don’t.
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