Quoted in BusinessWeek on Facebook’s CFO Exit

Quoted in BusinessWeek on Facebook’s CFO Exit

BusinessWeek asked me to share my thoughts on why Facebook’s chief financial officer, Gideon Yu is leaving the social network.

“Facebook’s valuation dropping like a lead balloon severely hurt the company’s ability to raise the capital it needs,” said Andy Beal, editor of the blog Marketing Pilgrim. “I suspect that this double whammy contributed to Yu’s departure.”

ByAndy Beal

Andy Beal is The Original Online Reputation Expert™. A bestselling author of two critically-acclaimed reputation management books, a keynote speaker at dozens of events, and brand consultant experience with thousands of individuals and companies.