In its near 400-page S-1 filing for an initial public offering, Facebook had to reveal not only details about its revenue figures but also the now well-known names that helped build the social network from a dorm room side project into a global company. Not all of them are flattering. We knew that Sean Parker likes to party and Mark Zuckerberg has a dog. But did you know that Facebook can't live without Sheryl Sandberg?
Mark Zuckerberg is now at the mercy of stockholders. The IPO filing concedes that the 27-year-old has "control over key decision making" thanks to his controlling share of the stock. Facebook also paid Zuckerberg a (somewhat paltry) $703,833 in salary last year -- with stock, the number is about double at $1,487,362 -- but that will be reduced to $1 in 2013. That said, since he owns 28.4 percent of the company, he can just sell a few shares if and when he feels low on cash.
Sheryl Sandberg is one of two "key personnel" whom if lost, "could harm [Facebook's] business." (The other one is easy to guess.) For her efforts, Sandberg earned $318,966 in salary from Facebook, but with her 1,899,986 Class B shares and 39,321,041 in stock options, her total shares are probably worth about a billion bucks.