Susan Li of Meta—the youngest chief financial officer of a Fortune 100 company—joins John Collison to talk about capital allocation, managing investors, and how Mark Zuckerberg has changed over the 17 years of working together.
Full episode transcript
Full episode transcript
Timestamps
(00:00) Intro
(01:20) Early education and career
(02:15) Lessons from Michael Grimes at Morgan Stanley
(03:12) Leadership traits and succession planning at Meta
(06:05) Mark Zuckerberg’s leadership and culture of feedback
(09:06) Financial forecasting and capital allocation
(14:18) ROI on Meta’s portfolio of bets
(15:05) Investor sentiment in 2022
(17:49) The story behind the “free cash flow” hats
(18:58) CapEx trends in the AI era
(21:48) A memorable earnings call
(24:16) Challenges of allocating compute vs headcount budgets
(26:55) AI’s impact on productivity and operations