About this episode From the show’s notes 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
Read the show’s notes in full ↗
Timestamps
Chapters 13 · press a time to start there 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 Show all 13 chapters 26:55 AI’s impact on productivity and operations 
