Sheryl Sandberg on Facebook's Future

In an exclusive BusinessWeek interview, the social networking site's chief operating officer talks about controversies and strategy

The social networking site Facebook has proven wildly popular, with the company announcing on Apr. 8 that it hit 200 million registered users. But the startup's business prospects are less obvious. Can Facebook evolve into another Google (GOOG), tapping a gusher of ad revenue? Or will it struggle to turn eyeballs into profits, like a relic of the dot-com era? In an interview in New York, BusinessWeek Editor-in-Chief Stephen J. Adler talked with Facebook Chief Operating Officer Sheryl Sandberg about the company's financial prospects, recent controversies over its redesign and terms-of-service changes, Sandberg's high school years, and other issues. Edited excerpts follow:

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