Re:Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer ...
by pessimizer on Tuesday June 13, 2017 @07:59PM
(#14549730)
Elop trashed a company that dominated the world featurephone market, but was clearly going to start falling behind as smartphones took over. Elop accidentally announced that they were going to abandon the featurephone market, killing the business. He then scrapped their well-regarded smartphone experiment, and announced that they were going to switch to the marginal smartphone platform of a company with a history of failing at smartphones.
Mayer joined a horribly failing company with no core purpose for existing, experimented wildly in an attempt to shake things up and turn it around, then after failing, unwound the thing and sold it for far more than it was worth.
Re:Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer ...
by metaphorm on Tuesday June 13, 2017 @02:15PM
(#14547163)
> And if any CEO should be burned at a stake, shouldn't it be that guy that refused to sell Yahoo for 47 billion to Microsoft?
That was Jerry Yang, a co-founder of Yahoo. And yes, he was "burned at the stake". He was fired from the CEO job within months of tanking that deal.
Re:Verizon closes $4.5B acquisition of Yahoo, Marissa Mayer ...
by needlessly on Wednesday June 14, 2017 @10:16AM
(#14552866)
Jerry also bought the Alibaba shares in 2001 which is the reason why Yahoo is even alive.
After he left, Yahoo made the mistake of selling half of the Alibaba which are worth $36 Billion.
And if any CEO should be burned at a stake, shouldn't it be that guy that refused to sell Yahoo for 47 billion to Microsoft?