Re:Silicon Valley CEO Called Employees the N-Word and Hit Th...
by 1024core on Monday September 18, 2017 @12:54PM
(#15277487)
> When I see that yahoo paid 700 million for his company in 2007 it probably gave him enough fake credibility to hang himself.
Yahoo paid 300M, not 700M. It's in the article itself.
Of course, it's still 300M more than they should have.
Curious was the 700 sale a good deal for yahoo at the time. The article spoke of an initial 40 million or 25 million deal that went sour immediately. That probably gave him enough creditability that yahoo felt it could make a 700 dollar deal because this young guy was a rasing talent.
Those who base decisions on credibility vs obserable fact are cheating themselves. Credibility can be gifted as well as earned. For those who have it gifted you begin to rely on a third party who may have relied on a third party.