What do approximately 12,000 people even do at Yahoo?
What do approximately 12,000 people even do at Yahoo?
So she is basically another carly fiorina?
Wait, Mayer introduced stack ranking?She's bad but not nearly that bad. Yahoo was already circling the drain when she got there. She's accelerated it a bit with stack ranking/firing.
Carly took two tech giants and turned them into one much smaller and less important company in record time.
Mayer is Steve Mariucci. The dynasty was on its last legs and she couldn't stop it from crumbling. She's not Trent Baalke.
She's bad but not nearly that bad. Yahoo was already circling the drain when she got there. She's accelerated it a bit with stack ranking/firing.
Carly took two tech giants and turned them into one much smaller and less important company in record time.
Mayer is Steve Mariucci. The dynasty was on its last legs and she couldn't stop it from crumbling. She's not Trent Baalke.
To add what you're saying, let's also not undermine the fact that the stock was up for awhile under her reign too. It's only lately dropped down.
If I'm not mistaken, that was because of Alibaba that the stock price increased. Mayer hasn't been a good leader really at all.
Does Yahoo even have any valuable assets these days? Patents, technology, etc.?
It feels like the best they could hope for would be for someone like Alphabet to buy them.
Remember when Microsoft wanted to buy Yahoo for 45 billion and they refused? Guess one party is now glad it never happened while the other is crying in their sleep that it never happened.
MS dodged a bullet here....
A few years back, Yahoo invested US$1b in Alibaba, a Chinese e-commerce start-up. The investment paid off big time, as Alibaba are now massive and have a similar market cap to Amazon.
The stake in Alibaba that Yahoo holds is what generates all their income. Investors have wanted Yahoo to spin off the Alibaba holding part as a separate company, so they can have a clear picture of legacy Yahoo. Marissa Mayer has always refused to do this, as it would highlight just how terrible her leadership has been, and how every other part of Yahoo is failing and losing money.
They said no to $45 billion, that's insane. What were they smoking?
What does yahoo even do nowadays?
Was just wondering, because I know Yahoo Japan owns a baseball stadium and stuff, so I figure they are at least somewhat successful.
It doesn't generate any income. It is part of its value, but it is normally discounted from the actual worth of the Alibaba stake.A few years back, Yahoo invested US$1b in Alibaba, a Chinese e-commerce start-up. The investment paid off big time, as Alibaba are now massive and have a similar market cap to Amazon.
The stake in Alibaba that Yahoo holds is what generates all their income. Investors have wanted Yahoo to spin off the Alibaba holding part as a separate company, so they can have a clear picture of legacy Yahoo. Marissa Mayer has always refused to do this, as it would highlight just how terrible her leadership has been, and how every other part of Yahoo is failing and losing money.
It doesn't generate any income. It is part of its value, but it is normally discounted from the actual worth of the Alibaba stake.
She didn't refuse to spin it off, they actually had a plan in place. The risk of taxes got in the way. Shareholders actually did not want the spin off anymore because of the risk of taxes.
Well they did change the plan because of taxes. They had setup a new company on NASDAQ that would have been the spin-off company where they would've transferred Alibaba to.I don't think they changed the plan. Instead of moving their assets to a new holding and selling them off now they plan to sell of their core business so Yahoo will just be Alibaba and Yahoo Japan and can then be sold off without having to worry about taxes. In any case Yahoo will seize to exist very soon, their core is worth about 4 billion. None of the money that is invested in Alibaba will go to Yahoo, it's all for their shareholders.
Remember when Microsoft wanted to buy Yahoo for 45 billion and they refused? Guess one party is now glad it never happened while the other is crying in their sleep that it never happened.
To add what you're saying, let's also not undermine the fact that the stock was up for awhile under her reign too. It's only lately dropped down.
From the google stuff I read, she was crazy hardworking, understands the tech down to low level and talented at site design. She held major posts in multiple core departments at her peak.Remember when Marissa Mayer was like a sudden celebrity out of nowhere. The media talked about her like she was certain to save Yahoo and make them into Google's worst nightmare.
I never understood the hype. She always seemed pleasant but nothing about her suggested anything special about her leadership qualities.
What a failure of a CEO.
Yahoo Finance used to be great, but they fucked with the layout recently and made it unusable. It was literally the only thing yahoo had that was useful imo..
....this has been one of the worst CEOs in corporate history jesus christ
....this has been one of the worst CEOs in corporate history jesus christ
When your future is tumblr you know your already dead.
Lookin forward to Vice President Mayer in 12 years explaining how firing 90% of yahoo and then shutting down the company was not her fault.
It is crazy how some tech companies just keep going and going though. AOL, MySpace, and Yahoo still around. Alta Vista, Ask Jeeves, and Excite gone
....this has been one of the worst CEOs in corporate history jesus christ