11–20 of 247 posts
Yahoo's fantasy football was super popular, why was no effort put in to make a competing product to Draft King? Tumblr acquisition was not a good one. It was too web oriented and users were moving more to mobile. It takes a long time to reverse momentum, and to try a lot of things.
I work on Daily Fantasy at Yahoo and would just like to point out that we do compete with DK/Fanduel :) https://yahoo.com/dailyfantasy/
Couldn't read the article because it appears to be behind a paywall. On the topic of Marissa Mayer though, has any analysis been done that's an overview of Meyer's major decisions/actions? I seem to see pieces come out almost monthly on things she's been doing at Yahoo, but as someone who doesn't follow executive movers and shakers too much, I don't want to come to an early judgement without fully understanding what…
"Ms. Mayer called a meeting with senior executives in August and asked them to sign a written agreement to stay with the company for at least three more years, according to two people familiar with the meeting." Is such an agreement enforceable? Or is this some meaningless pledge? If you want people to stay, give them a decent financial incentive.
"Ms. Mayer called a meeting with senior executives in August and asked them to sign a written agreement to stay with the company for at least three more years, according to two people familiar with the meeting." Is such an agreement enforceable? Or is this some meaningless pledge? If you want people to stay, give them a decent financial incentive.
If you want people to stay, give them a decent financial incentive.
I keep seeing this sentiment, but I think it's important to distinguish between "don't give your people worthless equity instead of a good salary" and "I'm just here for the money." Starting to see a lot of the latter around here and it's disheartening. Sure, broken dreams and failed visions and all of that happens, but it's part of the process when you try to do "big" things. Widespread cynicism will kill high-tech.
Couldn't read the article because it appears to be behind a paywall. On the topic of Marissa Mayer though, has any analysis been done that's an overview of Meyer's major decisions/actions? I seem to see pieces come out almost monthly on things she's been doing at Yahoo, but as someone who doesn't follow executive movers and shakers too much, I don't want to come to an early judgement without fully understanding what…
I see a lot of parallels between Marissa Mayer's tenure at Yahoo and Dick Costolo's tenure at Twitter. Dick left two quarters ago and Twitter is still struggling to meet investor expectations. I have a feeling that there are structural problems at Yahoo, like Twitter, that even a unicorn CEO would have difficulty fixing. A lot of analysts and investors seem very leadership oriented in their blame anyway.
Steve Jobs is the epitome of the Magic CEO archetype, in this school of thought, and yet, he founded expensive failures, too, and almost rode Apple into the ground, to boot.
There are so many variables that it seems harmful to the industry and the world as a whole to place so much value and so much blame on CEOs when things go right or wrong.
All that said, I'd like to see an experiment where a CEO steps in, cuts C-level salaries dramatically (taking the hit from people leaving who care more about the million dollar bonus than the company itself), including their own, and re-directing that money to higher wages for employees and deeper, further ranging, research and development. Kinda replicate the history of HP, in reverse: Start with high executive salaries, awful outdated products, and defeated company morale, and start building a culture that looks toward the future, takes care of everyone in the company (before C-levels get bonuses) and treats them all with respect from top to bottom, and build products that define the market not follow it.
But, I've never built or run a billion dollar company. I might be an idiot that no one should ever listen to.
"Ms. Mayer called a meeting with senior executives in August and asked them to sign a written agreement to stay with the company for at least three more years, according to two people familiar with the meeting." Is such an agreement enforceable? Or is this some meaningless pledge? If you want people to stay, give them a decent financial incentive.
They're called retention bonuses. Similar to signing bonuses, you can be contractually obligated to pay them back if you don't stay for the term of the contract.
Most companies will keep retention bonuses very hush-hush.
I see a lot of parallels between Marissa Mayer's tenure at Yahoo and Dick Costolo's tenure at Twitter. Dick left two quarters ago and Twitter is still struggling to meet investor expectations. I have a feeling that there are structural problems at Yahoo, like Twitter, that even a unicorn CEO would have difficulty fixing. A lot of analysts and investors seem very leadership oriented in their blame anyway.