Earlier quoted context omitted.
Would a 35million dollar salary change your mind?
Ha - yes, I would take one year of 35M and then likely be fired.
I'm okay with that as well. I'd be just as good as throwing darts.
Yahoo to Say It's Exploring Strategic Alternatives
41–50 of 55 posts
Re: Yahoo to Say It's Exploring Strategic Alternatives
#42Re: Yahoo to Say It's Exploring Strategic Alternatives
#43It's interesting that the Alibaba holdings are more of a liability than an asset in this situation. YHOO is essentially a proxy for BABA, nothing Yahoo does affects the stock price in any meaningful way, and the value of the core business is effectively negative, if you subtract the post-tax value of Alibaba, Yahoo Japan, and cash on hand. But the value of a declining business with billions in revenue each year must…
You know how I know I'll never be a CEO of a huge company like this? Because I read what you just wrote and thought, "this doesn't sound like something that 1) I could ever solve 2) it just doesn't sound remotely fun to try and figure all this stuff out"
Marissa Mayer doesn't know shit about this either, most CEOs probably don't.
There are probably 50 different consultants, lawyers, fund managers, industry experts, etc, etc, that are all feeding her options. Plus all the other investors and board members who are all shouting out ideas.
Re: Yahoo to Say It's Exploring Strategic Alternatives
#44It's strange to me that this article with such brevity is on the front page, yet the NYTimes article about the difficulties of individuals to survive in retirement age got bumped?
Reference to LA Times article and discussion:
Re: Yahoo to Say It's Exploring Strategic Alternatives
#45Earlier quoted context omitted.
> Sure, it is - it's worth a few billion. Yahoo market cap: $27.5bn Alibaba post-tax: $17.5bn Y! Japan post-tax: $6bn Net cash: $5bn Market value of core Yahoo: -$1bn. Ouch! If Yahoo didn't have those assets, the market cap would fairly reflect the value of a slowly declining multi-billion-dollar business, and it would be perfectly positioned for a takeover by private equity, who would proceed to milk the company dry…
I don't think that's the true core value - more a statement about the way that Yahoo's current business model (if you can call it that) has a big net negative value. Currently Y! is literally less than the sum of its parts. There are a lot of reasons for that, but the absence of a "Where is this company going to be five years from now?" plan has to be a big element. Investors barely have confidence in the present, ne…
> Currently Y! is literally less than the sum of its parts.
Or, at least, its market cap is worth less than the market cap of things it owns times the share it owns of them, meaning that (assuming the consistent utility of market-cap-based-valuation) that it is either worth less than the sum of its parts, or that some of its other parts have negative net value. The latter offends lots of people's intuitions about what those parts should be worth, but those people don't seem to be putting their money where there mouth is and buying up the undervalued Yahoo! stock, so maybe either simplistic market cap to market cap based value analysis is wrong, or those other parts really do have negative value, or both.
Re: Yahoo to Say It's Exploring Strategic Alternatives
#46Earlier quoted context omitted.
Would a 35million dollar salary change your mind?
Ha - yes, I would take one year of 35M and then likely be fired.
Okay, here's $135,000 a year, some stock options we'll dilute to hell, a probable tax burden, and a team of demoralized developers. Produce working software for my startup or be fired. And maybe be fired anyways if other things don't work out.
"Raganwald! What do you take me for?"
We've established what you are. Now we are negotiating the price and terms.
---
Re: Yahoo to Say It's Exploring Strategic Alternatives
#47Earlier quoted context omitted.
Ha - yes, I would take one year of 35M and then likely be fired.
Okay, here's $135,000 a year, some stock options we'll dilute to hell, a probable tax burden, and a team of demoralized developers. Produce working software for my startup or be fired. And maybe be fired anyways if other things don't work out. "Raganwald! What do you take me for?" We've established what you are. Now we are negotiating the price and terms. --- http://www.doseoffunny.com/funny-negotiating-price-joke/
That's why they call it neg-otiating.
Re: Yahoo to Say It's Exploring Strategic Alternatives
#48Earlier quoted context omitted.
Why the assumption that BABA keeps declining in value? Shareholders probably have more faith in BABA than Yahoo core. Would make sense to sell core yahoo and keep Yahoo Japan and BABA under the Yahoo ticker. Reason being the tax from selling the latter two affects your PV more if you believe they will keep growing.
If BABA keeps declining in value, you'll reach a point where in hindsight it'll be obvious that Yahoo should have just sold the holdings, taken the tax hit, and distributed the money to shareholders. And that's a crap situation to be in, because you'll have armchair pundits calling out the company for not doing it. If BABA stays in value or goes up, then selling off the core is the best option, except it's hard , it…
Yessir. Agreed
Re: Yahoo to Say It's Exploring Strategic Alternatives
#49Earlier quoted context omitted.
Why the assumption that BABA keeps declining in value? Shareholders probably have more faith in BABA than Yahoo core. Would make sense to sell core yahoo and keep Yahoo Japan and BABA under the Yahoo ticker. Reason being the tax from selling the latter two affects your PV more if you believe they will keep growing.
It won't stay at its peak, very normal for most companies after IPO. BABA will continue to do okay in China as the ecommerce market is huge. The challenge BABA faces is quality rather than quantity and I don't think Alibaba is addressing it well. But I believe the real problem is Yahoo being a media/technology company, Yahoo must improve its core business in order to be sustainable in the long run. They can sell BABA…
Quality? In what way?
Yea agreed. Yahoo is a bit of a head scratcher. They don't seem to be worldclass at anything in particular.
Re: Yahoo to Say It's Exploring Strategic Alternatives
#50Earlier quoted context omitted.
The article is about strategic decisions Yahoo! faces as a business. And you're using a five year old anti-LGBT bullying video as a sarcastic joke? That's double insulting.
Did you actually watch the video ? It's exactly the opposite of an anti-LGBT video
five year old anti-LGBT bullying video