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Employee 1: Yahoo

themacro.com

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Re: Employee 1: Yahoo

#5
Excellent article; I thought the section copy-pasted below to be a rather non-trivial, unintuitive, and meaningful lesson:

> Craig : How was it to ride that wave, especially when the bottom fell out in 2000?

> Tim : When things are going well and you’re in a growth industry, you don’t have to deal with many difficult issues. It’s the old cliche, winning solves everything.

> Craig : For sure.

> Tim : It’s really true. It solves everything… or maybe better said, it masks all your mistakes. A lot of the mistakes you make get masked because you receive almost no negative feedback.

> But then the bottom fell out and the board let Tim Koogle go. The upper ranks of management emptied out pretty quick, except for me and the CTO who stuck around. We got a new CEO and set of peers in upper management. Let me just say, I learned a whole lot more about business on the way down than I did on the way up.

Re: Employee 1: Yahoo

#6

>"Craig : Hahaha." What is the point of including this?

Off topic, but interesting question I think.

I personally liked its addition. If you read it again, the "Hahaha." adds an extra pause that makes the ridiculousness of waiting for the ticker to come on screen sink in. The same way someone telling that story in person would pause. It makes it feel more like a real conversation. Without it the reader would have moved on to the next paragraph too quickly.

Re: Employee 1: Yahoo

#7
>> Come out to Silicon Valley and get a regular 9 to 5 at a place like at SGI [Silicon Graphics], and then you can moonlight with us. And we’ll see where it goes.

That sounds so absurd. Today that would be like, "hey come out here and get a job at Instagram, and them after-hours we'll work on our own thing"

Re: Employee 1: Yahoo

#8
"I went there with a positive attitude. The work was interesting. It was rewarding and intellectually challenging. But after a few months, I remember looking at my boss and my boss’ boss, and my boss’ boss’ boss, and saying to myself, “You know what? I don’t want any of their jobs.” I saw how they spent their time and didn’t find it interesting or very rewarding. They spent their time managing meetings and office politics."

Exactly my sentiment.

Re: Employee 1: Yahoo

#9
post #7

>> Come out to Silicon Valley and get a regular 9 to 5 at a place like at SGI [Silicon Graphics], and then you can moonlight with us. And we’ll see where it goes. That sounds so absurd. Today that would be like, "hey come out here and get a job at Instagram, and them after-hours we'll work on our own thing"

Interesting that SGI would have to be explained. Once upon a time in computing that was as well known as SUN, Apollo, Commodore and Data-General.

Re: Employee 1: Yahoo

#10
post #8

"I went there with a positive attitude. The work was interesting. It was rewarding and intellectually challenging. But after a few months, I remember looking at my boss and my boss’ boss, and my boss’ boss’ boss, and saying to myself, “You know what? I don’t want any of their jobs.” I saw how they spent their time and didn’t find it interesting or very rewarding. They spent their time managing meetings and office pol…

I think it's fine to decide you don't want their jobs, but it's a mistake to frame it as "bullshit" which he does after the section you quote. Human nature isn't bullshit, and any endeavor which requires a large number of people to accomplish requires the management of human nature.
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