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Yahoo sold to US telecoms giant Verizon

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Re: Yahoo sold to US telecoms giant Verizon

#281

Yahoo got all cash, which is nice as it gives them more flexibility, the last thing they'd want after the Alibaba spin off fiasco is to have to try and sell 4.83 Billion in Verizon stock. Bloomberg just put up a head line saying that Yahoo will return all the cash, minus Operating Costs to the share holders. If anyone has any guess as to how much "operating costs" will be, please email:) So I guess queue Alibaba and…

There has been a lot of debate as to whether she succeeded or failed at her job, but at the end of the day all I can say: I really chose the wrong career path, as I can't imagine a scenario where a dev's comparative performance results in a 218m$ payout. (In more direct terms, I would gladly take the internet-hate-firehose in the face if it means making even single digit millions.) To make some more reasonable statem…

If more people could get more, then price inflation would adjust to reduce its buying power :-(

Re: Yahoo sold to US telecoms giant Verizon

#282

Yahoo got all cash, which is nice as it gives them more flexibility, the last thing they'd want after the Alibaba spin off fiasco is to have to try and sell 4.83 Billion in Verizon stock. Bloomberg just put up a head line saying that Yahoo will return all the cash, minus Operating Costs to the share holders. If anyone has any guess as to how much "operating costs" will be, please email:) So I guess queue Alibaba and…

wait, so they sold off billions worth of the company, but then instead of re-investing any of it to keep the remaining company afloat, or give them any competitive advantage, they're just going to give it all to stock holders, and move on to the next piece?

Re: Yahoo sold to US telecoms giant Verizon

#283

Earlier quoted context omitted.

Why does everyone keep pointing out Mayer's compensation on this deal? Nobody said a word about the $200M that went Tim Armstrong's way in the Aol deal. [1] Can't help but think that if Yahoo had a male ceo nobody would be making these comments. [1] http://www.forbes.com/sites/nathanvardi/2015/05/12/tim-armst...

I think that's probably true, but I bet not directly. People know her name because she is a woman who is a CEO (which unfortunately is still noteworthy), and people note her compensation because they know her name. Who has even heard of Tim Armstrong?

Tim Armstrong was in the news a couple years ago, but the only reason I remember his name is because he shares it with the lead singer of Rancid.

And yeah, if you haven't noticed the widespread backlash against executive compensation in the past few years, you really haven't been paying attention.

Re: Yahoo sold to US telecoms giant Verizon

#285
post #282

Yahoo got all cash, which is nice as it gives them more flexibility, the last thing they'd want after the Alibaba spin off fiasco is to have to try and sell 4.83 Billion in Verizon stock. Bloomberg just put up a head line saying that Yahoo will return all the cash, minus Operating Costs to the share holders. If anyone has any guess as to how much "operating costs" will be, please email:) So I guess queue Alibaba and…

wait, so they sold off billions worth of the company, but then instead of re-investing any of it to keep the remaining company afloat, or give them any competitive advantage, they're just going to give it all to stock holders, and move on to the next piece?

The only remaining pieces are holdings in Yahoo Japan and AliBaba. There's no operating company left.

Re: Yahoo sold to US telecoms giant Verizon

#287
post #286

Note: this acquisition does not include their $30+ Billion USD worth of shares in Alibaba and their stake in Yahoo Japan which is about $12 Billion USD.

What's the deal with that? How is Yahoo Japan worse $7B more than Yahoo Rest-of-World?

Yahoo Japan is an entirely separate company. It's actually an e-commerce platform closer to Amazon than Yahoo proper. Yahoo just has an investment and a cobranding agreement. Otherwise it's entirely separate.

Re: Yahoo sold to US telecoms giant Verizon

#288
post #69

Earlier quoted context omitted.

> I would have started competitors (startups) internally for all of Yahoo!'s key products (buy Y.com and test them under that) and told the current product owners if their products were not better faster than these startups could build them they'd be replaced. If only those in charge of Yahoo and other failing companies knew of such a cunning strategy... /s

You make it sound as if: a) startups aren't better at building websites than big businesses b) Yahoo! management came up with something better...

>a) startups aren't better at building websites than big businesses

Who said they are? That's a huge "citation needed".

>b) Yahoo! management came up with something better...

They did come up with $5 billion dollars (plus other assets of huge value not included in the buy) -- as opposed to a hypothetical scenario which could have just as easily exhausted their resources, alienated their employees, and killed their current value for not much to show for.

Re: Yahoo sold to US telecoms giant Verizon

#289

Earlier quoted context omitted.

But you still get to eat right? I followed my interests, and now can't afford food, literally. I should have went for a job a hate but that paid well.

This. I hate my job but tell me some other way I can make $300k (I'm basically doing management consulting). I'm 38 with 3 kids and my wife doesn't earn an income (she homeschools the kids). I suck it up so they're well provided for.

300k is nearly 6 times the median US income, and even the median US income is double that of high-quality-of-life places like Germany. Literally most of the planet has happy families with significantly less money than that.

It's facile of me to diagnose your life over the internet but I often think of the deathbed quote:

"I wish I had earned more money and spent less time with my family" -- no one ever

Re: Yahoo sold to US telecoms giant Verizon

#290

Earlier quoted context omitted.

Hahaha. I'm sorry if I was unclear, the statement was _slightly_ tongue in cheek. I'm not sure I could have made it in any field other than dev and I do mostly like that I chose it. Bio-engineering maybe? PERHAPS finance, but I don't play too well in that sandbox. The gist I was going for was more that even in a dev's greatest successes, they will likely never see most of the returns they generate for others without…

its a choice. Create your own startup, get lucky, sell your company for big money. Easy.

Getting lucky is a one in a million occurrence. And those who do get lucky had to have at least some base funds to make their startup. So getting lucky isn't available for everyone.

Also getting lucky is on another level than Mayer who simply got a job in the early Google years and surfed on that reputation ever since.

So: Live in the right place, have money, preferrably get out of a very well known school such as Stanford or MIT, get lucky.

Yeah, that's not an option for 99.99% of people.

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