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What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

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Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#51
post #43

"if I’m ever in a position like Marissa’s, I want to be the kind of CEO who answers emails from strangers six or seven levels down from herself at 1 AM on a Sunday morning, even when she has a new baby in the house." I'm grateful for this article reminding me why I never really will fit in with the techie fanatics. Yesterday I went home at 5p, after a very productive day, and trimmed plants in my garden, not checking…

It really sucks when your manager thinks this kind of work ethic is healthy.

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#52
post #43

"if I’m ever in a position like Marissa’s, I want to be the kind of CEO who answers emails from strangers six or seven levels down from herself at 1 AM on a Sunday morning, even when she has a new baby in the house." I'm grateful for this article reminding me why I never really will fit in with the techie fanatics. Yesterday I went home at 5p, after a very productive day, and trimmed plants in my garden, not checking…

I think this has less to do with the tech industry and more to do with a culture where your value is strongly tied to your work. Work more = have more value.

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#53
post #43

"if I’m ever in a position like Marissa’s, I want to be the kind of CEO who answers emails from strangers six or seven levels down from herself at 1 AM on a Sunday morning, even when she has a new baby in the house." I'm grateful for this article reminding me why I never really will fit in with the techie fanatics. Yesterday I went home at 5p, after a very productive day, and trimmed plants in my garden, not checking…

The difference is that she was getting paid tens of millions each year to do that job. (Sorry if I'm making a wrong assumption about your salary!)

The original post makes Mayer sound like one of the most people-centric CEOs in the business. The contrast to someone like Léo Apotheker at HP is stark (just to pick a random tech CEO who seemed like the exact opposite).

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#54

Earlier quoted context omitted.

That could explain the anti work from home policy but what about buying that pre-teens app for like $15M. What did that accomplish?

I think that was the only way at that point to bring in fresh creative talent. No creative person probably wanted to quit their existing job and leave for Yahoo at that point. And why would they? If you're really talented, you could either go work for Google/Facebook/etc. (if you want a stable life), or start your own company (if you're adventurous). Yahoo was stuck in the purgatory somewhere in between.

I don't really buy this argument. There are reasons for acqui-hires, but it's usually to bring on board a strong existing team, a world-class domain expert, or a tech base with employee support.

Summly was none of those. They got one 17 year old dev, and a fairly-decent product they made basically no use of. I don't know how good D'Aloisio is, but he's not that good. Especially without the kind of status and support that could turn out a bold new product within Yahoo.

I know nobody wants to go work for Yahoo, but they spent 30 million dollars. Hire 10 self-directed, expert devs for $1,000,000/year. I promise you can find good people at that price.

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#55
post #51
post #43

"if I’m ever in a position like Marissa’s, I want to be the kind of CEO who answers emails from strangers six or seven levels down from herself at 1 AM on a Sunday morning, even when she has a new baby in the house." I'm grateful for this article reminding me why I never really will fit in with the techie fanatics. Yesterday I went home at 5p, after a very productive day, and trimmed plants in my garden, not checking…

It really sucks when your manager thinks this kind of work ethic is healthy.

Yes. I am very lucky to have a manager that will frequently tell me to just leave if I stay too long after 6p, and actively encourages me to do less work (which I find quite frustrating - I feel like I'm already not doing that much!).

I work at a very profitable, well known company FWIW, in a fairly core role with plenty of people depending on my productivity.

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#56
post #23
post #8

Off topic but what would the selling price for Yahoo have to be for MM to be considered a success? 20B, 100B,..

Success would have been growing revenues, instead of watching them decline. Success would have been at least one really successful mobile app. Success would have been not selling Yahoo....

Yahoo's fantasy sports app is pretty successful. It's about as installed as ESPNs and they were third in DFS (though far behind the first two). They actually just did a major redesign to it that made the DFS stuff more prominent.

https://medium.com/@jonathanjoseph/speculating-on-the-value-...

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#57
Her performance ranking program was so badly implemented by Yahoo’s ugly layers of middle management that it deserved every bit of the mocking and criticism it got, both on devel-random and in the tech press.

I think one thing that could possibly "save" Yahoo would be to fire every single middle manager and above immediately (and probably most of the 1st line management as well), and then rebuild the management from the ground up.

Yes, Yahoo would be a mess for a year or more, but it already is a mess and has been for years - and it seems like a common thread is the entrenched management that isn't willing to change and has a lot of incompetency. Time to throw out the baby with the bath water.

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#58
post #43

"if I’m ever in a position like Marissa’s, I want to be the kind of CEO who answers emails from strangers six or seven levels down from herself at 1 AM on a Sunday morning, even when she has a new baby in the house." I'm grateful for this article reminding me why I never really will fit in with the techie fanatics. Yesterday I went home at 5p, after a very productive day, and trimmed plants in my garden, not checking…

There's a certain workaholic personality that excels at executive-level positions. I'm convinced they simply have better genetics than the rest of us -- after 10 or so hours of work, my memory is garbage and I wouldn't feel confident dealing with anything important but some people are totally fine.

Plus, you couldn't work that hard for any amount of money unless you loved the work. I'm not sure I want to be a CEO for that reason -- I treasure the ability to turn off 'work mode' for a little while every day.

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#59
post #53
post #43

"if I’m ever in a position like Marissa’s, I want to be the kind of CEO who answers emails from strangers six or seven levels down from herself at 1 AM on a Sunday morning, even when she has a new baby in the house." I'm grateful for this article reminding me why I never really will fit in with the techie fanatics. Yesterday I went home at 5p, after a very productive day, and trimmed plants in my garden, not checking…

The difference is that she was getting paid tens of millions each year to do that job. (Sorry if I'm making a wrong assumption about your salary!) The original post makes Mayer sound like one of the most people-centric CEOs in the business. The contrast to someone like Léo Apotheker at HP is stark (just to pick a random tech CEO who seemed like the exact opposite).

Oh yeah, I get that if I were a CEO paid hundreds of millions I wouldn't have much time to feed the fish in my backyard.

I just find the glorifying of answering emails at 1am on a a Sunday a little crazy, that's all.

Re: What Marissa Mayer Brought to Yahoo That Can’t Be Bought or Sold

#60

Earlier quoted context omitted.

I may get downvoted for saying this since it's not fashionable to say things like this but I will anyway: When a company is going down, the type of people you need is people who are enthusiastic and team players. The last type of people you need are competent yet not so much of a team player. It's because: 1. Pampering these people will only result in lowering rest of the team's morale. 2. When a company is going dow…

IMO the problem wasn't the employees. The CEOs one job is to set the direction of the company. To create a vision of what a successful Yahoo looks like. In this article, it talks about Mayer being responsive to email, turnstiles, food, etc. These are things a mid-level manager takes care of, not the CEO. And these things definitely are not a strategy. All the way up until recently Yahoo wasn't even sure what type of…

I strongly agree with this.

It seemed more like "playing CEO" rather than actually being CEO. I read many interviews over the years with her, and there was never any kind of thesis or anything I would ever take away from the conversation that was had.

I don't remember a single thing she has said or done aside from what's in the main headlines about Yahoo.

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