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Yahoo SEC Filing: Name change to Altaba Inc and director resignations

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Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#111

Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship. Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.

I do as well. As outlined in The Halo Effect, people want very tidy, clean, and rational reasons why a company failed. Blame must be specifically laid somewhere. However, there's a pretty good chance no one available could have saved the demise of Yahoo. Variance is a thing.

>However, there's a pretty good chance no one available could have saved the demise of Yahoo.

Case in point. A clean, tidy, rational reason why Yahoo failed: it was impossible to save. Blame the company itself.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#112
post #61

I wonder what's going to happen to Flickr. I still haven't found a replacement place to host my pictures that I want to show off to others.

It will likely continue running in its current mostly neglected state under verizon ownership.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#113

Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship. Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.

Steve Jobs worked himself to the bone and took zero money for years when he was trying to save Apple. That's what a good faith effort looks like. If he had failed he would have wasted years and got nothing in return. If Mayer had done this I would be impressed. But Mayer had no vision, didn't put in the effort required, and milked Yahoo for a hundred million dollars she didn't earn. Silicon Valley loves failure like Elon Musk's rockets blowing up the first few times. But not this corrupt Wall Street-style failure. Marissa Mayer's failure at Yahoo was caused by pure incompetence, negligence, and laziness of all involved. Nothing about it that deserves praise.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#114
post #92

Earlier quoted context omitted.

Why'd she do it then? Got paid a lot, that's for damn sure. $219M over 4 years. http://money.cnn.com/2016/07/25/technology/marissa-mayer-pay...

Would you have refused such pay if you were in her position?

Of course not, but then when I failed which would have been pre-ordained and actually entirely foreseeable, bashing me here would NOT be really, really pointless and sad. However, if you are respecting her for picking up a paycheck, that is your right.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#115
post #78

Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship. Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.

Out of curiosity, why do you call her by her first name instead of her last name (Meyer)? Is there another famous Meyer such that there could be a confusion here?

You spelled her last name wrong.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#116

Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship. Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.

She was very well compensated for her time sinking Yahoo. I think this kind of tone policing is unhealthy.

Upvoted since I think this discussion might be interesting.

I'm wondering why people focus on financial compensation so much? Why does how much someone was paid justify more or less bashing, as the case might be?

And what's unhealthy about tone policing? I'll leave aside the way you've negatively framed my attempt to steer the conversation in a more positive direction, and just say that I don't see what the purpose of publicly bashing a well-compensated CEO who didn't have much success is.

Who is this unhealthy for? For her? For us? For future boards of directors who may be trying to attract a CEO to turn their company around?

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#118

Earlier quoted context omitted.

I think there is absolutely no indication that anybody, other than Jesus Christ himself descending from the skies mounted on a Harley Davidson in flames, could have saved Yahoo. So, bashing Marissa here would be really, really pointless and sad.

I think back to Gillard and Australia. I liked her as a PM and felt that the reason she didn't make it is she simply wasn't heartless and evil enough to fight in that chaotic, insane and corrupt political environment. Abbott was and Rudd..ugh..something something party implosion; whatever. It has nothing to do with her being a women. There just aren't many people who can put up with that endless rubbish. With Yahoo,…

> she simply wasn't heartless and evil enough to fight in that chaotic, insane and corrupt political environment

What are you talking about? She managed to make enough backroom deals to oust a standing Prime Minister. That's pretty strong evidence that she is Machiavellian enough to play the game of politics.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#119

Is this like Google's move to be under Alphabet as a parent company? Altaba is for the holding group that controls that substantial overseas investments while Yahoo becomes just a brand used for some of their web properties that can be sold off if necessary?

That's exactly right except for the "if necessary" part. A deal to sell off all of the web properties to verizon has already been made.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#120

end of an era -- I wonder what Jerry Yang is thinking right now?

I'd like to imagine the multi-billionaire has taken a nostalgic moment out to reminisce, but I doubt he will be too cut up :-)

right, i bet he's laughing a lot.
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