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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

#331

Post by true_religion »

TheOtherHobbes wrote: post #319
jon-wood wrote: post #308

Earlier quoted context omitted.

If that's really the case then Silicon Valley salaries have gone through the floor recently. That would be considered an insulting salary for a developer in London, in GBP.

If you search for web designer jobs in the UK on Indeed, most jobs are in the £25k to £30k range, with a slightly smaller selection between £30k and £35k. London may be in a class of its own, but elsewhere in the UK £35k is considered decent money. https://www.indeed.co.uk/jobs?q=Web+Design&l=

Development isn't design.

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

#332

Post by jrfarina »

tonyplee wrote: post #309
dpark wrote: post #280

Earlier quoted context omitted.

The problem is that Yahoo was never a media company, either. They never had a lot of success in media, at least not past their early properties like Finance and Autos. They failed to do anything meaningful with video, or mobile, or flickr, or much of anything past their early success. Yahoo tried to be a media company for years. They called themselves "the premier media company". They had two different CEOs pulled fr…

"Jack of all trades, master of none" is probably not a good way to increase share holder value.

Full quote: "...but often times better than a master of one"

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

#333

Post by ousta »

nikcub wrote: post #222
akjainaj wrote: post #34

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 don't think that is true. In 2012 Yahoo had $5B a year in revenue and was the second most visited property on the web. When Thompson stepped down the board were given two proposals. The first, revive Yahoo as a premium tech firm lead by someone like Mayer, or 2. admit that Yahoo is now a media co and double down on the verticals where Yahoo is winning - especially those where you can sell premium ads (Finance, Spor…

this is sad tho in some fields yahoo contributions where huge even as of today just look the research they published and contributed to in the machine learning field. this is definitely premium tech firm level

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

#334

Post by ceejayoz »

WalterBright wrote: post #305
blacksmythe wrote: post #299

Earlier quoted context omitted.

>> because the company is being eaten alive by its competitors What if you were the best qualified candidate? Would it be unethical then?

If you don't disclose that you could not deliver success, then yes, it would be unethical.

We're not privy to the discussions around her becoming CEO, but I'd imagine everyone involved in the decision was fully aware of Yahoo's predicament.

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

#335

Post by nailer »

prostoalex wrote: post #131
CalChris wrote: post #56

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...

Everyone loves a good turnaround story versus slow-death story. As Google's 20th employee she was already approaching the tres commas league. Remember when she was confirmed as a hire, the feeling around the Valley was less of "wow, a new CEO" and more of "how did someone like Yahoo get someone like Marissa". The previous CEOs include alumni from PayPal and AutoDesk, so getting someone as successful was a win for Yah…

> The previous CEOs include alumni from PayPal and AutoDesk

I don't know whether that sentence is supposed to imply innovation (PayPal) or stagnation (AutoDesk).

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

#336

Post by geodel »

trhway wrote: post #306
prostoalex wrote: post #131

Earlier quoted context omitted.

Everyone loves a good turnaround story versus slow-death story. As Google's 20th employee she was already approaching the tres commas league. Remember when she was confirmed as a hire, the feeling around the Valley was less of "wow, a new CEO" and more of "how did someone like Yahoo get someone like Marissa". The previous CEOs include alumni from PayPal and AutoDesk, so getting someone as successful was a win for Yah…

> more of "how did someone like Yahoo get someone like Marissa". Not me. My comment at the time was "Fiorina 2.0", a mediocre mid level got lucky.

I think your factual comment would not be popular then. I thought along the line that clever Google got rid of her without sacking or asked to go.

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

#337

Post by rapind »

SkyMarshal wrote: post #226
jinglbox wrote: post #154

Earlier quoted context omitted.

Yes, and he was already rich from previous money he made in Apple's early days. Just like Marissa Mayer was already rich from Google stock. Neither needed the money at all. Jobs knew that and didn't take any. Mayer for some reason took as much as possible.

Don't blame Marissa for simply accepting what the CEO market was willing to pay her. You and I and every single human being would do no different in her shoes. If you have a problem with it, blame the market for poor judgement in capital allocation.

What? If you already have $100+ million in the bank it's a given you'd take a crap job just for more play money?

The whole point of FU money (which she already had) is you get to make big decisions, like what you're going to spend the next 5 years doing, without worrying about personal financial impact.

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

#338

Post by SonOfLilit »

coderholic wrote: post #18

The only mention of Mayer I can find is > Each of David Filo, Eddy Hartenstein, Richard Hill, Marissa Mayer, Jane Shaw and Maynard Webb has indicated that he or she intends to resign from the Board effective upon the Closing, and that his or her intention to resign is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Which indicates that she'll res…

If she stays, it should be with Verizon Yahoo, not with Altaba (shell containing Alibaba shares formerly known as Yahoo), which is a kind of company Mayer has no experience managing (and also not a managerial challenge worth the kind of salary she can get elsewhere)

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

#339

Post by geodel »

username223 wrote: post #295
gozur88 wrote: post #248

Earlier quoted context omitted.

Only if there's a performance clause in the contract.

Where can I sign up for a job making 7 figures with no "performance clause?" Even better, she probably had something like a "no downside performance clause," but would still receive lavish bonuses for any upside. Whatever. Yahoo was already going down, and she just looted it for an order of magnitude more than "f-you money" on its way down, without much steepening its decline. Things end as they always would have, an…

Well I work for a company where C level execs have 100m+ contracts and they are behaving in exceptionally bad ways. Also Dir/Sr Dir level may have around 1m+ contracts and they seem quite indifferent to project health. At this point I guess they think reward is enough for indifference or non-performance.

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

#340

Post by jon-wood »

TheOtherHobbes wrote: post #319
jon-wood wrote: post #308

Earlier quoted context omitted.

If that's really the case then Silicon Valley salaries have gone through the floor recently. That would be considered an insulting salary for a developer in London, in GBP.

If you search for web designer jobs in the UK on Indeed, most jobs are in the £25k to £30k range, with a slightly smaller selection between £30k and £35k. London may be in a class of its own, but elsewhere in the UK £35k is considered decent money. https://www.indeed.co.uk/jobs?q=Web+Design&l=

(Good) developer jobs tend not to make it job sites like Indeed. I'd expect a developer job somewhere other than a small agency to be starting at ~£30k anywhere in the country, and £35k in London. In London a half-decent developer can make ~£50k easily, and much more than that if they're good, or willing to do contract work.
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