Earlier quoted context omitted.
I worked at Yahoo from 2004-2011. This is my opinion only. Yahoo was doing pretty well at times during that period. Certainly, Google had better revenue numbers and better margins, but Yahoo was still making tons of money, just not as much. Leadership had a tough time explaining what Yahoo did; although, they had a clear goal in 2004 era onboarding --- be in the top 3 of all internet verticals either through owned an…
Wouldn't your comment suggest that management DOES matter then? The person I replied to says that google has terrible management but is successful because of their starting position. As you have pointed out, bad decisions by management can lead to a company's downfall.
Google does seem to sabotage a lot of its products, but so far hasn't really sabotaged its core products or its company. As long as they don't destroy the dollar printing press (Adwords/search), they can keep pissing away money on dumb things and it won't kill them.