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Dear Yahoo, hire me as your next CEO

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Re: Dear Yahoo, hire me as your next CEO

#3

Post by pitdesi »

Unfortunately, this isn't how finance works, so I can't hire you as CEO.

Yahoo has $1.5Bn in cash. Companies usually get bought for cash and stock that the company owns, or they can issue more stock if it's a merger that gets broad approval. YHOO doesn't have $20Bn to buy companies with, and if they did, they still couldn't make the investments you're talking about. Twitter alone is worth $8.5Bn on the secondary market... It would sell for more than $10Bn. And buying the New York Times for $1.5Bn would incur another bil in debt.

Re: Dear Yahoo, hire me as your next CEO

#4

Post by suking »

pitdesi wrote: post #3

Unfortunately, this isn't how finance works, so I can't hire you as CEO. Yahoo has $1.5Bn in cash. Companies usually get bought for cash and stock that the company owns, or they can issue more stock if it's a merger that gets broad approval. YHOO doesn't have $20Bn to buy companies with, and if they did, they still couldn't make the investments you're talking about. Twitter alone is worth $8.5Bn on the secondary mark…

Nailed it. Surprised he didn't add, "I'd go back in time 10 years and buy google for $1mm". Might as well have added that in to his pitch.

Re: Dear Yahoo, hire me as your next CEO

#6

Post by edo »

I think the real differentiator in your policy is not the acquiring of talent, but the giving of autonomy to employees (which is something that can be done without spending money).

If only Yahoo would give autonomy to their own (I bet also pretty talented engineers); it would go a long way to a better Yahoo.

Re: Dear Yahoo, hire me as your next CEO

#8

Post by quellhorst »

pitdesi wrote: post #3

Unfortunately, this isn't how finance works, so I can't hire you as CEO. Yahoo has $1.5Bn in cash. Companies usually get bought for cash and stock that the company owns, or they can issue more stock if it's a merger that gets broad approval. YHOO doesn't have $20Bn to buy companies with, and if they did, they still couldn't make the investments you're talking about. Twitter alone is worth $8.5Bn on the secondary mark…

Yahoo's stock is worth 20 billion. You can acquire companies for stock and cash. When a company is public, you can acquire more easily in exchange for stock.

Mark Cuban became a billionaire from his Yahoo stock he got from the acquisition of broadcast.com.

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