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Carol Bartz Out at Yahoo; CFO Interim CEO

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Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#51
post #23

I wonder if Yahoo! lacks the vision of a founder to compare with Gates, Jobs & Woz, Branson, Larry & Sergey, even Zuckerberg? It's been described as listless and without vision or a clear direction for several years now. Particularly with more macro economic trends, now is a good time for CEOs and business owners to re-engage themselves and their teams with the original vision or intent of their business, to help con…

Yang already tried the CEO role a couple of times. He was generally regarded as ineffective. He also sat on the board of Alibaba when the Alipay scandal went down. I don't honestly think he's where to look for the future of Yahoo. I'm not sure that he has a real vision for Yahoo. Yahoo's issue is that they have no overall direction. They have some great assets in terms of employees as well as online properties. But w…

> They talk a lot about mobile, but don't seem to have a meaningful presence

"Several Flickr internal attempts to build and ship native mobile experiences (going back to 2006) were squashed relentlessly."

http://www.quora.com/Why-did-Flickr-miss-the-mobile-photo-op...

Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#52
post #48

Can someone explain the timing of these switches? Jobs resigns, Arrington resigns, CmdrTaco resigns, Reddit is spun off, and now this. (did I mis one?) Is there something about august/september? Is it just my personal filter?

I can't say for sure, but possibly fiscal quarter/year ends?

Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#53
An ex-Yahoo here, using a throwaway account.

Yahoo's biggest problem is the creamy middle layer of managers. They are usually lifers (as in, been at Yahoo for a decade), or fresh MBAs with a Stanford degree who think that just because they sat through Management-101, they know how products should be designed.

This middle layer is like a Turkish harem. They're busy backstabbing each other, politicking and fucking things up. BUT NO ONE HOLDS THEM ACCOUNTABLE! Some dick will screw up a project, and then when the team gets laid off, happily move to another one to fuck that up too. Too often I've seen engineers just get disgusted and leave; or they'll go into a depressive "I don't care" mode. Passive-aggressive behavior is the norm.

Blake, when he joined, said that "we say 'no' to nothing, and 'no' to everything". What he meant was: in a meeting, the manager will say 'yes' to everything; but the moment he steps outside, he'll think "I'm not gonna do that!".

Innovation is also hampered by these middle morons. Someone tries to do something innovative, and a middle cockroach will crawl out, whining that his 'team' is working on it, and they'll have something ready in (some future quarter). So you're told to back off. Then you wait. In the meantime, that middle manager will use this opportunity to ask for more reqs and expand his little fiefdom. Time will pass, and nothing will get done. And you'll be waiting, agonizing, watching competitors eat Yahoo's lunch as this middle manager fucks around.

And then there will be cycles of outsourcing to Bangalore and Beijing. Some middle beancounter decided that 3 engineers in India can be hired for 1 engineer in the US. (Never mind the quality of people; it's just the 3:1 ratio that matters). So now they're busy outsourcing to Bangalore. Even critical support tasks are outsourced to Bangalore. So what used to take a couple of back-and-forth emails and get fixed in an hour, now takes 3-4 days.

The list of Yahoo's problems are long; and C-level people are not high on that list. "Vision" is also not a problem for Yahoo, if they'd just let the engineers just do their fucking jobs!

Carol's biggest mistake was pissing Jack Ma off and losing Alipay. A person at that level should never, ever, make such a blunder; and she had to go.

Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#55
Another nail in the coffin for the "A successful CEO's skills can easily transfer to any company" idea! From the top of my head (other than Bratz): Zander at Motorola, Sculley at Apple, etc. You just can't graft them on like that.

Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#56
Saw this on twitter and couldn't agree more:

Yahoo needs to hire a CEO focused on their core competency - Fantasy football.

http://twitter.com/#!/MatthewJBrown/status/11123353526378086...

In all honesty, Yahoo! does a lot of things right, I hope for the numerous DOers still left at Yahoo! that they hire someone with the vision and effectiveness to make something out of the once great service.

Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#57
post #16

The problem is that Yahoo was born as a product that became obsolete quickly. It has no DNA anymore, it's just a collection of various media services. It's not a computer, or a piece of software, or a social network. It was a directory of web links. A library. It's doubtful that a Steve Jobs could come back to Yahoo and get it back in touch with its roots. IMHO, their best bet is to sell.

This.

I used Yahoo and understood what it did for me. In 1997.

Then Google came, and my ass was a portal, and Yahoo's homepage (on the rare occasion I looked at it) was crap.

Then there were Yahoo magazines and mass-media advertising -- we're talking 1999/2000 here. The company already didn't make sense to me then.

I remember ~2009 when AOL were being accused of copying Yahoo's homepage, and thinking "gee ... I've never been on either". Both were crap.

For a while Yahoo's Finance pages were decent (Jeremy Zawodny knows his shit), but even that's passe.

At best they're sort of a Computer Associates of Web 1.0. Where mediocre technology goes to die.

The Bartz era was at least an entertaining train wreck to watch.

Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#58
post #19
post #16

The problem is that Yahoo was born as a product that became obsolete quickly. It has no DNA anymore, it's just a collection of various media services. It's not a computer, or a piece of software, or a social network. It was a directory of web links. A library. It's doubtful that a Steve Jobs could come back to Yahoo and get it back in touch with its roots. IMHO, their best bet is to sell.

I'm not so sure about this. The roots of a company run deeper than a product. The original goal of Yahoo! was similar in spirit to Google: help people make sense of the massive amount of information available on the web. They've of course gone in a wild array of directions since then, and I'm not sure they had as long a view of the web as Google did, but I'd be surprised if the founders don't have a good number of st…

Google, at least until the advent of Buzz and Google Plus, seemed to keep the user experience first and foremost (they're rapidly losing this vision).

Yahoo turned to face the siren song of advertising and eyeball aggregation, damn the user, by the end of the 1990s. Sure, some of their products may have shone (I was well off and away from their target userbase by that time) but as Diego said, the corporate DNA of organizing the Web, was lost.

Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#59
post #53

An ex-Yahoo here, using a throwaway account. Yahoo's biggest problem is the creamy middle layer of managers. They are usually lifers (as in, been at Yahoo for a decade), or fresh MBAs with a Stanford degree who think that just because they sat through Management-101, they know how products should be designed. This middle layer is like a Turkish harem. They're busy backstabbing each other, politicking and fucking thin…

Well put.

There is a big difference between leadership and management. Leadership is about taking risks, while management is about mitigating them. They are thus often in direct tension.

Yahoo had a lot of management and not much leadership.

Re: Carol Bartz Out at Yahoo; CFO Interim CEO

#60

This was a great diatribe against Carol. If you guys missed it from a couple of months back an angry shareholder confronts Bartz. He's dead on and with this now happening – absolutely right. http://soundcloud.com/erickschonfeld/yahoo-sharehloder-rant

I guess that is typical in these big shareholder meetings, as in no attempt at a response? Sounds like they are all about saying everything is on track and not at all about the hard questions.
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