Earlier quoted context omitted.
Maybe his part of the brain that controls fibbing is damaged.
That's no reason to quit a CEO job.
Touché.
Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion
21–27 of 27 posts
Re: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion
#22Now there's a real accomplishment, Thompson is gone.
What does this solve? Pretty much nothing. It's unclear to me why anyone thinks a hedge fund manager sitting in Manhattan is going to be able to solve Yahoo's problems, when pretty much no one else has or has been given enough chance to.
If it were just about him lying, everything else would have remained the same except for him leaving. But it's obviously not, as Loeb gets to appoint board members, who have media connections - but remember how having a media mogul run the company turned out last time? http://money.cnn.com/2007/06/18/news/companies/yahoo_semel/
And where are the manhattan bankers and hedge fund managers calling for Jamie Dimon's resignation after the disasterous 2 billion loss at JP?
Yahoo! had somewhat of a chance of making it, but now most likely it will be cut up and sold off in pieces. That's kinda sad.
Re: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion
#23Now there's a real accomplishment, Thompson is gone. What does this solve? Pretty much nothing. It's unclear to me why anyone thinks a hedge fund manager sitting in Manhattan is going to be able to solve Yahoo's problems, when pretty much no one else has or has been given enough chance to. If it were just about him lying, everything else would have remained the same except for him leaving. But it's obviously not, as…
On the bright side, the CEO cleaned house then got the axe himself. Decent setup for his successor to gain the goodwill of employees as he doesn't need to go through the painful layoff process.
+1 on concerns about the media focus of the company. If Yahoo! was YouTube, I could understand it. But I don't see the reasoning here.
Re: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion
#24This is one advantage of a B2C vs B2B model. If Yahoo was a B2B company its customers would have stopped doing business with it years ago forcing an acquisition or bankruptcy. However, this really doesn't impact all those folks who have it set as their homepage/email. So it can weather storm after storm.
Yahoo is a B2B company.
Its customers are advertising networks.
Re: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion
#25Today I totally bleed purple:
Re: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion
#26the hilarious thing, is that all the angst and pain is about about Stonehill college: collegeapps.about.com/od/collegeprofiles/p/stonehill-college.htm
...with an acceptance rate of 65%, does a computer science degree even matter?
Re: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion
#27This is one advantage of a B2C vs B2B model. If Yahoo was a B2B company its customers would have stopped doing business with it years ago forcing an acquisition or bankruptcy. However, this really doesn't impact all those folks who have it set as their homepage/email. So it can weather storm after storm.
Yahoo is a B2B company. Its customers are advertising networks.
Hah. It creates services for consumers. It then monetizes those services by selling access to ad networks it's true. My point being that if it sold directly in a B2B environment its customer base would abandon them for competitors due to instability. However, consumers don't change their behavior based on the same types of concerns.