Earlier quoted context omitted.
It sounds to me like she's trying to build another Google. It's really (almost impossibly) hard to dethrone innovators without actually doing any innovation. It's equally difficult keeping talent when the corporate culture isn't hacker-centric. While buying your way into the party is a nice first step, what do you do when you don't have the talent pool to continue to innovate and can't even grow it? Especially when y…
In order to change the company's product trajectory, culture, and perception there are many stages that they must go through to get to the ultimate goal. At this point in time, Yahoo does not have the public perception that they are a cool company to work for, especially for engineers. This makes it a near impossible task to attract the talent necessary for internal innovation. However, if they buy cool companies, sh…
That's the thing, it's all public perception and not based in reality. I've worked at Y! for ~4 years (software engineer) and love it. As Marissa has publicly stated, Y! is the world's largest startup, so there's a ridiculous amount of opportunity to work on fun and challenging problems.