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Tumblr founder to get $81 million to remain at Yahoo

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Re: Tumblr founder to get $81 million to remain at Yahoo

#32
post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

I hadn't heard of a single one of those except for Tumblr. Why are they valuable?

Re: Tumblr founder to get $81 million to remain at Yahoo

#33
post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

I found this Michael Wolff comment very interesting: http://www.usatoday.com/story/money/columnist/wolff/2013/07/....

Basically, an influential shareholder has resorted to spending company money (from deferred dividends and sale of the Alibaba stake, etc.) to drive up the company's stock, after which the shareholder cashed out, as the stock soared.

Re: Tumblr founder to get $81 million to remain at Yahoo

#34
post #21

I have no problem with him getting 81m. The fact that all of the other employees combined get 29m combined while he gets that is pretty lame though.

Not really. Karp is worth orders of magnitude more to Yahoo! than the rest of the team. Yahoo!'s always had engineers who could bring products to market. Their deficiency has long been with executives and the product groups.

... and Jacob Bijani has left the company.

Don't know whether he was offered anything to stay, but he was (is) a huge design talent.

Re: Tumblr founder to get $81 million to remain at Yahoo

#35
post #32
post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

I hadn't heard of a single one of those except for Tumblr. Why are they valuable?

I'm not sure about the others, but Lexity has an actual business model.

Re: Tumblr founder to get $81 million to remain at Yahoo

#37
post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

Meyer has proven that she knows how to spend money. That might actually qualify as progress for Yahoo! Market seems to like it, but that can change quickly.

Re: Tumblr founder to get $81 million to remain at Yahoo

#38
post #21

I have no problem with him getting 81m. The fact that all of the other employees combined get 29m combined while he gets that is pretty lame though.

Not really. Karp is worth orders of magnitude more to Yahoo! than the rest of the team. Yahoo!'s always had engineers who could bring products to market. Their deficiency has long been with executives and the product groups.

Unless you know exactly who each person is on the team, that's making a lot of assumptions. I've seen enough companies that have key people who aren't co-founders that don't get a lot of public recognition but significantly make major contributions to the company. Some would even later become CEOs.

Re: Tumblr founder to get $81 million to remain at Yahoo

#39
post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

It's funny, i just summarized her davos talk last night and looking at these aquisitions, they all fall into her 'vision'. The only one that stands out is tumblr since she said they were looking to do small aquisitions, therefore she is following her vision and the market will decide if it is successful. If she succeeds, the media will be praising her to the moon and if she flops, we will hear ll the scathing blog posts. So far she has raised yahoo's stock price, which has taken some pressure off here especially from some vocal yahoo shareholders.

Re: Tumblr founder to get $81 million to remain at Yahoo

#40
post #34
post #21

Earlier quoted context omitted.

Not really. Karp is worth orders of magnitude more to Yahoo! than the rest of the team. Yahoo!'s always had engineers who could bring products to market. Their deficiency has long been with executives and the product groups.

... and Jacob Bijani has left the company. Don't know whether he was offered anything to stay, but he was (is) a huge design talent.

Gut reaction tells me he probably got something small offered but nothing substantial. Designers in tech not named Jonathan Ive rarely get notable compensation.
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