Earlier quoted context omitted.
I've actually faced a similar situation, and let me tell you it was hard . Companies like Yahoo exist to make money - or, at least, they must continue to make money in order to continue existing. Like Dustin said, > "This is truly a nightmare scenario for any CEO: do you take the risk and proceed with the better user experience/product at the expense of short term numbers–with no promise that the better design will a…
> Companies like Yahoo exist to make money - or, at least, they must continue to make money in order to continue existing. Hows that working for Yahoo now? Actually, that's kind of disingenuous. Google optimises for less clicks per user, because Google is a site for people who want to get stuff done. Yahoo and Facebook are time-wasters. And unlike Yahoo, I can't see it ever transitioning to anything other than a time…
Pretty well, considering they are still around more than a decade after they stopped being "cool". They're not trendy in tech circles, they are just a business that makes money.
Yahoo and Facebook are time-wasters... Time-wasters are basically unprofitable
Yeah, unprofitable to the tune of $600 million a year. That's Yahoo's net profit last year.
I swear to god, the blindness of people to anything that's not hip right now is amazing. People assume because they personally stopped caring about something that it must have failed.