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Yahoo spends $58 million to fire its chief operating officer

washingtonpost.com

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Re: Yahoo spends $58 million to fire its chief operating officer

#11

Post by threeseed »

Theodores wrote: post #6
sillysaurus3 wrote: post #3

I've been wondering: How's Marissa Meyer doing as CEO? I haven't heard much about Yahoo recently except that they acquired some companies in order to get talent in the mobile space. It's been about 1.75 years since she became CEO. Is that enough time for a non-Steve Jobs CEO to change the trajectory of a company?

You are forgetting: Marissa redesigned the logo! All by herself!!! Seriously though, what do Yahoo actually do? The mail has gone the way of 'compuserve' in that you don't very often get to see a yahoo address in an email these days. Search was something they just gave up on, then there portal style homepage, does anyone actually go there? They should have stuck with search, it was something that they were reasonably…

Yahoo is the number 4 website in the world with profits of over $300 million per quarter. Do you think Twitter or Amazon should also become a faceless holding company ?

http://www.alexa.com/topsites

Re: Yahoo spends $58 million to fire its chief operating officer

#12

Post by pan69 »

EA wrote: post #8
sillysaurus3 wrote: post #3

I've been wondering: How's Marissa Meyer doing as CEO? I haven't heard much about Yahoo recently except that they acquired some companies in order to get talent in the mobile space. It's been about 1.75 years since she became CEO. Is that enough time for a non-Steve Jobs CEO to change the trajectory of a company?

Flickr has 1 TB of free storage. Old Flickr Pro accounts have "unlimited" storage space. She bought Tumblr. Will she release some hardware?

Maybe they should do a phone. Yeah that would be good. A phone with their own OS. It's gonna be big I tell ya.

Re: Yahoo spends $58 million to fire its chief operating officer

#13

Post by smackfu »

omegant wrote: post #2

Honest question, could somebody please explain why a big corporation like Yahoo, doesn't have some kind of cliff and progresive compensation? It's the Article accurate?

From the SEC filing linked below, this compensation was primarily because Yahoo gave him a large number of RSUs upon joining to make up for compensation he was giving up by leaving Google. Otherwise he would have lost money by taking the new job. Those "make-whole" RSUs then vested early upon termination, which is good negotiating, but not surprising.

He also got performance options, which were granted upon termination because he met the performance goals of the stock price.

Re: Yahoo spends $58 million to fire its chief operating officer

#14

Post by matthewmacleod »

Theodores wrote: post #6
sillysaurus3 wrote: post #3

I've been wondering: How's Marissa Meyer doing as CEO? I haven't heard much about Yahoo recently except that they acquired some companies in order to get talent in the mobile space. It's been about 1.75 years since she became CEO. Is that enough time for a non-Steve Jobs CEO to change the trajectory of a company?

You are forgetting: Marissa redesigned the logo! All by herself!!! Seriously though, what do Yahoo actually do? The mail has gone the way of 'compuserve' in that you don't very often get to see a yahoo address in an email these days. Search was something they just gave up on, then there portal style homepage, does anyone actually go there? They should have stuck with search, it was something that they were reasonably…

This is just bombastic and ill-informed.

To start with, Yahoo has >10% of the US search market[1] – down YoY, but nothing to sneeze at. Their sites also see more unique visitors from the desktop than anybody else – >195m in December[2], and that's the sixth month is a row. There are still loads of email users; finance, sport, shopping, everything that legacy portal sites typically had.

Furthermore, Yahoo was never really a good search engine. It was basically a curated directory until it started using Google's search in 2000 or whenever. I think it used it's own crawler for a while, but it's been powered by Bing since 2010 or so.

I'm aware that I live in a bit of a tech bubble — I don't use Yahoo properties, but there are loads of people out there who use the web in a totally different way. Yahoo's got a lot of obvious issues to deal with, but they've also got lots of money and talent; I don't see any reason that they won't succeed with a bit of restructuring and some strong management.

[1] http://www.comscore.com/Insights/Press_Releases/2014/4/comSc...

[2] http://www.cnet.com/uk/news/yahoo-tops-the-most-trafficked-w...

Re: Yahoo spends $58 million to fire its chief operating officer

#15

Post by pmorici »

stingraycharles wrote: post #9
Theodores wrote: post #6

Earlier quoted context omitted.

You are forgetting: Marissa redesigned the logo! All by herself!!! Seriously though, what do Yahoo actually do? The mail has gone the way of 'compuserve' in that you don't very often get to see a yahoo address in an email these days. Search was something they just gave up on, then there portal style homepage, does anyone actually go there? They should have stuck with search, it was something that they were reasonably…

I have to disagree. I'm currently in Asia and /everyone/ appears to be using a yahoo email. I even created some gmail addresses for them, but it just doesn't appeal to them.

Yahoo mail is very very popular outside the US.

Re: Yahoo spends $58 million to fire its chief operating officer

#16

Post by 6d0debc071 »

Yahoo seems to have a certain difficulty in making the best use of the people it works with. Flickr springs to mind. If they're firing him just because he gives sucky presentations - which seems to be the only guess the article has - then that's on them.

Re: Yahoo spends $58 million to fire its chief operating officer

#17

Post by hga »

omegant wrote: post #2

Honest question, could somebody please explain why a big corporation like Yahoo, doesn't have some kind of cliff and progresive compensation? It's the Article accurate?

In addition to the other good answers as I write this, there's the general principle that a troubled company like Yahoo has to pay extra to attract top talent.

And based on all that I've heard, even more to work for a CEO like Marissa Meyer.

Re: Yahoo spends $58 million to fire its chief operating officer

#18

Post by yulaow »

pmorici wrote: post #15
stingraycharles wrote: post #9

Earlier quoted context omitted.

I have to disagree. I'm currently in Asia and /everyone/ appears to be using a yahoo email. I even created some gmail addresses for them, but it just doesn't appeal to them.

Yahoo mail is very very popular outside the US.

Well... not everywhere outside the US. I saw it popular in Asia as someone other said, but here in EU I see only gmail, hotmail and outlook, nothing else.

Re: Yahoo spends $58 million to fire its chief operating officer

#19

Post by keithpeter »

matthewmacleod wrote: post #14
Theodores wrote: post #6

Earlier quoted context omitted.

You are forgetting: Marissa redesigned the logo! All by herself!!! Seriously though, what do Yahoo actually do? The mail has gone the way of 'compuserve' in that you don't very often get to see a yahoo address in an email these days. Search was something they just gave up on, then there portal style homepage, does anyone actually go there? They should have stuck with search, it was something that they were reasonably…

This is just bombastic and ill-informed. To start with, Yahoo has >10% of the US search market[1] – down YoY, but nothing to sneeze at. Their sites also see more unique visitors from the desktop than anybody else – >195m in December[2], and that's the sixth month is a row. There are still loads of email users; finance, sport, shopping, everything that legacy portal sites typically had. Furthermore, Yahoo was never re…

I'm a teacher in a further education college and in adult education in the UK. Students personal email is 50:50 yahoo/hotmail with rounding error ISP accounts and gmail. Most of my colleagues have a non-official personal email address and that tends to be Yahoo more than Hotmail/Outlook.

Wouldn't say any of us have a huge monthly spend or anything but I think Yahoo have eyeballs certainly.

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