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Marissa Mayer on career growth and how a revenue guarantee almost killed Google

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Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#101
post #2

Marissa described possibly the most thorough and analytical job search process I've heard from anyone, when she was talking about how she joined Google. I really liked her reflection on this in hindsight on how being overly analytical is dangerous and it's something I try to remind myself of when I'm in danger of overthinking a decision: "I think this is a common thing that very analytical people trip themselves up w…

Too much focus on utility functions, not enough focus on novelty functions, even though it's been proven that utility functions decline in usefulness as a search space expands. Given an infinite search space, a utility function can only find local optima, there is no global optima. In such situations, a novelty function that finds a path from one happy local optima to another happy local optima is a better bet than u…

ken?

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#102

Earlier quoted context omitted.

OK, then why didn't Yahoo just hire me to run the company? Same outcome but my salary would have been MUCH lower :) In all seriousness, just because Yahoo was in a downspin doesn't mean that leadership can't save the company. Look at John Chen and Blackberry

Or they needed someone with experience to do a controlled descent with minimum casualties instead of a fiery crash.

How was Marissa Mayer that person, though?

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#103
post #97

Earlier quoted context omitted.

Which she crushed, and then she moved on and crushed the master's level courses. And then got a job at Google. Of all the dot-com companies hiring on campus at the time throwing million dollar opportunities at new graduates, she picks the unicorn. At some point it isn't luck anymore. Anyway, I'll agree to disagree here. The post I originally responded to was a question about what is so special about her. I only know…

Fine. It's not luck after college. Then how do you explain her string of failures at Yahoo? It starts being luck again at age 35?

Life is complicated. Being very smart is no guarantee of success. I’ve never claimed that she was infallible or perfect.

Even Gary Kasparov, Genoa Auriemma, and the Golden State Warriors fall off their perch eventually. It doesn’t mean they aren’t damn good at what they do.

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#104
post #40

Earlier quoted context omitted.

At one point she was seen from the outside as the 3rd most powerful/influential person at Google, after the two founders and even ahead of Schmidt, I remember articles praising her decision of leaving the Google front-page almost empty with only two buttons on it (I think this was around 2008-2010). Then she went to Yahoo and drove it into the ground and as such I'm surprised that people still take her business-relat…

It is a question of perspective. She was the head of a sinking ship, yes. But did she cause the sinking, or did she recoup the most returns possible for the investors before it sank? I wasn't there. I don't know the inside story. I'm not going to take sides. But neither am I going to assume that she has poor business skills just because she headed up a shutdown effort.

> But did she cause the sinking

A captain that demands changing colors of the sinking ship on a whim may not be the cause of the sinking but certainly isn't addressing the sinking.

https://www.nytimes.com/2014/12/21/magazine/what-happened-wh...

For months, the team had settled on blue and gray. If users were going to read emails on their phones all day long, the thinking went, it was best to choose the most subtly contrasting hues. But now, Mayer explained, she wanted to change the colors to various shades of purple, which she believed better suited Yahoo’s brand.

According to one senior executive, Sharma’s body language changed the moment Mayer issued her request. He looked deflated. Altering the color of such an intricate product would require that members of his team spend all night adjusting colors in thousands of places. He slumped off and prepared to tell his staff the bad news.

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#105

Earlier quoted context omitted.

lol. Yahoo was killing it before she showed up?

She pissed off most of the staff. She introduced a weird iteration of "fire the bottom performers every year". She bailed out Dan Loeb (who had hired her but changed his mind after she refused to do almost anything she promised). She didn't get a particularly good price in the eventual sale. She got paid hundreds of millions for nothing (her pay alone was ~5% of the eventual sale price...one person). Terrible acquisi…

The moment she read from a children book in a all hands meeting (https://www.businessinsider.fr/us/marissa-mayer-childrens-bo...) would have had me quitting on the spot. I can't think of many things more disrespectful.

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#106
post #97

Earlier quoted context omitted.

Which she crushed, and then she moved on and crushed the master's level courses. And then got a job at Google. Of all the dot-com companies hiring on campus at the time throwing million dollar opportunities at new graduates, she picks the unicorn. At some point it isn't luck anymore. Anyway, I'll agree to disagree here. The post I originally responded to was a question about what is so special about her. I only know…

Fine. It's not luck after college. Then how do you explain her string of failures at Yahoo? It starts being luck again at age 35?

It's perfectly possible she was just promoted above her level of competence (Peter Principle in action). She may have been fantastically effective and successful at her job at Google (I don't know either way), but when trying her hand at the CEO job, it turned out it didn't match her skills. Not to mention Yahoo! wasn't exactly in great shape when she took the job; IMO the board screwed up (possibly intentionally): they needed someone with experience bringing a company back from the brink of failure, not someone who'd never been a CEO before.

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#107

Earlier quoted context omitted.

Folks probably perceive that because she was a high profile CEO that ran her company into the ground. Yes Yahoo! was not doing great before her but if you get paid tens of millions of dollars to do a job I would say it’s not unfair to be judged unsuccessful when you fail. She’s still rich after all. Do we also need to unquestionably agree she is excellent? Also she killed remote work at Yahoo! and practiced great hyp…

if you get paid tens of millions of dollars to do a job What do you know about her job description?

[deleted]

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#108

Earlier quoted context omitted.

I don't think this is a rare thing to do. I've done it and so have co-workers. A simple pro/con chart is really all you need.

Sorry to weigh in this way, but yes it's a rare thing to do. Most people don't have multiple offers sitting on the table. It's a privilege. It's rare, that's all.

I guess that’s more a factor of graduating from Stanford at that location at that point in time than it is of their personal ability to receive multiple offers (not completely unrelated of course).

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#109
post #94
post #77

Earlier quoted context omitted.

Keep in mind that she is a queen of self promotion. When she was talking about 140 hour work weeks she conveniently left out the fact she was paying someone else to do her domestic work [0]. Or that most of her days involved meetings, lunches and dinners. I am reminded of the story of Henry IV who stood barefoot in the snow for three days. And through the grace of God not getting frost bite. We have come so far when…

> When she was talking about 140 hour work weeks she conveniently left out the fact she was paying someone else to do her domestic work HER domestic work? There is absolutely no reason why she should or would mention this other than your sexist expectations. Do you expect male CEOs to mention they pay someone to do their laundry and are abdicating their "domestic responsibilities"? Seriously?!

I think you misread an emphasis where there was none.

Coming home from a 140 hour work week it’s nice if you don’t have to also do cleaning, cooking and other maintenance at home.

And to be fair, if you work that much you should probably have the money to pay someone to take care of that for you.

Re: Marissa Mayer on career growth and how a revenue guarantee almost killed Google

#110
post #2

Marissa described possibly the most thorough and analytical job search process I've heard from anyone, when she was talking about how she joined Google. I really liked her reflection on this in hindsight on how being overly analytical is dangerous and it's something I try to remind myself of when I'm in danger of overthinking a decision: "I think this is a common thing that very analytical people trip themselves up w…

This reminds me of Jacob Falkovich's approach to picking a girlfriend: https://putanumonit.com/2017/03/12/goddess-spreadsheet/

I'm going to reveal myself as entirely too geeky here, but my primary complaint about this approach is that it relies on a linear scale for evaluating utility, when much research suggests that utility curves are frequently logarithmic. (Example: Going from earning $20k to $100k per year is a huge difference with substantial implications for financial security, but $1m to $1.08m has a substantially lower impact.)

One could argue this article looks at a restricted range where the log behaves more lineary, but if we're going to apply mathematical modeling to our life choices, ... :-)

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