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Yahoo SEC Filing: Name change to Altaba Inc and director resignations

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Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#131

Post by prostoalex »

CalChris wrote: post #56
akjainaj wrote: post #34

Earlier quoted context omitted.

I think there is absolutely no indication that anybody, other than Jesus Christ himself descending from the skies mounted on a Harley Davidson in flames, could have saved Yahoo. So, bashing Marissa here would be really, really pointless and sad.

Why'd she do it then? Got paid a lot, that's for damn sure. $219M over 4 years. http://money.cnn.com/2016/07/25/technology/marissa-mayer-pay...

Everyone loves a good turnaround story versus slow-death story. As Google's 20th employee she was already approaching the tres commas league.

Remember when she was confirmed as a hire, the feeling around the Valley was less of "wow, a new CEO" and more of "how did someone like Yahoo get someone like Marissa". The previous CEOs include alumni from PayPal and AutoDesk, so getting someone as successful was a win for Yahoo at the time.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#132

Post by icebraining »

Cyph0n wrote: post #92
CalChris wrote: post #56

Earlier quoted context omitted.

Why'd she do it then? Got paid a lot, that's for damn sure. $219M over 4 years. http://money.cnn.com/2016/07/25/technology/marissa-mayer-pay...

Would you have refused such pay if you were in her position?

The point is that where there is a great paycheck there is great responsibility, to paraphrase Churchill.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#135

Post by kchoudhu »

folz wrote: post #19

Key takeaways from this filing: Yahoo CEO Marissa Mayer is resigning and the company is changing its name to "Altaba Inc." (The article link was changed from https://twitter.com/BuzzFeedNews/status/818589759320637440 at around 50 points)

How much is she being paid as part of this resignation?

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#136

Post by pgodzin »

idlewords wrote: post #69
stanleydrew wrote: post #22

Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship. Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.

She was very well compensated for her time sinking Yahoo. I think this kind of tone policing is unhealthy.

What level of compensation would it take to make such a statement OK? I'm sure plenty of execs turned it down because of the risk of failure and the inevitable microscope and personal attacks associated with being the CEO of one of the most recognizable but failing companies in the world.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#137

Post by akjainaj »

CalChris wrote: post #114
Cyph0n wrote: post #92

Earlier quoted context omitted.

Would you have refused such pay if you were in her position?

Of course not, but then when I failed which would have been pre-ordained and actually entirely foreseeable, bashing me here would NOT be really, really pointless and sad . However, if you are respecting her for picking up a paycheck, that is your right.

I think it's pointless and sad to bash her because, once again, I don't think it can reasonably be said that somebody else had the expertise to save Yahoo. We'll never know, of course.

Also, being the CEO of an "old and out of touch" company with services that only grannies use nowadays leaves you open to lots of undeserved bashing. So bashing her is easy. But she should be bashed if she was a bad CEO (which she wasn't, I think) or if somebody else would've done better than her (a person that most probably doesn't exist). So there's that.

(Yes, most of my comment was facetious. Don't take it literally)

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#138

Post by prostoalex »

jinglbox wrote: post #113
stanleydrew wrote: post #22

Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship. Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.

Steve Jobs worked himself to the bone and took zero money for years when he was trying to save Apple. That's what a good faith effort looks like. If he had failed he would have wasted years and got nothing in return. If Mayer had done this I would be impressed. But Mayer had no vision, didn't put in the effort required, and milked Yahoo for a hundred million dollars she didn't earn. Silicon Valley loves failure like…

> If he had failed he would have wasted years and got nothing in return.

Steve Jobs' personal wealth is mainly from Pixar (acquired by Disney) and less from Apple, especially after SEC shut down the goldmine of backdated options http://www.slate.com/articles/business/moneybox/2007/01/snow...

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#139

Post by rconti »

hk__2 wrote: post #78
stanleydrew wrote: post #22

Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship. Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.

Out of curiosity, why do you call her by her first name instead of her last name (Meyer)? Is there another famous Meyer such that there could be a confusion here?

Oscar.

Re: Yahoo SEC Filing: Name change to Altaba Inc and director resignations

#140

Post by [deleted] »

stanleydrew wrote: post #22

Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship. Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.

[deleted]
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