With all the hubbub surrounding Mayer/Yahoo, why hasn't the board or shareholders fired her?
Mostly because there are people with opinions that differ from the hn/reddit echo chamber. Nobody denies that yahoo failed, but most people also believe that it's fate was sealed the day it refused to buy google, and that she did about as well as anybody would have. ...but also: she'd get a 60$ million bonus if fired, and considering that yahoo has already lost 90% of its former value and is being sold of, people pro…
In 2000, when Yahoo signed the deal to use Google search results, they also made an investment as well. IIRC, they sold that when Google went public. Obviously, Yahoo made a ton on that.