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Dear Yahoo, hire me as your next CEO

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Re: Dear Yahoo, hire me as your next CEO

#21

Post by suking »

pitdesi wrote: post #14
quellhorst wrote: post #8

Earlier quoted context omitted.

Yahoo's stock is worth 20 billion. You can acquire companies for stock and cash. When a company is public, you can acquire more easily in exchange for stock. Mark Cuban became a billionaire from his Yahoo stock he got from the acquisition of broadcast.com.

Yahoo's stock is worth 20 billion... and is mostly owned by shareholders. Yahoo can't give it to someone else, because people like me own it. Edit: Suking is right, they could issue new shares... IF people actually wanted Yahoo shares and a target company would actually accept them. (would not happen)

They would create new shares. If they buy someone for $4bn, they create $4bn in new shares and if the public market values the acquisition at $4bn, the price will remain the same. Usually, companies that acquire pay a premium and will take a dip though.

Re: Dear Yahoo, hire me as your next CEO

#22

Post by true_religion »

prostoalex wrote: post #17

This is a very parishiltonesque approach to management. Also, why would the acquisitions listed work out for Yahoo!, while Broadcast.com, Geocities, Kimo, HotJobs, Flickr (Ludicorp), Delicious, Dialpad, Konfabulator, Upcoming and Zimbra did not?

Flickr is one of the few places where Yahoo gave them autonomy, and its paid off in their retaining profitability.

Yahoo unfortunately doesn't let Flickr innovate so they've fallen behind now adays.

Re: Dear Yahoo, hire me as your next CEO

#23

Post by huntero »

pitdesi wrote: post #3

Unfortunately, this isn't how finance works, so I can't hire you as CEO. Yahoo has $1.5Bn in cash. Companies usually get bought for cash and stock that the company owns, or they can issue more stock if it's a merger that gets broad approval. YHOO doesn't have $20Bn to buy companies with, and if they did, they still couldn't make the investments you're talking about. Twitter alone is worth $8.5Bn on the secondary mark…

I think the author is trying to make a point about acquisitions and the value of talent being left alone, not seriously pitch himself as a potential Yahoo CEO hire.

Re: Dear Yahoo, hire me as your next CEO

#24

Post by ojbyrne »

So the plan is to basically throw a bunch of money at the biggest egos on the planet, then give each of them 100% autonomy over divisions like "Photos", "PR & Marketing", "Social", and "Mobile." I'm not sure Joe understands the phrase "100% autonomy." No overlap between those areas at all.

Re: Dear Yahoo, hire me as your next CEO

#25

Post by benihana »

Oh, this web webdeveloer can be the CEO? And his plan is to buy a bunch of companies that make pretty things and give their founders free reign over their entire section of Yahoo! so that Yahoo! would just become a huge collection of brightly colored products with no real strategy? Well, I'm sold.

Re: Dear Yahoo, hire me as your next CEO

#26

Post by cambriar »

I don't care much for the financial aspect of this, but if it's the thought that counts, I think it's great.

If you can, take in some of the great talent (not just individuals) and rebuild! And the idea that

"They would have 100% autonomy over the entire “Yahoo! [Photo, Mobile, Social, News]” division."

seems great! Especially from the AOL/TechCrunch content posted here about who has the upper hand.

Re: Dear Yahoo, hire me as your next CEO

#29

Post by mrpollo »

downside of bringing all that people from the outside would be to loose the current talent thats on board, imagine the people that have stayed with yahoo through the worst being limited in creativity not having much freedom hoping for a chance to lead being shut down again by putting someone else from outside in charge, i know i would quit.

on the other hand i do agree that they could have done better if they'd remained an operations level leads type of company, kinda like all the cool cats are doing right now.

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