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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

#231
post #220

Earlier quoted context omitted.

I would be far more willing to believe this if it happened in a discussion of Elon Musk or Jack Dorsey. But I do not remember this point ever being made in discussions of those workaholics. Until a woman came along. Also: the same user calls Mayer (and Holmes) „attention whores“ downthread. I rest my case.

If you're going to stalk me do it right. I called Holmes, Musk, Jobs and Gates attention whores. That's three men and one woman. One of them is dead and I'm still shitting on them, and it's not a woman. You also missed the post (just above the one you selectively read) where I call male CEOs coked up failures who come off badly when compared to chimps. You must really want to see sexism everywhere you look to have re…

That was completely uncalled for. I think you ought to review the guidelines for participation.

https://news.ycombinator.com/newsguidelines.html

> Be civil. Don't say things you wouldn't say face-to-face. Don't be snarky. Comments should get more civil and substantive, not less, as a topic gets more divisive.

> When disagreeing, please reply to the argument instead of calling names.

> Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith.

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

#232
post #112
post #5

The cult of personality around Marissa is just confusing to me.

> The cult of personality ~~around Marissa~~ is just confusing ~~to me~~. Lest we forget Elizabeth Holmes, Elon Musk, Steve Jobs and for those old enough to remember Bill Gates in the 90s. If you're lucky you die before you start making terrible decisions. A quote from Napoleon that he supposedly said while in exile "Had I been hit by a canon ball on my entry into Moscow I would have been remembered as the greatest s…

Bill Gates was actually very technical, so at least he had that going for him. Completely agree with the rest.

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

#233

Earlier quoted context omitted.

Execs rewriting corporate history after the fact. Go figure.

And unless the people who were at Google at the time were in the meetings, they are merely speculating. I was at Netscape and was actually in meetings that marca, and others were not in, and it's funny to hear what they say happened, when they weren't in the room, nor were they consulted. Even the people at the top can be guilty of speculation.

Speculation, and creating a corporate mythology. It’s deliberate.

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

#234
post #112

Earlier quoted context omitted.

> The cult of personality ~~around Marissa~~ is just confusing ~~to me~~. Lest we forget Elizabeth Holmes, Elon Musk, Steve Jobs and for those old enough to remember Bill Gates in the 90s. If you're lucky you die before you start making terrible decisions. A quote from Napoleon that he supposedly said while in exile "Had I been hit by a canon ball on my entry into Moscow I would have been remembered as the greatest s…

Bill Gates was actually very technical, so at least he had that going for him. Completely agree with the rest.

He was, he also was acting like the founder of a tiny startup while being the CEO of the largest company in the world.

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

#235

I was also at Google when the AOL deal was signed and remember the decision and outcome quite differently. It was definitely a high risk deal, deliberately so, but in no way was it only "the best-case scenario had us breaking even". Nor was it the case that "all of our models were wrong". The product manager in charge of ads at the time had a clear understanding of exactly how the deal could be hugely profitable for…

Can you speak at all to what sort of modeling work is done around this sort of major partnership? I'm really curious how many people are involved in that sort of exercise at that level and how clean the data is, what sorts of data are used, etc.

  It's often one guy with a spreadsheet, and 1-2 people to review the spreadsheet and a few business people to validate assumptions.  The modeling is easy, getting the assumptions right is hard.                                
  To be honest, if you're skilled very simple models that you can do in your head or in a few minutes usually give you a perfectly good answer.  The more complex exhaustive models are usually there to make sure you didn't overlook something or 20 small inputs all cross multiplied to throw your answer off.                             
    Getting the answer exactly right also doesn't matter, if you make $90m in profit off a deal or $100m your going to do it.  What you are most concerned about is making sure that you don't lose money and what factors would push you to do that.

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

#236
post #184

Earlier quoted context omitted.

Execs rewriting corporate history after the fact. Go figure.

Seeing as this happened 20 years ago and she was quoting from memory, I think we can give her the benefit of the doubt. It could have also been that her view at the time was different than OP's/the person who made the deal & she recalls her opinion as "how it was". Such things in-fact happened to me (even tho I'm a bit younger than Mayer & my career started a few years later than hers), human memory is really unrelia…

As if only evil CEO can remember things differently.

"This CEO rewrites history! My friend's memory is more trustworthy!"

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

#237
post #218

Earlier quoted context omitted.

Tumblr wasn't a bad acquisition. I would also challenge that she ruined Yahoo. Yahoo was already on a downward trajectory with an existential identity crisis. At worst, she couldn't change the direction.

>Tumblr wasn't a bad acquisition. I would like to see your justification for this. Because Yahoo paid 1.1 billion dollars for it and they wrote down pretty much all of the value within a few years. It looks especially bad when compared with Facebook buying Instagram around the same time for about the same price.

You seem like you're more aware of the outcomes of the purchase so I will acquiesce to you, but $1 billion for Tumblr doesn't strike me as particularly egregious. Maybe that's because culturally Tumblr punches above its weight? I don't know.
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