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Yahoo sold to US telecoms giant Verizon

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Re: Yahoo sold to US telecoms giant Verizon

#271

Earlier quoted context omitted.

Soon-to-be a freshman in college. If you don't mind me asking, what career path do you wish you took?

I believe he was being a being slightly tongue in cheek. In reply to your question though - never follow the money, follow the path where your interests lie and where your strengths lie. Biggest career mistake I ever made was to move from a job I really enjoyed to another because they offered to more than double my salary.

My slightly different take on this:

At the beginning of your career, I think the most important thing is to learn. Any company where you're learning a lot is a good place to be.

But I think you need to be able to learn to like what you're doing, even if it doesn't sound like your cup of tea. Get out of your confort zone. Go into a company that does something that's not just IT (that is, not a company that sells stuff for programmers). Human Resources, healthcare, geology, law, finance, advertising, any other domain other than IT. If I were re-doing my career, I'd try to get into any good situation with not only interesting tech, but interesting non-tech problems to solve.

Getting domain expertise outside of tech + strong tech fundamentals is huge, and a great way to build a really good company later on if that's your cup of tea, or be a great consultant or team member.

That way, you get both an interesting job, and very likely, very good financial rewards if you're good at what you're doing.

The worst mistake I've made was getting sucked into a dead-end path and staying because of the money. If I had gotten out early, I would have taken a financial hit early on, but would have continued an upward trajectory instead of plateauing (and working on stuff with non-marketable skills).

Re: Yahoo sold to US telecoms giant Verizon

#272

2 guys who spent 20 years at Yahoo, started WhatsApp and sold itself to Facebook for $19B. and this huge company sold for 1/4th of that price. Management vs. Product Visionaries.

How much revenue/profit does Yahoo generate? How much does WhatsApp? Facebook paid handsomely for a lot of hype and to gamble at poaching users.

The Yahoo deal seems way more down to Earth, compared to an astronomical offer by a company with cash to burn and a desperate desire to keep growth going up.

Re: Yahoo sold to US telecoms giant Verizon

#274
post #184
post #144

Earlier quoted context omitted.

Does any of that give it customers?

Hi, can you elaborate more on what you are asking?

I was being snarky. The fact that they have an end-to-end platform is great and all, but that doesn't mean peopl will use it.

Re: Yahoo sold to US telecoms giant Verizon

#275
post #5

I hope yahoo mail sticks around. I've been using it since forever, and would hate to change to gmail. Yahoo mail is kind of slow, but gets the job done, gmail is too chaotic for me. Maybe I'm old school about that, but I'm all in on yahoo mail.

I didn't believe you that Gmail was more chaotic than Yahoo, so I signed into my never-used yahoo account. The Yahoo Mail interface is much cleaner than I remember, though I don't enjoy the purple theme, the loading times, and the persistent "Try Firefox" banner in the top right. Plus my mailbox is full of spam from Yahoo itself, like weekly emails from Yahoo Movies.

>the persistent "Try Firefox" banner in the top right

We, non-Chrome users, hate persistent "try Google Chrome" banners on every Google property too.

Re: Yahoo sold to US telecoms giant Verizon

#276

Shouldn't it be banned? Like car factory owning dealerships? Or Movie Theaters owning Hollywood Studios??

> Or Movie Theaters owning Hollywood Studios??

Wanda Group, majority owner of AMC Theatres, also owns Legendary Entertainment. And AMC Theatres and Regal Entertainment Group co-own Open Road Films.

Stepping back in time, infamous low-budget studio Cannon Films owned hundreds of theaters.

> Like car factory owning dealerships?

Plenty of folks think that would be a good thing, e.g., [1] [2]

[1] https://www.justice.gov/atr/economic-effects-state-bans-dire...

[2] https://www.ftc.gov/news-events/blogs/competition-matters/20...

Re: Yahoo sold to US telecoms giant Verizon

#277
post #253

Yahoo got all cash, which is nice as it gives them more flexibility, the last thing they'd want after the Alibaba spin off fiasco is to have to try and sell 4.83 Billion in Verizon stock. Bloomberg just put up a head line saying that Yahoo will return all the cash, minus Operating Costs to the share holders. If anyone has any guess as to how much "operating costs" will be, please email:) So I guess queue Alibaba and…

I just find it odd that so many people on HN give Mayer a pass for failing to turn it around because no one could turn it around. I suggest reading the various articles that were written about her in 2015. From what I've read of her tenure, this isn't a case of an MVP who didn't have enough support. Mayer being a bad hire / performing poorly AND Yahoo being at a point of no return can certainly co-exist with one anot…

I know people who worked like just a few levels under here and they seemed to think some of your criticism of Mayer is true. However, she at least sold the company and will learn from this and will be a better CEO for the next company she joins.

Re: Yahoo sold to US telecoms giant Verizon

#278
Every time I hear about Yahoo these days, I am reminded of the movie Frequency. At the end of the movie, the protagonist is driving a fancy mercedes with "YAHOO" as the license plate, implying investments in Yahoo made him rich. How ironic that since the movie came out, Yahoo started its decline.

http://www.rexblog.com/2012/05/13/47671

Re: Yahoo sold to US telecoms giant Verizon

#279
post #253

Yahoo got all cash, which is nice as it gives them more flexibility, the last thing they'd want after the Alibaba spin off fiasco is to have to try and sell 4.83 Billion in Verizon stock. Bloomberg just put up a head line saying that Yahoo will return all the cash, minus Operating Costs to the share holders. If anyone has any guess as to how much "operating costs" will be, please email:) So I guess queue Alibaba and…

I just find it odd that so many people on HN give Mayer a pass for failing to turn it around because no one could turn it around. I suggest reading the various articles that were written about her in 2015. From what I've read of her tenure, this isn't a case of an MVP who didn't have enough support. Mayer being a bad hire / performing poorly AND Yahoo being at a point of no return can certainly co-exist with one anot…

> Mayer being a bad hire / performing poorly AND Yahoo being at a point of no return can certainly co-exist with one another.

Sure they can, but if Yahoo really was at the point of no return, then it ultimately being sold for parts can't (in isolation) be used as an indicator of her performance. I remember when she took the helm thinking that it would take an unbelievable feat from anybody to turn that company around.

She's similar to John Chen (Blackberry) in the task they seemed to be given. Both brought on to captain a ship that was taking on water.

Re: Yahoo sold to US telecoms giant Verizon

#280
post #215

Earlier quoted context omitted.

I didn't agree with the sentiment either but I think you're stretching here. If I say "they're doing cool work with clay and steel" that means the coolness is intrinsically linked to those things. That's how I'd read it anyway.

You can do boring work with clay and steel, and you can do cool work with clay and steel. Saying you're doing cool work with clay and steel doesn't imply that "it's cool because it's clay and steel". There's two ways to read it definitely, but I have a problem when someone decides to read it one way, and complains about that particular interpretation of what they're reading...

There's 10 types of people in the world. The people who assume that you are wrong and interpret your words in the least logical way, and the people who assume that you are reasonable and interpret them in the way that assumes you to be logical.

:)

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