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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

#31

She ruined Yahoo! Made stupid acquisitions like Tumblr and shit.

Yahoo was already dying when she joined. Fundamentally the ‘portal’ model was already doomed and there was little she could do to fix it other than buy a social network like tumblr.

Yahoo and aol both had levels of technical debt that are hard to imagine from outside of the company.

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

#32
post #28

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.

I wonder what Yahoo would look like now if Jerry had accepted the Microsoft acquisition. Yahoo was already in troubled waters at the time, in hindsight it looks like a missed opportunity.

Probably completely non-existent and shut down. Both Ballmer and Gates have commented that it would’ve been a monumental mistake

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

#33
post #29

Earlier quoted context omitted.

Sheryl Sandberg described a similarly thorough weighing of her decision to join Google. Mayer: "I had a long analytical evening with a friend of mine where we looked at all the job offers I had received. We created a giant matrix with one row per job offer and one column per value. We compared everything from the basics like cash and stock to where I'd be living, happiness factor, and trajectory factor—all of these d…

I don't think this is a rare thing to do. I've done it and so have co-workers. A simple pro/con chart is really all you need.

Sorry to weigh in this way, but yes it's a rare thing to do. Most people don't have multiple offers sitting on the table. It's a privilege.

It's rare, that's all.

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

#34
post #2

Marissa described possibly the most thorough and analytical job search process I've heard from anyone, when she was talking about how she joined Google. I really liked her reflection on this in hindsight on how being overly analytical is dangerous and it's something I try to remind myself of when I'm in danger of overthinking a decision: "I think this is a common thing that very analytical people trip themselves up w…

Agreed. I think for most people here the risk is the indecision rather than the wrong decision. For a lot of people there's a deathly fear of ending up under a bridge, and while that's undoubtably true for many people unfortunately, I'd wager most people here have a lot more runway than they'd think even.

[deleted]

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

#35
post #25

She ruined Yahoo! Made stupid acquisitions like Tumblr and shit.

Check out the term "glass cliff," if you want an explanation of why some folks perceive her as a failure despite her successes.

Folks probably perceive that because she was a high profile CEO that ran her company into the ground. Yes Yahoo! was not doing great before her but if you get paid tens of millions of dollars to do a job I would say it’s not unfair to be judged unsuccessful when you fail. She’s still rich after all. Do we also need to unquestionably agree she is excellent?

Also she killed remote work at Yahoo! and practiced great hypocrisy by simultaneously building a private daycare for her kids next to her office.

She is no hero and it’s ok to point that out.

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

#36
post #2

Marissa described possibly the most thorough and analytical job search process I've heard from anyone, when she was talking about how she joined Google. I really liked her reflection on this in hindsight on how being overly analytical is dangerous and it's something I try to remind myself of when I'm in danger of overthinking a decision: "I think this is a common thing that very analytical people trip themselves up w…

As someone who feels they're from the outside looking in (left college to work, still ended up in the technology but without a traditional college education) one of the most frustrating things is watch folks who I perceive as traditionally trained CS and similar folks ... is their desire to go hyper analytical ... and then REALLY commit to the result as the best choice above all others because of whatever analysis they made.

Now granted there are time to hunker down and commit but sometimes all that data doesn't really tell you anything and you're still facing an unknown no matter how much work you do, and it might be worth thinking about it after taking a few steps down that road / experience. It's not uncommon to come across a variable(s) that plays a far stronger role than any other, only AFTER you tried doing something.

For hyper analytical folks the data on hand is the hammer for every nail it seems sometimes.

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

#37

She ruined Yahoo! Made stupid acquisitions like Tumblr and shit.

Yahoo was already dying when she joined. Fundamentally the ‘portal’ model was already doomed and there was little she could do to fix it other than buy a social network like tumblr. Yahoo and aol both had levels of technical debt that are hard to imagine from outside of the company.

>Yahoo was already dying when she joined.

She joined it.... that is something she decided to do.

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

#38
post #28

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.

I wonder what Yahoo would look like now if Jerry had accepted the Microsoft acquisition. Yahoo was already in troubled waters at the time, in hindsight it looks like a missed opportunity.

Microsoft got some search tech out of them later.... that's all that would be left I imagine.

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

#39

She ruined Yahoo! Made stupid acquisitions like Tumblr and shit.

lol. Yahoo was killing it before she showed up?

She pissed off most of the staff. She introduced a weird iteration of "fire the bottom performers every year". She bailed out Dan Loeb (who had hired her but changed his mind after she refused to do almost anything she promised). She didn't get a particularly good price in the eventual sale. She got paid hundreds of millions for nothing (her pay alone was ~5% of the eventual sale price...one person). Terrible acquisitions. Terrible hires. She also appears to have rubbed almost everyone she met up the wrong way (I know people who met her and got a bad impression, imo she came across very poorly to investors and was preoccupied with perception/spin...I believe she gave an interview a few years ago in which she even blamed Carl Ichan...truly odd).

Most people are, I think, quite forgiving when it comes to failing in these situations. The issue often is that some people, most in my experience, have no idea how to behave when things go wrong (and, given enough time, something will always go wrong).

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

#40
post #5

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

At one point she was seen from the outside as the 3rd most powerful/influential person at Google, after the two founders and even ahead of Schmidt, I remember articles praising her decision of leaving the Google front-page almost empty with only two buttons on it (I think this was around 2008-2010). Then she went to Yahoo and drove it into the ground and as such I'm surprised that people still take her business-related pieces of advice that seriously.
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