3 ms·
Warren Buffett once wrote: With few exceptions, when a manager with a reputation for brilliance tackles a business with a reputation for poor fundamental econo
by HillaryBriss 11y ago
Warren Buffett once wrote:
With few exceptions, when a manager with a reputation for brilliance tackles a business with a reputation for poor fundamental economics, it is the reputation of the business that remains intact.
It's not clear to me that Yahoo's business has poor fundamental economics because I don't quite know what business it's in.
- rodgerd 11y ago> It's not clear to me that Yahoo's business has poor fundamental economics because I don't quite know what business it's in. Buying, say, tumblr didn't help with that because it's not like a free blogging engine would appear to be a great money spinner. Suggesting you want to make it less R18 then suggests you didn't look too hard at what people use it for. Similarly, when flickr has a lot of people who are prepared to pay to host photos spattering ads all over it seems like... a lack of understanding of how it works. flickr makes me particularly sad. The user authentication fuck up was appalling. The ads were moronic. It only needs a couple of minor tweaks, some of which (like albums for groups) to make itself a Facebook alternative on the side.
- nickpsecurity 11y agoIt unfortunate she took the reigns of this business. I hoped her talent could pull off something big but Yahoo was really run too hard into the ground for her to have much of an effect. Sad given where it started and the potential it had.