4 ms·
I think investors could rightfully say that they "are sick of 'online commenters' thinking they know what Yahoo should do without having any skin in the game."
by dereg 11y ago
I think investors could rightfully say that they "are sick of 'online commenters' thinking they know what Yahoo should do without having any skin in the game."
You cannot "aggressively refocus" without cutting something. For a company like Yahoo, resource allocation is a zero sum game. Moreover, if Yahoo sees iPhones and free food as the only things keeping an employee from leaving, aren't they doing themselves a favor by letting those employees quit at will?
- lawnchair_larry 11y agoInterestingly, these online comments would not exist were it not for Yahoo. Y Combinator would not exist. Every company that Y Combinator mentored may not exist. Some might argue that "online commenters" probably have more skin in the game than investors, they just aren't as close to the money.
- Eridrus 11y ago> Moreover, if Yahoo sees iPhones and free food as the only things keeping an employee from leaving, aren't they doing themselves a favor by letting those employees quit at will? It's not that iPhones and free food keep people, it's the signal that even the little expenses are going to be penny pinched with no regard for employee morale. Which seems like a pretty good reason to get out IMO.
- bobwaycott 11y agoI think it would be more than right to say that investing does not inherently mean one has skin in the game. Or perhaps we have so diluted the concept of having skin in the game that, like free speech, we're going to say it equals spending money.