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The $16M offer letter Yahoo sent to poach its CRO from Amazon

• eganist 11y ago
  16 million that could've gone towards an innovative product developed under a separate (non-Yahoo) label. If the brand is that expensive to fix, build a new brand.
• jdalgetty 11y ago
  I could use a 600k/year salary :)
• Someone1234 11y ago
  I hope this individual brings in enough value to offset the approximate 20 some odd employees that their single compensation package could have otherwise paid for. That's literally an entire new product team for this one employee.
  • mathattack 11y ago
    For better or worse, the Head of Sales or top Salesperson is usually the highest paid person in a company. They frequently make more than the CEO. To pull a successful (and very highly paid) Sales exec from another firm is extremely expensive because they know they can make a lot of money staying. So the failure isn't the price paid... It's that Yahoo couldn't grow their own execs. And for the same reason that they needed to go external and overpay for the CEO, they also needed to go external and pay up for the revenue too. If Yahoo was growing nobody would be complaining.