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I think it's interesting to note Marissa took over in July 2012, since then the stock price rose by 140%. During that same time Google did 152%, Microsoft did 7
by IkmoIkmo 10y ago
I think it's interesting to note Marissa took over in July 2012, since then the stock price rose by 140%. During that same time Google did 152%, Microsoft did 75% and Apple did 15%.
Of course this is only a small part of the story, but at the end of the day she works for the owners of the company, the shareholders, and they care about their share price. They've done quite well compared to others, under her leadership.
Am I excited about Yahoo, or would I invest, or do I think it's a well run company? Nonono. But there's a narrative that Marissa's doing a terrible job, and contextualised by a declining trend for at least half a decade prior to her joining the company, and shareholders faring quite well so far, I'd say it's nowhere as bad as people think.
- GabrielF00 10y agoHow much of that has to do with the fact that Alibaba had an IPO in 2014? People were using Yahoo as a vehicle to invest in Alibaba. Given that, the stock would have risen regardless of who was CEO.
- matwood 10y ago> I think it's interesting to note Marissa took over in July 2012, since then the stock price rose by 140%. Yep. I bought YHOO when she was hired, and it worked out well. She may not have been the catalyst for they stock price rise (Alibaba), but she was the catalyst that made me purchase some shares.
- vorotato 10y agoYeah, and the core business is still waaay undervalued. Plenty of people use Yahoo, it's just not us.
- yellowstuff 10y agoYahoo owns shares in Alibaba and Yahoo Japan, but has no control over those companies. Yahoo's rising stock price is mostly due to those assets going up in value. Sure, Meyer had the foresight not to sell off the Alibaba shares in 2012 and pay maximum taxes, but for the most part she should be judged for how she ran the core business.