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"... milked Yahoo for a hundred million dollars she didn't earn." "Marissa Mayer's failure at Yahoo was caused by pure incompetence, negligence, and laziness o
by speaktruth 10y ago
"... milked Yahoo for a hundred million dollars she didn't earn."
"Marissa Mayer's failure at Yahoo was caused by pure incompetence, negligence, and laziness of all involved. Nothing about it that deserves praise."
I just wanted to thank you for this comment, because it is important that we get the facts straight. There was not one thing she brought in the company that showed a hint to financial success.
She is overrated at an almost fraudulent level.
- nadim 10y agoWhat facts are you referring to and what does overrated at a fraudulent level mean?
- JumpCrisscross 10y ago> an almost fraudulent level Fraud isn't a function of magnitude. A $2 fraud and $2 billion fraud are both fraud. What matters is intent, the concealment of material facts and the victim's harm resulting from the foregoing.
- Bartweiss 10y agoReading some other comments, I think the suggestion is that the overrating was fraudulent. In which case the price is a relevant factor. Mayer was worth some amount of money, a mild overestimate would be human error, but a massive overestimate would be evidence towards a fraud claim (in the sense that the error would demand explanation as unintentional). I don't endorse that on a Mayer-specific level, but I think it's the shape of the argument. None of which disagrees with you, it's just an interesting note for assessing what a hypothetical fraudulent CEO appointment would look like. Presumably it would factor in price in the sense of "could a reasonable person assess the CEO's worth at this value?"
- speaktruth 10y agoAppendum: When I said "She is overrated at an almost fraudulent level." I meant the she and other people from the board created an image of superiority around Meyer, that led to and justified a fantastic compensation plan. Then when you compare this fantasy image to her real accomplishments, the term "delusion" would not be wrong. And at a certain level of delusion, we can also name it fraud. Yes, I think this is fraud.
- sreenadh 10y agoBasically she Trumped it or is Trump going to Mayerr it? (Promise bullish ideas and deliver high grade bullshit) Sorry to drag in politics, but I could not resist this cheap-shot.