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She took the stock price from the mid teens to close to $50 today. I know we all expect a "Great" CEO to lead the company to world domination, but Yahoo was a
by run4yourlives2 9y ago
She took the stock price from the mid teens to close to $50 today.
I know we all expect a "Great" CEO to lead the company to world domination, but Yahoo was a sinking ship before she got there, and she was was able to turn that around enough to create an acquisition. By every measure that her employers where using to judge her performance, she was a tremendous success.
Call me when you create a 200% increase in value over 5 or so years.
- hodder 9y agoYou may or may not be aware that the Yahoo component of Yahoo is worthless (actually worse less than nothing) while the stake in BABA exceeds the value of the whole thing. NOTE: she also had nothing to do with the decision to buy into BABA. She did however, buy Tumblr (huge failure), ruled against remote work, drove a mass exodus of engineering talent, oversaw Flickr's hideous decline, and sat in the leadership seat for multiple hacks. About the only thing she can claim is that she didn't commit fraud.
- scholia 9y agoShe also made all Yahoo's products dramatically worse -- at least, she ruined the ones I used via the web. That applies to Flickr, Email and Yahoo Finance in particular. The general approach appeared to be to make things look prettier while destroying their usability. If there was anything she actually improved, I missed it.
- briandear 9y agoI could have increased the value even more just by sitting in the chair and doing nothing. Her decisions resulted in less increase than there would have been had she just done nothing.