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So what's the consensus on how well this will work? It definitely seems like a step in the right direction; Yahoo probably has a great deal of internal talent

by brett 20y ago

So what's the consensus on how well this will work? It definitely seems like a step in the right direction; Yahoo probably has a great deal of internal talent that they are not tapping into. Giving that talent freedom and incentive should make Yahoo more competitive. But so many of the advantages of real startups are unlikely to apply. What strikes me as one of the biggest factors is that this seems unlikely to draw in too much external talent. The pool of people likely to start successful startups don't want to work for Yahoo until they're getting paid a lot to do so. As the yahoo vp said "It is generally cheaper to incubate these things than to buy them"

jimream 20y ago
I agree, I have long thought that Yahoo was getting "blown out of the water" and they must to *something* to breathe a little life back into their once dominant company. I have been battling myself over the issue of who to go to with my idea. I believe from my incredibly fortunate and diverse upbringing, lifelong experiences with computers, social networks, MMO interactions, I have come up with a web application that will organize the worlds information in a better way. As a result it will not only appeal to everyone, but help everyone in the world with a computer live more productive and "better" lives. Ambitious? yes. But in case you didn't know.. Facebook, Myspace, Wiki, and Reddit are represent the infant stage of how we will organize the worlds information. The problem I face now is who to go to... Do I find team of great "Hackers" (not so easy to find in Madison but I will be graduating in May) and start working on a beta and focus on angel/seed/Ycom funding? Do i go to the Bill and Melinda gates foundation and go though probably years of red tape in order to get my idea noticed. Or do I go to a company like Yahoo and tell them "your whole web philosophy and yahoo pages are flawed and I can show you how you can regain the Internet power you once had" Or do I just apply to their "brickhouse" division and hope they give me stock if my idea is successful. The dilemma as I see it is that because this will be my lifelong endeavor, I want to give it the best chance to succeed. It is not even about the money, even though the most powerful information browsing tool (google currently) will always be the most powerful and profitable company in the world. I just want to make sure Rupert's empire doesn't get a hold of these ideas because it could be used for real evil if all the worlds information was in his hands...

by brett 20y ago

jimream 20y ago

I agree, I have long thought that Yahoo was getting "blown out of the water" and they must to *something* to breathe a little life back into their once dominant company. I have been battling myself over the issue of who to go to with my idea. I believe from my incredibly fortunate and diverse upbringing, lifelong experiences with computers, social networks, MMO interactions, I have come up with a web application that will organize the worlds information in a better way. As a result it will not only appeal to everyone, but help everyone in the world with a computer live more productive and "better" lives. Ambitious? yes. But in case you didn't know.. Facebook, Myspace, Wiki, and Reddit are represent the infant stage of how we will organize the worlds information. The problem I face now is who to go to... Do I find team of great "Hackers" (not so easy to find in Madison but I will be graduating in May) and start working on a beta and focus on angel/seed/Ycom funding? Do i go to the Bill and Melinda gates foundation and go though probably years of red tape in order to get my idea noticed. Or do I go to a company like Yahoo and tell them "your whole web philosophy and yahoo pages are flawed and I can show you how you can regain the Internet power you once had" Or do I just apply to their "brickhouse" division and hope they give me stock if my idea is successful. The dilemma as I see it is that because this will be my lifelong endeavor, I want to give it the best chance to succeed. It is not even about the money, even though the most powerful information browsing tool (google currently) will always be the most powerful and profitable company in the world. I just want to make sure Rupert's empire doesn't get a hold of these ideas because it could be used for real evil if all the worlds information was in his hands...