3 ms·
Worthless to who? The headline seems mean spirited. A friend of mine used to work at Yahoo in the in the news department. She said it was one of the best team
by gerbilly 8y ago
Worthless to who? The headline seems mean spirited.
A friend of mine used to work at Yahoo in the in the news department.
She said it was one of the best teams she'd ever worked in (they were supportive with a spurious but difficult legal issue she faced ) and she pushed out some really great reporting during her one year contract.
It might be worthless to Verizon, but many people enjoyed working there and I know her articles got read because a few had a national impact.
Of course that is just a microcosm of the overall company, but it's sad that a friendly workplace gets deemed 'worthless' when so many abusive workplaces are overvalued.
- elliekelly 8y agoGood place to work != Good investment They aren't making any money. They aren't a good investment to anyone, Verizon or otherwise.
- gerbilly 8y agoMaybe that's the problem is that we only value as a culture what is valuable to investors.
- malvosenior 8y agoThose investors were most likely paying your friend's salary. Also, don't forget the massive data breaches Yahoo! has had. They are a huge net negative on the internet.
- gerbilly 8y agoThe advertising revenue was likely paying my friend's salary. The investor's make money off of Yahoo (or lose) because they had enough money lying around to buy a stock or mutual fund.
- malvosenior 8y agoIt depends. Companies raise money to scale operations. Without the IPO and earlier venture capitalists, Yahoo! wouldn't even exist.
- gerbilly 8y agoWithout the workers, Yahoo wouldn't exist. In fact workers can form and grow a company alone, but passive investors can't.
- malvosenior 8y agoYahoo! didn't grow the company alone though, they used investors. Getting a return on investment is the entire reason a company exists, otherwise it's a non-profit.
- bdcravens 8y agoImagine if the hiring manager took the same attitude when it came to discussing your friend's salary.
- elliekelly 8y agoYou're absolutely right. Though I'm not sure Yahoo really adds value to anyone. Their platform is clunky, the can't seem to manage even the most basic level of user data security, and they can't seem to figure out a way to make money. We should value more than just investor profit but I don't necessarily think Yahoo is an example of valuing profitability over everything else.
- bdcravens 8y ago"Worth" in this context is strictly financial. As in, that watch is only worth $5, not how much it's worth to you because your grandfather gave it to you. I don't think most people would have read into it as much as you did.